Thursday 25th April 2024

    The King of SPACs Wants You to Know He's the Next Warren Buffett


    Chamath Palihapitiya has already drafted the next chapter in his charmed-life story.

    The immigrant kid who bootstrapped his way into riches at Facebook Inc., made billions as a risk-hungry investor and became the pied piper of the current blank-check craze now envisions himself as nothing less than the Warren Buffett of the Reddit era.

    "Nobody's going to listen to Buffett," Palihapitiya, the founder of Social Capital, said in a Bloomberg "Front Row" interview. "But there has to be other folks that take that mantle, take the baton and do it as well to this younger generation in the language they understand."

    The language, of course, is social media. That's where the 44-year-old billionaire talks up his deals, trolls the establishment and hypes "all things Chamath." Recently, he stoked speculation he might run for governor of California. Occasionally, he tweets out shirtless selfies to his 1.3 million followers. His feed is a digital stream of consciousness.

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