Sam-Bankman is a very well-known American entrepreneur and investor. He is the founder and former CEO of Alameda Research, a quantitative cryptocurrency trading company, and FTX, a cryptocurrency exchange with a U.S. affiliate. Earlier he played college football at Michigan and was drafted by the saints in the first round of the 2020 NFL Draft. Let’s check out Sam Bankman-Fried Wiki, Age, Height, Education, Career, Family, Girlfriend, Biography & More.
Sam Bankman-Fried Wiki/Bio:
Real Name: | Samuel Bankman-Fried |
Nick Name: | Sam Bankman |
Date of Birth: | 06 March 1992 |
Birthplace: | Standford, California |
Zodiac Sign: | Pisces |
Nationality: | American |
Profession: | Entrepreneur, Investor |
Marital Status: | Unmarried |
Sam Bankman-Fried Age, Height, Weight:
Age: | 30 Years (As of 2022) |
Height: | 5Ft 9in |
Weight: | 77 Kg |
Sam Bankman-Fried Education:
He did his Bachelor of Science degree in Physics from the Massachusetts Institute of Technology in 2014.
Sam Bankman-Fried Career:
Bankman-Fried started trading international ETFs in the summer of 2013 at Jane Street Capital, a proprietary trading company. He began as an intern but after graduating went back to full-time.
After leaving Jane Street in September 2017, Bankman-Fried relocated to Berkeley where, from October to November of that year, he served as director of development for the Centre for Effective Altruism. He established Alameda Research, a quantitative trading company, in November 2017.
Bankman-Fried owned around 90% of Alameda Research as of 2021. In order to benefit from the greater price of bitcoin in Japan compared to America, Bankman-Fried planned an arbitrage trade in January 2018 that moved up to $25M each day.
He relocated to Hong Kong after going to a cryptocurrency conference in Macau in late 2018. In April 2019, he founded the cryptocurrency derivatives exchange FTX, and the following month it was live.
Bankman-Fried and other business leaders gave testimony to the Committee on Financial Services on December 8, 2021, regarding the need for regulation of the cryptocurrency sector.
It was disclosed on May 12, 2022, that Bankman-majority-owned Fried’s company Emergent Fidelity Technologies Ltd. had acquired 7.6% of the shares of Robinhood Markets Inc.
It was disclosed in September 2022 that Bankman-Fried had offered Elon Musk billions of dollars to finance the acquisition of Twitter. Investment banker Michael Grimes reportedly stated that Bankman-Fried would be willing to contribute up to $5 billion on April 25, 2022, according to texts made public as part of the litigation between Twitter and Musk during the latter’s planned acquisition of Twitter.
More than $500 million was invested in venture capital businesses by Bankman-Fried, including $200 million in Sequoia Capital. Sequoia issued a positive profile of Bankman-Fried, which it later took down following the FTX financial crisis.
According to the 9 November Bloomberg story, FTX’s connections to Bankman-other Fried’s interests are the subject of an investigation by the Securities and Exchange Commission and Commodity Futures Trading Commission.
The Bloomberg Billionaires Index determined that Bankman-Fried has no substantial wealth as of November 11, 2022. Bankman-Fried was a significant supporter of the Democratic Party and various left-leaning political causes before his wealth began to decline in November 2022.
Sam Bankman-Fried Family:
Father: | Joseph Bankman |
Mother: | Barbara Fried |
Sam Bankman-Fried Girlfriend:
Don’t have Info |