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The King of SPACs Wants You to Know He’s the Next Warren Buffett

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WATCH: Chamath Palihapitiya, Wall Street’s king of special-purpose acquisitions companies, or SPACs, explains why he hopes to create as much wealth as Warren Buffett.Source: Bloomberg)

Chamath Palihapitiya has already drafted the next chapter in his charmed-life story.

The immigrant kid who bootstrapped his way into riches at Facebook Inc., made billions as a risk-hungry investor and became the pied piper of the current blank-check craze now envisions himself as nothing less than the Warren Buffett of the Reddit era.