Get to know Glenn and Sara Fisher Ellison, parents of former Alameda CEO Caroline Ellison.
Caroline Ellison, the ex-girlfriend of disgraced FTX cryptocurrency billionaire Sam Bankman-Fried, faced up to 110 years in prison before agreeing to assist the federal government, according to her plea agreement. In a deal signed Monday, the 28-year-old former Alameda hedge fund executive admitted to federal fraud charges.
Discover details about Glenn and Sara’s age, job, and current residence. We’ll cover it all here, so stay tuned as this article continues.
Who are Caroline Ellison’s parents?
The daughter of renowned Massachusetts Institute of Technology economist Glenn Ellison, Caroline Ellison has pleaded guilty to fraud charges related to her involvement in the FTX cryptocurrency scandal that led to Sam Bankman’s extradition to Fried this week. Her mother is Sara Fisher Ellison.
Caroline, who was raised by two respected MIT professors, excelled in math in high school, went to Stanford University and then worked on Wall Street after graduation. Bright from an early age, Caroline lives in the Boston suburbs. In a podcast interview she did in 2020, she described how her parents read the first “Harry Potter” book to her when she was three years old. The 5-year-old read the second book herself when it was published two years later.
“I refused to wait for my parents,” Caroline joked in the interview. She was born in 1994, the same year her mother, Sara Fisher Ellison, joined MIT and her father, Glenn Ellison, began teaching there. The Ellisons spent the 1990s living in Cambridge before moving to a spacious home in Newton Corner.
Caroline was captain of the senior math team at Newton North High School, where she graduated in 2012. She participated in clubs for Jane Austen enthusiasts and Nordic skiing while also playing the cello. Caroline’s teachers described her as a shy, intelligent, and well-mannered student. At Stanford University, Caroline majored in mathematics and became a member of the Effective Altruism group, which promotes the use of reason and logic to determine the best way to achieve results.
Caroline joined Jane Street Capital in New York as a quantitative trader in 2016 after receiving her degree.
There, Caroline met Bankman-Fried, who joined after graduating from MIT. Bankman-Fried left Jane Street in 2017 to found Alameda Research, a trading firm that makes money by buying and selling cryptocurrencies across different markets. In 2019, Bankman-Fried founded the Bay Area-based cryptocurrency exchange FTX, first moving to Hong Kong and then to the Bahamas in search of a more favorable regulatory environment. Alameda also moved operations to Hong Kong, and Ellison moved there in 2019.
Meet Glenn Ellison, Father of Caroline Ellison
Gleen Ellison is Caroline Ellison’s father. He reportedly coached his daughter’s middle school math team.
Glenn Ellison turns 57 in February 2022. He was born in 1965.
Glenn Ellison is currently serving as the Dean of MIT’s Department of Economics starting in 2020. He previously served in this role from 2016 to 2017. He has also been the Gregory K Palm Professor of Economics since 2007 and served as Associate Dean briefly from 2019 to 2020, from 2008 to 2010, and from 2000 to 2001.
From 1997 to 2007, Glenn worked at Ford Career Development Associate.
Glenn’s research interests include theoretical and empirical topics in game theory, industrial organization, education, finance, economic geography, and academia.
According to his CV, he was also an assistant professor of economics at Harvard University from 1992 to 1994. He also worked as a senior associate at Charles River Associates in 1989 and an associate from 1988 to 1989.
Talking about his educational background, Glenn obtained his Bachelor of Science degree from Harvard University and graduated with honors in Mathematics in 1987. He completed his Master of Philosophy from the University of Cambridge, majoring in Economics in 1988 and his PhD from the Massachusetts Institute of Technology, majoring in Economics in 1992. He completed his thesis on Strategic Interaction in Large Populations.
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What is Glenn Ellison’s net worth?
Gleen Ellison’s current net worth must be over $1 million.
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Does Glenn Ellison use Instagram?
No, it looks like Glenn Ellison is not on Instagram.
Meet Sara Fisher Ellison, Caroline Ellison’s Mother
Caroline Ellison is the daughter of Sara Fisher Ellison.
Sara Fisher Ellison is 57 years old as of 2023. She was born in August 1965.
Sara Fisher Ellison, like her husband, is also an accomplished academic. She is a Senior Lecturer in Economics in the Department of Economics at MIT. She has spent the majority of her career at MIT. However, she has also worked as a visiting scholar at places such as the Paris School of Economics, the Hoover Institution, the National Bureau of Economic Research, and the Center for Economic Research in Munich. Her research has examined a wide range of issues related to industrial organization, with a focus on e-commerce and the pharmaceutical sector.
Her research in the pharmaceutical sector has covered a wide range of topics, including the characteristics of demand for comparable goods, the political economy of pharmaceutical prices, and the strategic actions taken by pharmaceutical manufacturers. Dr. Ellison empirically examines the causes of countervailing power using data from the pharmaceutical industry in a work co-written with Christopher Snyder.
In their empirical scenario, they investigate collusion and bargaining models for the effect of buyer size and find that, only when buyers can threaten to substitute in a transaction does the buyer-side effect develop.
Sara oversees the department’s DEDP MicroMasters and Masters programs as department director. Over 100,000 students have enrolled in her MicroMasters MOOC on Data Analytics for Social Scientists. She is also one of two professors in an introductory microeconomics course and continues to appreciate the challenge of mentoring MIT undergraduates.
In addition, she also mentors and advises PhD students on industrial organization. Sara has served as a contributing editor at JEMS and is currently on the editorial board of three industrial organization journals, IJIO, JIE and RIO. She also has experience in consulting, providing management advice and litigation support.
Sara has also been honored with various awards. She completed her Bachelor of Science degree from Purdue University in 1987, followed by a graduate degree from the University of Cambridge and a PhD from the Massachusetts Institute of Technology.
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What is Sara Fisher Ellison’s net worth?
Sara Fisher Ellison’s estimated net worth is expected to exceed $800 thousand by 2022.
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Is Sara Fisher Ellison on Instagram?
Yes, Sara Fisher Ellison has an IG page (@sara_fisher_ellison) but it is currently private.
Related FAQs
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Are Caroline Ellison’s parents still married?
Yes, the current marital status of Caroline Ellison’s parents remains unclear.
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How many children do Caroline Ellison’s parents have?
Caroline Ellison’s parents have two daughters. Caroline has a younger sister named Anna, who, along with her sister, participated in math competitions in high school.
Anna is currently 25 years old. She was born in September 1997.
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Where do Caroline Ellison’s parents live?
Caroline Ellison’s parents currently live in Newton, Massachusetts.