Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant [Fortune]
Intercontinental Exchange Inc. (ICE)
Last intercontinental exchange inc. earnings: 4/30 07:30 am
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Source: Fortune
A small investment made at the right moment has the power to launch ordinary people to millionaire status . All it took was $1,000 and an out-there idea for Jeffrey Sprecher, the founder and CEO of Intercontinental Exchange , to set his business on a path to becoming a $98 billion behemoth. Recommended Video “I had this idea that you should be able to trade electric power, buy and sell electric power, on an exchange,” Sprecher recalled recently at the Rotary Club Of Atlanta. But there was a huge caveat: He “had no idea how to do that. I'd never worked on Wall Street, I never traded.” At the time, Sprecher had heard that Continental Power Exchange—owned by Warren Buffett's electric utility company, MidAmerican Energy—was about to go bankrupt. Despite Buffett's business pumping $35 million into it, the company was still struggling. And so Sprecher saw this as an opportune moment to swoop in and pursue his entrepreneurial vision. “I bought the company for a dollar a share, and t
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News
- Intercontinental Exchange (ICE) Fell Due to AI-Related Concerns [Yahoo! Finance]Yahoo! Finance
- Meet the self-made billionaire who bought a nearly bankrupt company off Warren Buffett for $1,000 and turned it into a $98 billion giant [Yahoo! Finance]Yahoo! Finance
- NYSE Content Advisory: Pre-Market Update + Singapore Software Firm TechCreate Rings NYSE Bell after IPOPR Newswire
- Intercontinental Exchange (NYSE:ICE) was given a new $180.00 price target on by analysts at Morgan Stanley.MarketBeat
- NYSE Content Advisory: Pre-Market Update + NYSE to List U.S. Options for Benchmark MSCI Indexes in 2026PR Newswire
ICE
Earnings
- 10/30/25 - Beat
ICE
Sec Filings
- 12/16/25 - Form 4
- 12/12/25 - Form 144
- 12/10/25 - Form 4
- ICE's page on the SEC website