Wei Dai Net Worth 2023: Computer Engineer, crypto++, B-money, VMAC (Updated)

 What Is Wei Dai’s Net Worth? (latest Report)

Net Worth$300 Million
Born1976
Age47 years 
BirthplaceBeijing, China
Source of WealthComputer Engineer, Cryptographer
Last Updated2023

Wei Dai is a Chinese computer engineer best known for his contributions to cryptography and cryptocurrencies. His net worth is assessed to be worth $300 million in 2023.

He created the b-money cryptocurrency system and co-proposed the VMAC message authentication algorithm while developing the Crypto++ cryptographic library.

Ether’s smallest subunit, The Wei, is named after him.

Would you like to learn more about him?

Let’s explore some additional fascinating facts about Wei Dai now that we know his net worth.

Wei Dai Biography/ Wikipedia/ Wiki

Real NameWei Dai ( 戴伟)
Also known asWei Dai
Birth Date1976
Age 47 years old
GenderMale
HoroscopeN/A
NationalityChina
EthnicityChinese
Education/ CollegeUniversity of Washington
ReligionN/A
HeightN/A
WeightN/A
Marital StatusUnknown 
Spouse/GirlfriendN/A
ChildrenN/A
Net Worth$300 Million 
ProfessionComputer engineer, Cryptographer

How Was Wei Dai’s Early Life And Education?

Dai is referred to as an “intensely private computer engineer” and holds a computer science degree from the University of Washington.

In the 1990s, Wei Dai was a member of the Cypherpunks, Extropians, and SL4 mailing lists.

On SL4, he communicated with Eliezer Yudkowsky, Robin Hanson, Nick Bostrom, Aubrey de Grey, Anders Sandberg, Eric Drexler, David Pearce, Hal Finney, and other members of the nascent “rationalist” community.

How Did Wei Dai Start His Career?

Dai’s publication of “b-money, an anonymous, distributed electronic cash system” in 1998 sparked interest in cryptocurrencies.

Ted Krovetz and Wei Dai proposed VMAC in April 2007 as a block cipher-based message authentication code (MAC) algorithm that uses a universal hash.

The algorithm was created with high performance in mind, and it is backed up by formal analysis.

Dai co-founded the Beijing-based bike-sharing startup Ofo in 2014. 

After raising hundreds of millions of dollars from a list of powerful investors that includes Coatua Management, Chinese ride-sharing service Didi Chuxing, and Russian billionaire investor Yuri Milner, the company is rapidly expanding across the country.

Ofo announced in December that it would place 20,000 bikes in Silicon Valley and London.

Dai backed away from the Crypto++ project in June 2015 to work on other projects. The Crypto++ community is now in charge of its upkeep.

The b-money paper was mentioned in the subsequent Bitcoin whitepaper, and Wei Dai and Adam Back were the first two people Satoshi Nakamoto contacted as he developed Bitcoin in 2008.

Wei Dai’s Personal Life

Wei Dai lives in Beijing, China.

There is not much info about Wei Dai’s personal life.

How Does Wei Dai Make His Money?

The following are his primary revenue sources, from which he has made $300 Million:

  • Earning as a Computer Engineer 
  • Earning as a Crypto Trader

Wei Dai Social Media Profiles

  • LinkedIn
  • Instagram
  • Facebook
  • Twitter
  • Youtube

Famous Quotes of Wei Dai

I think a highly rational person would have high moral uncertainty at this point and not necessarily be described as “altruistic”.

Wei Dai

I think status is in fact a significant motivation even for me, and even the more “pure” motivations like intellectual curiosity can in some sense be traced back to status.

Wei Dai

Success Lessons Wei Dai

  • Create solutions
  • Think big

Summary

Wei Dai is best known for his contributions to cryptography and cryptocurrencies. 

While developing the Crypto++ cryptographic library, he created the b-money cryptocurrency system and co-proposed the VMAC message authentication algorithm.

I hope that his experience has inspired you to begin pursuing your goals.

According to the latest report, the net worth of Wei Dai is $300 Million as of 2023.

Related:

Frequently Asked Questions

Here are some of Wei Dai‘s frequently asked questions, including his age, height, weight, girlfriend, biography, and other details…

Who is Wei Dai?

Wei Dai is a computer engineer best known for his contributions to cryptography and cryptocurrencies.

What is Wei Dai’s net worth?

The net worth of Wei Dai is projected to be more than $300 Million.

What is Wei Dai’s age?

Wei Dai was born in 1976 and is 47 years old.

What is Wei Dai’s height?

There is no information about Wei Dai’s height. 

What is Wei Dai’s relationship status?

There is no information about Wei Dai’s personal life.

Where is Wei Dai from?

Wei Dai is from Beijing, China.

How much Bitcoin or cryptocurrency does Wei Dai own?

Wei Dai owns a substantial amount of cryptocurrency and bitcoin, but the exact amount is unspecified.

(PS: This is not Wei Dai‘s precise net worth.)