Five years ago Sam Bankman-Fried hadn’t bought his first bitcoin, but today, he’s one of the youngest billionaires in the world thanks to the cryptocurrency, and one of the most powerful people in the young but fast-growing crypto industry.
Bankman-Fried, who has been touted by some as the next Warren Buffett, still drives his Toyota Corolla, and he tells CNBC that he plans to give 99% of his fortune away to charity. CNBC’s Kate Rooney travels to FTX headquarters in the Bahamas for an in-depth interview with the man some call “Crypto’s White Knight.”
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How I Became A Crypto Billionaire In 5 Years
29 Comments
I just unsubscribed because of this video.
Can you believe at HAMI, marketing, creating and listing of tokens are made simple with the latest Web3 support.
Wow look at all these bots, YouTube should do something about this besides getting paid to host bots
The guys the real deal it's just that this video has so many spam bots on the comments it feels like a scam
always be a aware of rich people talking about ‚philantrophy‘ , ‚altruism‘, ‚making the world better‘, ‚maximizing public welfare‘ …
they often hide behide such terms to improve their image and promote their own ideas in poor countries (f.e. soros who evaded taxes, speculated against whole countries, caused financial crisis, tried to overthrow hungarian government by indoctrination in private universities …)
The FED is hyping a 1.0 basis point hike so they can actually do .75 and it won't look so bad !!!! TOTAL CON ! Just like the CPI which EVERYONE knows is completely fake !
Bruh.
I really do like FTX! I connect it with my Ledger and makes my trading easier!
Well bad news for you guys cash is still King there's nothing that can replace cash nothing this is Richard this guy is he still uses cash money which proves my point
.
Interesting individual!
how? become a hacker and hook up with cnbc's business reporters or journalists
and cnbc taking some cut is called charity?
Don't believe this nonsense! This is an elite kid! You will never become a billionaire unless you sell your soul! The highest a person can achieve independently is to become a millionaire.
What charities does this person actually donate to? Most billionaires "donate" to republican superpaks dedicated to making sure they don't pay taxes & tell you it's a charity because they 'gave away $'…
Bankman-Fried was born into a Jewish family and is a vegan.[12][15] He lives in the Bahamas.[12]
Source: Wikipedia
Still so much crypto pumping. I guess it goes on many years since click selling is very much a thing on the internet.
Melissa Voigt
If I had had 500000 eur to invest in ETH when I did… I would have 10 million now, too. If I had sold at its all time high.
The best thing about this story was Kate Rooney. Looking good and keep up the great reporting. Still think crypto is a scam!!!!
Ccrypto is off helping to regulate<, rather than pretend it won't ever happen.. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 11` btc from day-trade with Thomas Frederick Crypto in few weeks..
Charts appear to say >>22.1k< bottom i could see that, but not with the macro situation though. I don’t even think talking bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was booming & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, don’t make sense to me. Institutions & whales need retail to sell so theres enough supply to meet their demand & they ain’t buying yet!! The thing is retail ain’t got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really don’t think we’ve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 7.5` btc from trading with James Wilson in few weeks this is one of the best medium to backup your assets incase it goes bearish. <<<<<Reach her VlA Te le gr am > (Jameswilson21)
Lol good job cheerleading fake money and trolling white people. Definitely not racist.
How come mark Zuckerbergs meta and this guy get free publicity? Is it because they are Jewish??
My man’s woke up and didn’t care what he put on or how his has would look. Literally keeping his eyes on the prize.
Also it feels good to understand what he is saying since passing my series licenses. Makes a lot of sense now. Finance is a true language.
Answer: luck
Literally all the comments are promoting some crypto scam lmao
missleading title
I like how he says when a pathogen is released instead of it just it naturally happening at the end of the video
Hello