GAVIN Woods is the billionaire founder of Polkadot and Ethereum.
But what is the story behind Woods?
Who is Gavin Wood?
Gavin Wood was born in Lancaster, England in 1980.
He attended Lancaster Royal Grammar School and graduated from the University of York with a MEng in Computer Systems and Software Engineering in 2002.
He then went on to complete his PhD on ‘Content-based visualisation to aid common navigation of musical audio’ in 2005.
Wood started his career as a research scientist at Microsoft, before founding Ethereum with Vitalik Buterin, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin in 2013.
Wood served as Ethereum’s first chief technology officer (CTO) before leaving in January 2016.
Wood then founded Parity Technologies, previously Ethcore, which builds Ethereum software for clients. Wood resigned as CEO in 2022 but remains a majority shareholder.
He then founded the Web3 Foundation, a nonprofit that funds the Polkadot and Kusama ecosystems.
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He created Polkadot to solve Ethereum’s scalability problems, starting by utilizing the proof-of-stake consensus method.
In 2019, he founded Kusama, an early stage experimental development environment for Polkadot.
Wood has remained tight-lipped about his personal life and has never mentioned anything about a wife or family.
What is Gavin Wood’s net worth?
Gavin Wood is estimated to be worth around $1.1 billion.
In 2022, he donated more than $5 million to Ukraine.
