A 30-year-old crypto billionaire wants to give his fortune away
'You pretty quickly run out of really effective ways to make yourself happier by spending money.'
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'You pretty quickly run out of really effective ways to make yourself happier by spending money.'
'You pretty quickly run out of really effective ways to make yourself happier by spending money.'
The Economic Club of New York has hosted kings, prime ministers, and presidents, as well as Amazon.com Inc.s Jeff Bezos and JPMorgan Chase & Co.s Jamie Dimon.
Five years ago, Sam Bankman-Fried was working for a charitable organisation that promoted the then-fringe idea of “effective altruism”: using scientific reasoning to figure out how to do the most good for the most people. Then he spotted a seemingly too-good-to-be-true pricing anomaly in Bitcoin and decided that, for him, the right path would be making tons of money to give away.
Sam Bankman-Fried’s road to becoming a billionaire started when he spotted a seemingly too-good-to-be-true pricing anomaly in Bitcoin. But he isn’t planning on holding onto his fortune.