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Sam Bankman-Fried, founder of crypto exchange FTX, in the Bahamas 

Sam Bankman-Fried, founder of crypto exchange FTX, in the Bahamas 

 Photographer: Melissa Alcena for Bloomberg Markets

Markets
The Big Take

A 30-Year-Old Crypto Billionaire Wants to Give His Fortune Away

Sam Bankman-Fried drives a Corolla, sleeps on a beanbag, and has a Robin Hood-like philosophy.

From

The Economic Club of New York has hosted kings, prime ministers, and presidents, as well as Amazon.com Inc.’s Jeff Bezos and JPMorgan Chase & Co.’s Jamie Dimon. Central bankers’ comments at the 115-year-old organization have moved markets. Sam Bankman-Fried, a 30-year-old cryptocurrency billionaire, is probably the first person to play a computer game while giving a talk.

As the featured guest one morning in February, Bankman-Fried looks schlubby as usual, reclining on a gaming chair in blue shorts and a gray T-shirt advertising his cryptocurrency exchange, FTX, his mop of curly hair flattened by his headphones. He’s speaking by Zoom from his office in the Bahamas.