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Forbes: If SBF does not go to prison, his venture capital investments could increase his wealth by $100 billion
ME News message: On May 5 (UTC+8), if FTX founder Sam Bankman-Fried (SBF)’s early venture capital portfolio had not been interrupted by his imprisonment, it could theoretically have brought him additional wealth of up to $100 billion. The report said that SBF had invested in multiple high-growth technology and AI companies, including Anthropic, SpaceX, Robinhood, and others. It added that some of the projects’ current valuations have risen significantly, showing that he had a strong ability to make forward-looking plans and lay out strategies in the AI and technology sectors. SBF is currently serving a 25-year prison sentence for misappropriating more than $8 billion in customer funds. At his peak, his personal wealth reached about $24 billion, and he made it onto the Forbes 400 list. BlockBeats previously published a report titled, “From Bankruptcy Black Hole to Hundred-Billion Phantom: SBF ‘Missed’ Investment Portfolio Allegedly Has Surged to the $100 Billion Level.” (Source: BlockBeats)