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Financial Times
Financial Times
Business
Antoine Gara and Madison Darbyshire in New York

How a 20-year-old student made $110mn riding the meme stock wave

© FT Montage: Bloomberg

At the age of 18, Jake Freeman ran for US president, collecting signatures, forming a campaign committee and registering his bid with the Federal Election Commission.

“He wanted to be the youngest on the ballot,” said Eray Sabuncu, a friend who attended the same suburban New Jersey high school and signed the 2020 election filing in the capacity of treasurer. “I didn’t know then that he was going to be famous.”

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