What Is Caroline Ellison’s Net Worth?
|Net Worth||$16 Million|
|Born||September 20, 1994|
|Age||28 years old|
|Source of Wealth||Business Executive, Crypto Trader|
Caroline Ellison is a former business executive and quantitative trader from the United States. Her net worth is assessed to be $16 Million in 2023.
She was previously the CEO of Alameda Research, a trading firm affiliated with the cryptocurrency exchange FTX.
Ellison entered a plea of guilty to two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to commit money laundering in December 2022.
In November 2022, Alameda Research owed FTX $10 billion, according to an anonymous source cited by the Wall Street Journal.
The source claims that FTX borrowed the trading company’s money using FTX client funds. After FTX and Alameda declared bankruptcy, Ellison’s position was dismissed.
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Let’s explore some additional fascinating facts about Caroline Ellison now that we are aware of her net worth.
Caroline Ellison Biography/ Wikipedia/ Wiki
|Real Name||Caroline Ellison|
|Also Known As||Caroline Ellison|
|Birth Date||September 20, 1994|
|Age||28 years old|
|Education/ College||Stanford University|
|Height||5 ft 5 in (1.67 m)|
|Net Worth||$16 Million|
|Profession||Former Business Executive, Crypto Trader|
How Was Caroline Ellison’s Early Life And Education?
Caroline Ellison was born in Boston on September 20, 1994, and grew up in Cambridge and Newton.
She is the eldest daughter of Glenn Ellison and Sara Fisher Ellison, both MIT economics professors.
Ellison and her younger sister Anna competed on the math team coached by their father at Bigelow Middle School. Ellison won first place in the American Mathematics Competitions in 2008.
She competed for the United States in the 2011 International Linguistics Olympiad as a Newton North High School student and was recognized with an honorable mention and a prize for “best solution”
She graduated in 2012 with a Ron Barndt Award and a National Merit Scholarship from the math department.
Ellison earned a bachelor’s degree with a major in mathematics from Stanford University in 2016.
She ranked among the top 500 students in the Putnam Competitions in 2013, 2014, and 2015.
Ellison joined Stanford’s effective altruism club as a freshman and served as its vice president.
How Did Caroline Ellison Start Her Career?
Ellison joined the trading firm Jane Street in September 2016 as an equities trader in a cohort mentored by Sam Bankman-Fried.
In March 2018, Ellison joined Alameda Research, a crypto hedge fund co-founded a few months before by Bankman-Fried and his colleague Tara Mac Aulay.
In October 2021, she was appointed Co-CEO alongside Sam Trabucco. After Trabucco stepped down, she became the sole CEO of Alameda Research in August 2022.
On November 6, 2022, CoinDesk raised concerns about Alameda Research’s balance sheet and its relationship with FTX.
According to anonymous sources cited by the Wall Street Journal and The New York Times, Ellison admitted at the time that FTX had used customer funds to assist Alameda in meeting its obligations.
Along with the fact that she, Bankman-Fried, and two other FTX executives, Nishad Singh, and Gary Wang, were all aware of the situation.
Ellison was fired after FTX, Alameda Research, and other affiliated companies declared bankruptcy.
Ellison, Bankman-Fried, and other FTX executives pleaded guilty in December 2022 to charges of conspiring to steal their customers’ money, make political donations, and buy expensive real estate, with a maximum sentence of 110 years in prison.
Caroline Ellison’s Personal Life
Former FTX and Alameda workers claim that Ellison was dating FTX CEO Sam Bankman-Fried.
How Does Caroline Ellison Make Her Money?
Her primary revenue sources from which she has earned $16 Million are as follows:
- Earning as a Former Business executive
- Earning as an Investor
Caroline Ellison Social Media Profiles
Major Career Highlights
- Forbes named her to the Forbes 30 Under 30 North America – Finance list in 2022.
Success Lessons Caroline Ellison
- Every action has a corresponding and opposing reaction.
- There is always someone smarter than you.
Caroline Ellison is an American former business executive and quantitative trader. She previously served as the CEO of Alameda Research, a trading firm associated with the cryptocurrency exchange FTX.
I hope that reading about his experience has motivated you to start pursuing your aims.
As per recent updates, the net worth of Caroline Ellison is $16 Million…!
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Frequently Asked Questions
Here are some of Caroline Ellison‘s frequently asked questions, including his age, height, weight, boyfriend, biography, and other details…
Who is Caroline Ellison?
Caroline Ellison was the CEO of Alameda Research, a math genius who played a role in the crypto exchange’s collapse.
What did Caroline Ellison do?
Caroline Ellison pleaded guilty to fraud charges in December 2022 after it was discovered that Bankman-crypto Fried’s trading firm, Alameda Research, borrowed money from customer accounts to fund a series of riskier investments.
What is Caroline Ellison’s net worth?
The net worth of Caroline Ellison is projected to be more than $16 Million.
What is Caroline Ellison’s age?
Caroline Ellison was born on 20 September 1994 and is 28 years old.
What is Caroline Ellison’s height?
Caroline Ellison is 5 ft 5 in (1.67 m) tall.
What is Caroline Ellison’s relationship status?
According to sources, Ellison had a romantic relationship with former FTX CEO Sam Bankman-Fried.
Where is Caroline Ellison from?
Caroline Ellison is from the United States.
How much Bitcoin or cryptocurrency does Caroline Ellison own?
Caroline Ellison owns a substantial amount of cryptocurrency and bitcoin, but the exact amount is unspecified.
(PS: This is not Caroline Ellison‘s precise net worth.)