Bitcoin Whale Ross Stevens gives $200,000 to each Olympic athlete of Team USA: half upon retirement, half as life insurance for their families! ₿ 🏅💰
Billionaire Ross Stevens (founder and CEO of Stone Ridge Holdings Group, pioneer in #bitcoin institutional via NYDIG) donated $100 million to the United States Olympic & Paralympic Foundation (USOPF), the largest donation in the history of the committee.
This funds the Stevens Financial Security Awards, an innovative program that gives $200,000 in benefits for each Olympic or Paralympic Games in which a Team USA athlete competes.
Gift structure:
Half ($100,000): Deferred payment to the athlete at age 45 or 20 years after their Olympic debut (whichever comes later), paid in installments of $25,000 annually for 4 years.
The other half ($100,000): Structured as a life insurance policy — guaranteed payment to the family or designated beneficiaries upon the athlete's death.
This combines compounding (long-term growth) with immediate protection via insurance, excluding athletes earning +$1M per year (e.g., NBA stars like LeBron or Curry).
The program kicks off with the Milan-Cortina 2026 Winter Games (February 2026, already underway) and lasts at least until Brisbane 2032.
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