Sam Bankman-Fried No Longer a Billionaire After $14.6B Overnight Wipe-out
GeologySol.hft .lens (πŸ’™,🧑)
Nov 9
The FTX CEO lost an estimated $14.6 billion dollars – nearly 94% of his total wealth – according to the Bloomberg Billionaire Index. FTX CEO Sam Bankman-Fried has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day. Binance CEO Changpeng β€œCZ” Zhao announced on Tuesday that he had inked a provisional agreement to acquire FTX after concerns mounted about the Bahamas-based exchange’s apparent insolvency, leadin...
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