Sam Bankman-Fried had a net worth of US$26 billion at his peak in March 2022, before the downfall of his crypto empire. Photo: Bloomberg, Reuters
Sam Bankman-Fried had a net worth of US$26 billion at his peak in March 2022, before the downfall of his crypto empire. Photo: Bloomberg, Reuters

Riches to rags: how did Sam Bankman-Fried spend his fortune? From Bahamas properties and sponsoring sports teams, to political donations, here’s how the former crypto billionaire splashed his cash

  • Sam Bankman-Fried, aka SBF, is the former CEO of infamous cryptocurrency exchange FTX before it filed for bankruptcy on November 11 – causing his net worth to drop to zero
  • The 30-year-old entrepreneur was a staunch believer in the effective altruism movement and made huge donations to the Democrats as well as investments in media companies and properties in the Bahamas

Sam Bankman-Fried had a net worth of US$26 billion at his peak in March 2022, before the downfall of his crypto empire. Photo: Bloomberg, Reuters
Sam Bankman-Fried had a net worth of US$26 billion at his peak in March 2022, before the downfall of his crypto empire. Photo: Bloomberg, Reuters
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