Sam Bankman-Fried Net Worth

Sam Bankman-Fried
Sam Bankman-Fried

What is Sam Bankman-Fried’s Net Worth?

Net Worth$8 billion
Age30
BornMarch 6, 2022
NationalityAmerican
Source of WealthCryptocurrency

Introduction

Sam Bankman-Fried is an American billionaire crypto entrepreneur and businessman.

He is known for his role as CEO of FTX, one of the largest cryptocurrency exchanges in the world.

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As of December 2022, Sam Bankman-Fried’s net worth is estimated to be around $8 billion.

Early Life

Sam Bankman-Fried was born on March 6th, 1992 in Stanford, California on the campus of Stanford University.

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In 2014, he graduated from Massachesutts Institute of Technology with a degree in physics and minor in mathetmatics.

After graduating, Bankman-Fried worked for Jane Street Capital as an international ETF trader until he quit his to job to launch his own trading firm, Alameda Research.

Career

Sam Bankman-Fried earned millions of dollars trading Bitcoin via Alameda Research and found the cryptocurrenxy changed, FTX, in 2019.

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He is regarded as the “King of crypto” and grew FTX into a major player in the crypto space.

He also provides liquidity for struggling crypto companies through his firm Alameda Research including bailout loans to Voyager, Celsius, and BlockFI.

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Investment Portfolio

CompanyValuation
FTX
Alameda Research
Robihhood Markets (

Bankman-Fried earned the majority of his wealth through FTX, a crypto trading company valued at $32 billion.

He also owns a 90% stake in Alameda Research.

In May 2022, Bankman-Fried bought a 7.6% stake in Robinhood Markets (NASDAQ: HOOD), one of the largest stock & crypto brokers in the world, for $648 million.

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Life Lessons from Sam Bankman-Fried

Summary

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