The Story of a Young Billionaire Just to Forgive

Imagine a billionaire whose sole purpose to get rich is to donate all his money to charity. In this article, we told FTX CEO Sam Bankman-Fried’s story of getting rich and the charities he donated to.

Almost all of us dream when we were kids. to be rich But everyone’s reason for wanting to be rich is different. Some of us want to ride the latest model sports cars, some of us live in the most luxurious villas, some of us travel the world.

Some of us really manage to become millionaires or even billionaires. Indeed, they travel in sports cars and live in luxury villas. Some even rockets into space send in the future Live in there He even says what he wants.

However, the billionaire we will talk about today has a very different cause and mission than the others. He is still just 29 years old and CEO of FTX, the cryptocurrency trading platform known to almost the whole world.

Since childhood, his only dream is to be rich and solve problems in the world.

Sam Bankman-Fried This young man named, like every human being, has dreamed of being very, very rich since his childhood. The reason is a little different from the traditional ones. He is very rich and wants to get rich to donate to charities.

The method of getting rich was very simple.

arbitrage

Wanting to achieve his goal of getting rich, Sam Bankman-Fried realized something after graduating from MIT in 2017. on the US stock market sale for $10,000 Bitcoin made in Japan It was selling for $11,000 on the stock market. received from the USA Bitcoins worth $10 million Sam who cashed in Japan (for this transaction arbitrage is trying), by doing this every day earned $1 million a day.

Sounds so simple doesn’t it? Thanks to this simple idea, Sam, 20 million dollars in 1 month made a profit, which wasn’t even the beginning. He didn’t settle for that and became a full-time cryptocurrency trader. In 2017, he founded the cryptocurrency exchange FTX, which is now known to almost everyone. Just 2 years after its founding, FTX is fully worth $40 billion became a company.

Sam’s statements about the institutions he has donated to and why he donated to these institutions are truly eye-opening with happiness.

global warming kovic tropical disease animal rights

Last year, the 29-year-old billionaire donated to charities in total. $50 million donation made. This year he donate 500 million dollars aims. In the next 10 years, Sam’s plan is fully complete. More than $10 billion in donations make.

‘There is so much you can do for the good of the world and you can make yourself a lot happier.’

  • Funds platforms to combat global warming: ‘This is the biggest problem we have to overcome as the world’
  • Funds organizations providing equipment to prepare for Covid-19: ‘We must be prepared for the next pandemic’
  • Funds scientific work fighting neglected tropical diseases: ‘More than 1 billion people are struggling with these diseases, we must eradicate these diseases’
  • Funds animal rights and conservation associations: ‘Animals have as much right to live as we do, that’s why I’m vegan’

Sam doesn’t even have a ‘super sports car’

toyota corolla hybrid

It’s not hard to understand that Sam’s goal is really just to donate to all charities. He doesn’t even own a sports car, Hybrid model of Toyota Corolla uses. He doesn’t have a Rolex, he uses Apple Watch as he is a business person. What we can call his richest job is that Sam currently lives in the Bahamas with 10 roommates. However, he also manages his company and the stock market from here.

Why luxury equipment and super sports cars When asked if he has ‘I don’t feel needed’ says. Thanks to this attitude, Sam could even become a trillionaire in the next 20 years. Even if that did happen, Sam would still hope his sole purpose was Solving problems in the world says it will.

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Of course, what a man will do, what his goals are never cannot be known as 100%. However, it is a wonderful thing to have someone who, as a humanity, says that his goal is to help the world, and that starts from the moment he gets rich. We hope the number of such people in the world multiplies and their forerunner becomes Sam.


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