scorecard4 hours of sleep a night in a bean bag chair: Inside the hectic life of crypto titan Sam Bankman-Fried, the world's youngest mega-billionaire
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4 hours of sleep a night in a bean bag chair: Inside the hectic life of crypto titan Sam Bankman-Fried, the world's youngest mega-billionaire

Kari McMahon,Vicky Ge Huang   

4 hours of sleep a night in a bean bag chair: Inside the hectic life of crypto titan Sam Bankman-Fried, the world's youngest mega-billionaire
CryptocurrencyCryptocurrency1 min read
  • FTX founder Sam Bankman-Fried became a billionaire and built a crypto empire extremely quickly.
  • He's achieved this at a time when crypto is facing its most intense regulatory scrutiny ever.

FTX founder Sam Bankman-Fried is the only other individual besides Facebook founder Mark Zuckerberg to have gotten so rich so quickly.

The 29-year-old's crypto-derivatives exchange went from relative obscurity three years ago to rank sixth in spot trading and second in derivatives trading in just two years, according to CoinGecko.

With a net worth of $26.5 billion according to Forbes, Bankman-Fried has rapidly built an empire in an industry that is also growing at breakneck speed. He's done it at a time when crypto is facing the most intense regulatory scrutiny it's ever seen. And so far, FTX has managed to stay out of trouble while rival exchanges have not.

Insider spoke with Bankman-Fried and several of his closest friends, colleagues, and investors for an in-depth profile of the crypto billionaire. They described, in detail, what it's like to work with him, the work ethic that made him so successful so quickly, and how he's been able to attract major investors while skirting regulatory scrutiny.

Subscribers can read Insider's full profile of Sam Bankman-Fried.

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