• Home
  • Newsletter
  • Upcoming Events
  • Past Events
  • Webcasts
  • About
  • Contact
Securities Docket
  • Class Actions
  • Criminal
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2022 / November / 11 / Sam Bankman-Fried’s Net Worth Goes From $16 Billion to Zero After FTX Collapse – Bloomberg

Sam Bankman-Fried’s Net Worth Goes From $16 Billion to Zero After FTX Collapse – Bloomberg

By Securities Docket on November 11, 2022, 9:36 am

The entire $16 billion fortune of FTX co-founder Sam Bankman-Fried has now been wiped out, one of history’s greatest-ever destructions of wealth.

The downfall of his crypto exchange and its trading house, Alameda Research, means assets owned by the mogul once likened to John Pierpont Morgan have become worthless. At the peak, the 30-year-old was worth $26 billion, and he was still worth almost $16 billion at the start of the week.

Source: Sam Bankman-Fried’s Net Worth Goes From $16 Billion to Zero After FTX Collapse – Bloomberg

Posted in Industry, Top | Tagged Sam Bankman-Fried

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC