This article is about Caroline Ellison Net Worth and Caroline Ellison biography. Carolyn Ellison is a former American business executive.
Caroline Ellison served as the CEO of Alameda Research. The trading firm is led by Sam Bankman-Fried and specializes in quantitative strategies.
Introduction of Caroline Ellison – Early Life, Education, & Personal Life
Caroline Ellison had a controversial past. She was an American financial fraudster and former business executive. She held the role of CEO at Alameda Research.
The trading firm is associated with the cryptocurrency exchange FTX.
In November 2022, a Wall Street Journal cited a revealing that Alameda Research had a debt of $10 billion to FTX.FTX was alleged to have provided loans to the trading firm using customer funds.
Following the bankruptcy filings of FTX and Alameda, Ellison was removed from her position. In December 2022, she pleaded guilty to multiple charges.
The charges included wire fraud, conspiracy to commit wire fraud, securities fraud conspiracy, and money laundering conspiracy.
Caroline Ellison Early Life
Caroline Ellison was born in November 1994. Her parents, Glenn Ellison and Sara Fisher Ellison are both economists employed at MIT.
Growing up, she spent her childhood in the suburbs of Boston, Massachusetts. Caroline also has a sister named Anna.
Caroline Ellison Education
During her teenage years, Ellison attended Newton North High School. She proudly represented the US in the 2011 International Linguistics Olympiad.
Later, she enrolled at Stanford University and earned a bachelor’s degree in mathematics in 2016. Alongside her studies, Ellison participated in the prestigious Putnam Competition.
Personal Life: Caroline Ellison’s Boyfriend
Caroline Ellison’s boyfriend’s name was Sam Bankman-Fried. They were in a relationship. Caroline Ellison is single and not in a romantic relationship at the moment.
Caroline Ellison Career
After completing college, Ellison wasted no time and immediately entered the workforce. From June 2013 to July 2013, she worked as a counselor at MathPath.
Afterward, she held a research assistant position at Stanford University from August 2013 to August 2014.
In September 2016, Ellison started working as a trader at Jane Street. In July 2021, she joined Alameda Research.
Her decision was influenced by SBF, who had prior experience at Jane Street. Ellison expressed regret for leaving Jane Street too soon.
Initially, after completing her education at Stanford, Ellison joined Jane Street. She worked at Jane Street’s Berkeley office, which is a global proprietary trading business.
She started as a junior trader and eventually crossed paths with entrepreneur Sam Bankman-Fried.
Caroline Ellison Alameda Research
In March 2018, Caroline Ellison joined Alameda Research. The company was co-founded by Sam Bankman-Fried and Tara Mac Aulay.
She became co-CEO in October 2021 and later sole CEO. Ellison played a crucial role in the development of Bankman-Fried’s FTX.
Towards the end of 2022, allegations emerged that Alameda had a debt of $10 billion to FTX. The allegations claimed that customer funds were used in the process. Ellison admitted to the arrangement.
She acknowledged her knowledge alongside Bankman-Fried, Gary Wang, and Nishad Singh. Her comments during an interview on “El Momento” garnered widespread attention. The interview itself went viral.
Caroline Ellison Bio
Caroline Ellison Net Worth | Caroline Ellison Age, Parents and Bio
|Real Name/Full Name||Caroline Ellison|
|Caroline Ellison Birthday||November 19, 1994|
|Caroline Ellison Age||28 years old|
|Birth Place||Boston, Massachusetts, United States|
|Parents Name||Father – Glenn Ellison|
Mother – Sara Fisher Ellison
|Caroline Ellison Height||5 feet 8 inches|
|Caroline Ellison Weight||58 kg / 130 lbs|
|Caroline Ellison Zodiac||Virgo|
|Profession||American Trader, Ex-Alameda Research CEO|
|Caroline Ellison Net Worth||$15 million|
Caroline Ellison Linkedin, Twitter & Instagram Social Media Profiles
|Social Media Site||Linked Destination|
|Caroline Ellison Facebook||Click Here|
|Caroline Ellison Twitter||Click Here|
|Caroline Ellison Instagram||Click Here|
|Caroline Ellison Linkedin||She doesn’t have account|
Caroline Ellison Legal Proceedings
In December 2022, Caroline Ellison hired Stephanie Avakian from WilmerHale as her lead attorney.
On December 18, Caroline Ellison pleaded guilty to charges in the Southern District of New York. The individual faced charges of wire fraud, commodities fraud, securities fraud, and money laundering.
FTX co-founder Gary Wang also pleaded guilty on the same day.
During the unsealed plea hearing on December 23, Ellison admitted to conspiring with others to defraud FTX customers. He also confessed to misleading investors and lenders.
Additionally, he confessed to providing secret loans to FTX executives, including Sam Bankman-Fried.
Court documents revealed that Ellison received $6 million in payments and loans from Alameda Research. This amount was significantly less than her male counterparts.
Caroline Ellison Net Worth
Caroline Ellison net worth is estimated at approximately $15 million. She achieved this through her diverse investment ventures.
Her portfolio included stakes in numerous cryptocurrency companies. She was actively involved in the venture capital sector. Additionally, she engaged in various stock market activities.
Caroline Ellison House
Caroline Ellison’s current residence remains undisclosed as she collaborates with authorities in their investigation of FTX and Sam Bankman-Fried. She is likely taking measures to safeguard her privacy and security.
Previously, Ellison lived in a luxurious penthouse in the Bahamas alongside Sam Bankman-Fried and other FTX executives, valued at $30 million and renowned for extravagant parties.
Following the FTX and Alameda collapse, Ellison was reportedly removed from the penthouse. Her current location is unknown, but it’s probable she now resides in a more modest and discreet setting.
Considering her involvement in a high-profile criminal case, Ellison is likely prioritizing the protection of herself and her family, including relocating and keeping her whereabouts confidential.
Caroline Ellison Recognition and Awards
Caroline Ellison has achieved notable success and earned multiple awards in her career.
Her inclusion in Forbes 30 Under 30 – North America – Finance in 2022 serves as a notable recognition, showcasing her achievements. The specific details of her accomplishments, however, remain undisclosed.
Caroline Ellison Assets
Caroline Ellison Houses
Caroline Ellison leads a luxurious life, thanks to her considerable wealth. She possesses multiple properties. These include luxurious mansions and vacation homes located in desirable locations.
Caroline Ellison Cars
In addition, she takes pleasure in owning a collection of luxury cars. She also indulges in extravagant experiences that serve as a testament to her accomplishments.
Caroline Ellison Diary
Caroline Ellison’s personal journal, chronicling her time as CEO of Alameda Research and the events leading to FTX and Alameda’s collapse, has attracted significant media attention. It reveals her struggles with job-related stress, self-doubt, and her complex relationship with Sam Bankman-Fried, FTX’s co-founder.
These diary entries are now key evidence in Sam Bankman-Fried’s criminal trial, as they suggest awareness of fraudulent activities and a potential cover-up. However, the diary has also been at the center of controversy, with Bankman-Fried denying involvement in its leak to the media.
In essence, Ellison’s journal offers a gripping glimpse into a major financial scandal, highlighting the pitfalls of power and the necessity of accountability.
FAQ – Caroline Ellison Net Worth
What is Caroline Ellison’s net worth?
Caroline Ellison’s net worth is estimated to be $15 Million.
Where was Caroline Ellison born?
Caroline Ellison was born on November 1994, in Boston, Massachusetts, United States.
What is the nationality of Caroline Ellison?
Caroline Ellison’s nationality is American.
Where is Caroline Ellison Now?
Caroline Ellison’s exact location is unknown, but she is believed to be living in the New York City area while cooperating with authorities in their investigation of FTX and Sam Bankman-Fried.