Justin Sun: The Rise from Peking University Student to Cryptocurrency Giant

Justin Sun was born in 1990 in a family in Qinghai Province. He moved to Huizhou, Guangdong with his parents when he was four years old. At the age of 17, he won the first prize in the 9th New Concept Composition Competition and won the opportunity to be admitted to Peking University with a reduced score. After graduating from the History Department of Peking University with excellent grades, he received admission notices from five American universities at the same time. He began to invest in Bitcoin during his graduate studies in the United States and quickly accumulated wealth.

In 2015, Sun Yuchen founded the company Ruibo, which received tens of millions of US dollars in investment, and entered Lakeside University to study. He called himself the first disciple of Jack Ma. He launched Tron and cashed out hundreds of millions of US dollars at a high price, causing the price of Tron to plummet by 90%, and many investors suffered heavy losses.

In addition, Sun Yuchen won the Buffett charity lunch for $4.56 million, but despite extensive publicity, he was unable to attend due to kidney stones. He also spent $78 million on the artwork "The Nose", $120 million on Picasso's famous painting "Reclining Nude with Necklace", and $10.5 million on an NFT avatar. In addition, he also invested $28 million in bidding for a spaceship seat, but did not go with Amazon founder Bezos, and bought a rotten banana for $6.24 million.

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