All Good News

World's Youngest Crypto Billionaire Donates $1 Billion To The India Covid Relief Fund

May 14, 2021

Ethereum's 27-year-old co-founder, Vitalik Buterin, is now the world's youngest crypto billionaire.

He has donated over $1 billion to the India Covid Relief Fund and a range of other charities.

Vitalik Buterin

Buterin made the donations with dog-themed tokens, which he was gifted by the creators of Shiba Inu coin (SHIB), Dogelon (ELON) and Akita Inu (AKITA). These cryptocurrencies have all taken off following Dogecoin's recent success.

In a single transaction, Buterin donated 50 trillion SHIB tokens worth $1.2 billion to the India Covid Relief Fund set up by Indian tech entrepreneur Sandeep Nailwal.

Thanks @VitalikButerin

One thing we have learnt from Ethereum and @VitalikButerin is importance of community

We will not do anything which hurts any community specially the retail community involved with $SHIB

We will act responsibly!

Plz dont worry $SHIB holders. https://t.co/M4GxTR0JAn

— Sandeep - Polygon(prev Matic Network) (@sandeepnailwal) May 12, 2021

Buterin, who launched the Ethereum blockchain in 2015, is the world's youngest crypto billionaire at 27 years old.

He was born in Russia in the town of Kolomna, just outside of Moscow. He later moved to Canada with his family and was raised in Toronto. When he was 18, Buterin cofounded Bitcoin Magazine with Mihai Alisie, who later joined Buterin in founding Ethereum.