Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant
Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, bought the near-bankrupt company from Warren Buffett. He’s now worth $1.2 billion.
Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, bought the near-bankrupt company from Warren Buffett. He’s now worth $1.2 billion.
BELLINGS Intelligence Score: 12
Why it matters
This is an interesting business success story about a notable entrepreneur's turnaround of a company, but it does not represent a significant market, regulatory, or monetary event affecting credit markets or financing conditions.
Sources
Fortune
Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $85 billion giant
Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange, bought the near-bankrupt company from Warren Buffett. He’s now worth $1.2 billion.