Caroline Ellison is a corporate professional with a net worth of $5 million. Caroline Ellison’s income and fame stem from her prior employment as CEO of bitcoin trading firm Alameda Research. Sam Bankman-Fried, a disgraced entrepreneur, cofounded Alameda.
Caroline was fired in late 2022 after Alameda and over 100 other crypto-affiliated companies, most notably Bankman-Fried’s crypto exchange FTX, declared Chapter 11 bankruptcy as a result of a major financial scandal. The scandal reduced FTX, which had once been valued at more than $30 billion, to zero. It has been alleged that FTX transferred $10 billion worth of client funds to Alameda to repair a massive trading loss.
Who is Caroline Ellison?
Caroline Ellison was born in November 1994 to Glenn and Sara, both economists at MIT. She grew up in the suburbs of Boston, Massachusetts. Ellison attended Newton North High School and represented the United States at the 2011 International Linguistics Olympiad. She later attended Stanford University, where she earned a bachelor’s degree in mathematics in 2016. Ellison took part in the yearly Putnam Competition throughout his collegi ate years.
How old is Caroline Ellison?
She is currently 30 years old.
What is Caroline Ellison’s net worth?
He is estimated to be worth $5 Million.
What is Caroline Ellison’s career?
After graduating from Stanford, Ellison worked for Jane Street, a multinational proprietary trading corporation headquartered in Berkeley, California. After working as a junior trader there for roughly a year and a half, she met entrepreneur Sam Bankman-Fried.
Ellison joined the cryptocurrency trading firm Alameda Research in March 2018, which had been co-founded the year before by Sam Bankman-Fried and Tara Mac Aulay. Ellison and Sam Trabucco became co-CEOs of the company in October 2021. After Trabucco stepped down in the summer of 2022, Ellison became Alameda’s only CEO. She was also instrumental in helping Bankman-Fried establish his bitcoin exchange and hedge fund, FTX.
In March 2018, Ellison joined Alameda Research, a cryptocurrency trading firm created the previous year by Sam Bankman-Fried and Tara Mac Aulay. Ellison and Sam Trabucco were appointed co-CEOs of the firm in October 2021. After Trabucco resigned in the summer of 2022, Ellison became Alameda’s only CEO. She also played a key role in establishing Bankman-Fried’s bitcoin exchange and hedge fund, FTX.
Ellison and Bankman-Fried adhered to the notion of “effective altruism,” which holds that you should make as much money as possible in order to give the most money to charity.
Caroline and her Alameda co-CEO, Sam Trabucco, were selected to Forbes’ “30 Under 30” list. At the time, she was 27 and he was 29. According to Forbes, Alameda was earning $3-4 million each day before investing the proceeds in blockchain platforms such as Uniswap and Compound.
Source: thpttranhungdao.edu.vn/en/
Categories: News
Source: thpttranhungdao.edu.vn/en/
