Meet The World’s Richest 29-Year-Old: How Sam Bankman-Fried Made A Record Fortune In The Crypto Frenzy www.forbes.com/sites/stevenehrlich/2021/10/06/the-richest-under-30-in-the-world-all-thanks-to-crypto/?sh=1c50ef2f3f4d&utm_source=FBPAGE&utm_medium=social&utm_content=5658583440&utm_campaign=sprinklrForbesMainFB @Forbes @SBF_FTX
Sam Bankman-Fried (age 29) is the youngest person on the Forbes 400 list of richest Americans, amassing a net worth of $22.5 billion. FTX, the crypto exchange he founded, literally didn't exist three years ago. Life can change fast 🤯 pic.twitter.com/rqqnbjPPWE
Read full article at CNBC
11 October, 2021 - 04:00am
FTX, founded by Sam Bankman-Fried, was the most valuable new unicorn at $18 billion, topping the list of freshly minted unicorns in the third quarter, according to data from research firm CB Insights, which recently released its quarterly report on the state of venture capital. Altogether, global venture funding hit $158.2 billion last quarter, surpassing the second quarter's $156.2 billion total, the research firm said.
Between July and September, 127 startups hit $1 billion or more in valuation. That total is just shy of the second quarter's record 140, according to CB Insights.