Business News
Sam Bankman-Fried loses 94% of his fortune
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Last year, Sam Bankman-Fried was the world’s richest 29-year-old, with a fortune that was estimated at $22.5 billion. The recent events made him lose about 94% of his wealth, as most of it was tied to FTX and its token.
Before the FTX crash, his fortune was about $15 billion, he supposedly only have $990 million to his name, according to Bloomberg.
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