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Fortune
Fortune
Leo Schwartz

Sam Bankman-Fried pushed for $30 million Bahamas penthouse despite concern from FTX colleagues it would be ‘ostentatious’

Nishad Singh (Credit: Yuki Iwamura—Getty Images)

Despite Sam Bankman-Fried's public commitment to charitable giving and the philanthropic movement of effective altruism, the FTX founder also had a taste for the finer things in life, from private jets to luxury apartments.

On Monday, former FTX engineering chief Nishad Singh testified that Bankman-Fried had personally pushed for the now infamous $30 million penthouse in the Bahamas that housed members of his inner circle—fellow effective altruists.

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