Sun Yuchen: The Rise from a Peking University Student to a Cryptocurrency Tycoon

Sun Yuchen, born in 1990 in a family in Qinghai Province, moved to Huizhou, Guangdong with his parents at the age of four. At 17, he gained admission to Peking University with lowered scores by winning first prize at the 9th New Concept Essay Contest. After graduating with excellent grades from the History Department of Peking University, he received admission offers from five universities in the United States. During his graduate studies in the U.S., he started investing in Bitcoin and quickly accumulated wealth.

In 2015, the company founded by Sun Yuchen, Ruituo, received tens of millions of dollars in investment and he entered Lakewood University for study, claiming to be the first disciple of Jack Ma. He launched TRON and cashed out hundreds of millions of dollars at a high price, leading to a 90% drop in TRON's price, causing significant losses for many investors.

Additionally, Sun Yuchen won a charity lunch with Buffett for $4.56 million, but failed to attend due to kidney stones despite widespread publicity. He also spent $78 million on the artwork 'Nose,' $120 million on Picasso's famous painting 'Nude Woman with Necklace,' and $10.5 million on an NFT avatar. Moreover, he invested $28 million to bid for a seat on a space flight but did not travel with Amazon founder Bezos, and he purchased a rotten banana for $6.24 million.

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