The richest billionaire under 30 in the world has a net worth of $26.5 billion

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2021-10-30 19:33:29

According to the estimate of Forbes, Bankman-Fried currently owns a fortune of $ 26.5 billion, an increase of $ 4 billion compared to the ranking of 400 richest people in America – Forbes 400 in 2021 (the fortune of billionaires in Forbes 400 as of date 3/9).

Bankman-Fried is currently the richest person under the age of 30 in the world and the second richest person under the age of 30 in history. Previously, Mark Zuckerberg – Facebook co-founder and CEO – once owned a fortune of $ 28.5 billion at the age of 29. With the agreement on October 21, Bankman-Fried is closing the gap with the record that Zuckerberg achieved. 4 months before my 30th birthday.

Bankman-Fried is the second-richest billionaire under the age of 30 in history. Photo: Bloomberg

Success came to Bankman-Fried quite quickly. He founded FTX just 2.5 years ago and grew it into one of the world’s leading cryptocurrency exchanges.

Bankman-Fried was born into a family whose parents were professors at Stanford Law School. He himself graduated from the MIT Institute of Technology, majoring in physics, and wanted to pursue an academic career.

However, during his three years as a teller at Jane Street, a Wall Street financial institution, he developed models to analyze returns on individual donations. In 2017, Bankman-Fried decided to become a crypto trader at Alemeda Research after seeing an opportunity in this new market. By 2019, Bankman-Fried established FTX.

“At first I didn’t know anything about cryptocurrencies, didn’t even understand what blockchain was. However, when I got into it, I got into it pretty quickly,” Bankman-Fried recalls.

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