FTX founder Sam Bankman-Fried has signed on. Give Pledge This is a pledge to give most of your wealth to charity, either for life or on purpose.
Bankman-Fried It has an estimated wealth of $21 billion according to estimates by Forbes This makes him one of the richest people born from the growth of the crypto market.
most of the wealth Bankman-Fried It comes from his shares in crypto exchange FTX, which closed its last $400 million funding round in January. and has a valuation of the company at $32 billion.
“Recently, I have been convinced that our duty is to do our best for the long-term benefit of the world.” Bankman-Fried written in his letter “In the end The work of friends and colleagues at foundations is what matters most.”
SAM has long been altruistic. In the past few years Bankman-Fried It has built a reputation especially for donating to political campaigns. This includes generating statistics.$12 million worthTo support candidate Carrick Flynn with the aim of self-interest.
until now FTX Foundation The charity of FTX has allocated $21.8 million in donations to the charity.
Give Pledge was founded in 2010 by Microsoft founder Bill Gates (MSFT) and ex-wife Melinda Gates, along with investor Warren Buffet, to encourage greater donations from the wealthy.
To date, there are 230 signers from 28 countries, including Meta founder Mark Zuckerberg (FB), Ben Delo BitMEX Co-Founder and Tesla CEO Elon Musk (TSLS)
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