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As attention turned to the Ethereum Foundation’s financial practices, Vitalik Buterin disclosed his annual salary and hinted at an upcoming report detailing the organization’s activities.
Vitalik Buterin announced on X that he earns approximately $139,000 per year as a member of the Ethereum Foundation. Despite holding a substantial amount of ETH, which brought his net worth close to $1 billion as of June 2024, the Ethereum co-founder has not sold any Ether for personal profit since around 2018.
Buterin’s disclosure came during social media debates about the Ethereum Foundation’s resource allocation. Many stakeholders questioned the gas fees collected by the non-profit organization, which is dedicated to supporting the broader Ethereum ecosystem.
In response, Buterin and fellow EF member Josh Stark shared a preview of the foundation’s priorities. They mentioned that a comprehensive report would be released before Devcon SEA, a four-day event set to take place in November in Bangkok, Thailand.
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