Caroline Ellison Net Worth: Why is Caroline Ellison all Over the News?
Caroline Ellison Net Worth: Caroline Ellison, who has a net worth of $220 million, was a lead trader before becoming CEO of Alameda Research. Caroline worked on the equity desk at Jane Street before joining Alameda in 2018. Ellison has gained attention as a result of the recent crypto market crash. The Alameda Research and FTX exchanges are linked, according to the leaked balance sheet.
Caroline Ellison Early Life
Caroline Ellison was born in the United States in 1994. Little is known about her upbringing and early life. Glen Ellison is her father, and he is the Gregory K. Palm Professor of Economics at MIT. Both of her parents are well-known academics. Caroline received her high school diploma from Newton North High School. She then went on to Stanford University, where she earned a Bachelor of Science degree in 2016.
Ellison began working as a MathPath counsellor in June 2013. Until July 2013, she worked as a counsellor for two months. In June 2014, she began working as a research assistant at Stanford University. She was employed at the University until August 2014. She then began working as a trader on Jane Street. She began working for the company in September 2016. She worked at Jane Street for over a year before leaving in March 2018.
In March 2018, she began working as a trader for Alameda Research. She worked as a trader in Alameda for over three years. In July 2021, she was appointed as Alameda’s Chief Executive Officer (CEO). Sam Bankman-Fried persuaded Ellison to join Alameda.
She felt bad about leaving Jane Street because she had only been there for a short time. Nonetheless, the feeling vanished as soon as she arrived in Alameda. She discovered after joining Alameda that she had more trading experience than many of the traders in Alameda.
Caroline Ellison Net Worth
Caroline Ellison’s net worth is estimated to be around $220 million in 2022. Prior to the recent crypto market crash, Ellison was worth a million dollars. The majority of her cryptocurrency holdings were held on FTX exchanges. Following the crypto exchange crash, her fortune began to decline, making it difficult to predict her exact wealth.
|Net Worth:||$20 Million|
|Date of Birth:||September 20, 1994|
Caroline Ellison Career
Ellison began her career shortly after graduating from college. She began her career at MathPath as a counselor for two months, from June to July 2013. After that, Ellison worked as a research assistant at Stanford University for three months, until August 2014.
She also joined Jane Street in September 2016 and worked as a trader there for nearly two years, beginning in March 2018. Caroline has been working as the CEO of Alameda Research since July 2021. SBF, who had previously worked for Jane Street, persuaded her to join Alameda. Ellison said she felt bad about leaving Jane Street after only a few months.
Caroline Ellison Personal Life
Ellison was rumored to be dating the CEO of the FTX exchange, Sam Bankman-Fried (SBF). Both of them worked as traders on Jane Street. In November 2017, SBF was appointed CEO of Alameda Research. Caroline and Sam became close friends at work and were rumored to be dating.
Why is Caroline Ellison all over the news?
Ellison made headlines following the recent crypto market crash. According to the leaked balance sheet, the Alameda Research and FTX exchanges are linked. As a result, many people began to point the finger at Alameda CEO Caroline Ellison, whose firm was instrumental in the company’s demise.
Sam Bankman-Fried (SBF), the CEO of the FTX exchanges, has already declared bankruptcy and lost 94% of his net worth. SBF had a net worth of more than $14 million before its exchanges crashed.