Next time forbes put out an estimate of his wealth
Close date updated to 2023-12-31 11:59 pm
From the Wayback Machine, Forbes' estimate was updated to $0.004Bn on January 30th https://web.archive.org/web/20230131024226/https://www.forbes.com/profile/sam-bankman-fried/, so this should resolve NO
Bloomberg allegedly has a new estimate of $991m https://twitter.com/tier10k/status/1590101011330629632?s=20&t=bkqfgPYZOWgI5IkrXrlZvg
@GeorgeVii Wow!!! That’s really sad. I hope someone steps in and helps him out so he doesn’t get rake Binance.
Currently Forbes' estimate is $16.6 Bn for scale https://www.forbes.com/profile/sam-bankman-fried/ though liable to drop, that's what this question is about
I don’t see any reason why SBF might not come out of this in a better financial position personally. Getting 30 percent of Binance will be worth more than if he owned 100 percent of FTX after the deal. Also, I bet someone like Ken Griffin might entertain taking some assets to help SBF get leverage to negotiate a good deal. What was his most recent net worth?
@BTE He's not going to get 30% of Binance. Even if Binance buys FTX (currently looking unlikely), they're going to pay ~$0 for it.