Joseph Lubin Net Worth Explained: Ethereum’s Quiet Co-Founder Built a Billion-Dollar Empire
- Joseph Lubin helped found Ethereum in 2014.
- Today, he is most known as the CEO and majority shareholder of Consensys.
- Thanks to his Consensys shares and remaining ETH holdings, Lubin’s net worth is likely in the billions.
After Vitalik Buterin, Joseph Lubin is arguably the most influential person in Ethereum , which he helped found in 2014 and continues to shape through his role as CEO of Consensys.
But although he is indisputably a rich man, estimating Lubin’s net worth is difficult due to the private nature of his business ventures.
Ethereum Founder and Consensys Boss
With a background in finance and software, Lubin was well-positioned to ride the blockchain wave in the early days of the crypto movement.
In 2014, he met Vitalik Buterin, a fellow Canadian programmer who had an idea for a new blockchain that could execute more complex transactions and support sophisticated applications.
As one of Ethereum’s eight co-founders, Lubin helped Buterin realize his vision for the project a year later.
While the founding team would ultimately break up, unlike several of the other founders, who went on to build competing platforms like Charles Hoskinson’s Cardano and Gavin Wood’s Polkadot, Lubin remained committed to Ethereum.
Today, the blockchain development company he founded, Consensys, is responsible for some of the ecosystem’s most recognizable brands and products, including Metamask, Infura and Linea.
Sources of Joe Lubin’s Wealth
By most accounts, Lubin remains the majority shareholder of Consensy, which was valued at $7 billion when it last raised capital in 2022.
Meanwhile, some estimates suggest Lubin’s personal ETH holdings amount to as much as 5% of the circulating supply. However, at Consensus 2022, he said that he has never owned “even close to even half a percent” of the circulating supply.
Even if he did once hold much more, Lubin has likely used a substantial portion of his ETH fortune to fund Consensys.
Calculating Joseph Lubin’s Net Worth
Valuing Consensys at $7 billion, Lubin’s majority stake could be worth upward of $3.5 billion.
Inside Bitcoins estimates that as of 2025, Lubin still holds more than 500,000 ETH, worth over $1.2 billion at the current market price.
Based on these figures, Joe Lubin has a net worth of around $4.7 billion.
In Lubin’s Words
- “When the Bitcoin white paper came along , it really captured the imagination of many people who felt that things were spiraling negatively out of control.”
- “Bitcoin presented the broad strokes vision, and Ethereum presented the crystallization of how to deliver that vision.”
- “Ethereum came along to crystallize the promise of this new technology that would enable us to build systems for society that are based on much more sound foundations.
- “Right from the start , we expected that most of the transactions would have identified actors associated with them […] a lot of the value is in the ‘real economy’ so we weren’t interested in building a system that could be used by criminals, for instance, to send anonymous value around.”
