Index Investing News
Sunday, April 5, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

German billionaire behind Enhanced Video games is dinosaur egg-collecting movie producer

by Index Investing News
July 13, 2024
in Financial
Reading Time: 4 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

Christian Angermayer is a billionaire movie producer, psychedelics mogul, and, maybe quickly, the brainchild of the most recent loopy athletic competitors to hit the mainstream: a literal Olympics on steroids.

From his London workplace, the Enhanced Video games co-founder Angermayer is plotting to disrupt the world of Athletics, with the assistance of fellow billionaire Peter Thiel.

The Enhanced Video games

The Enhanced Video games is setting itself up as a rival to the Olympics with a twist. Athletes shall be permitted to make use of choose performance-enhancing medicine, together with steroids, with the prospect to earn a $1 million payday in the event that they break “important” world data.

Angermayer co-founded the Enhanced Video games with Aron D’Souza, with the intention of safely introducing these medicine into high-level competitors.

Infamous investor Thiel has been the poster boy for the video games as an early backer. Three-time Olympic swimming medallist James Magnussen emerged in February as an athlete inquisitive about competing within the video games, with others allegedly within the pipeline.

The group is trying to elevate $300 million for the video games, with Angermayer saying he has courted sovereign wealth funds as a part of this drive.

Who’s Christian Angermayer?

Angermayer made his first tens of millions by co-founding and promoting the biotech agency Ribopharma together with his professors at Germany’s College of Bayreuth.

Angermayer, who in keeping with Forbes is price $1.1 billion, now makes a variety of his money attempting to push the boundaries of perceived medical considering. 

Earlier than steroids, he was an early backer of the psychedelics motion, founding atai Life Sciences in 2018, which is now valued at $244 million.

Angermayer’s first expertise with magic mushrooms got here when he took a yacht into authorized waters with a bunch of associates.

“It was the one most significant factor I’ve ever executed or skilled in my life,” he advised Scientific American in 2019. “Nothing has ever come near it.” 

Angermayer advised Sci Am that he didn’t contact alcohol for the primary 30 years of his life, owing to a teenage worry that his mind cells would die if he drank or smoked.

He now says he’ll journey on mushrooms in a authorized setting twice a yr. His house is adorned in psilocybin mushroom sculptures as a hat-tip to this obsession whereas he has additionally forked out round $10 million for a set of eight dinosaur eggs, together with that of a Tyrannosaurus Rex, Bloomberg reported.

Angermayer’s mixture of wealth and eccentricity means his fingerprints are present in uncommon locations. He’s credited as a producer on a number of Hollywood films, together with Samuel L. Jackon’s Large Sport and Filth, an adaptation of an Irvine Welsh e-book starring James McAvoy. 

He has stated that his push for the Enhanced Video games comes from his perception that AI will allow extra leisure time, growing the demand for sports activities viewing.

Nonetheless, you’re not more likely to discover him on the streets of his second residence, London. Angermayer says he avoids strolling across the U.Okay. capital’s avenue out of worry of being the sufferer of petty crime.

Laws

Angermayer and his associate D’Souza have excessive hopes that they will create a brand new format for sporting excellence, arguing they will facilitate a secure, managed surroundings to make sure their athletes aren’t in danger.

In an e-mail interview with Fortune, D’Souza stated he can think about 1 billion individuals tuning in to look at somebody break the 100-meter world report. That may put it up in opposition to the world’s greatest sporting occasions, together with its rival summer time Olympics.

“By creating a fascinating and immersive surroundings, we’re going to seize the creativeness of viewers worldwide, making the Enhanced Video games a must-watch occasion,” D’Souza stated.

Nonetheless, the thought has invited big criticism.

The World Anti-Doping Company (WADA) has condemned the Enhanced Video games as a “harmful and irresponsible idea” that may jeopardize the well being of athletes. A number of Olympians have supported this declare.

Angermayer has cited an nameless survey suggesting a big share of Olympic athletes already covertly use performance-enhancing medicine. Some would possibly argue that would scale back the necessity for a contest catering to drug customers.

D’Souza stated Enhanced has employed a prime recruiter to supply potential athletes for the video games, including they’re in superior conversations with lots of them.

“One of many challenges we face with confirming athletes publicly is that regardless of having had overwhelming curiosity, we additionally have to develop plans for the format of the primary Video games – together with which sports activities and occasions will happen,” D’Souza stated.

There’s additionally concern it should additional popularize a rising development of most people opting to make use of these medicine in an surroundings a lot much less managed than that proposed on the Enhanced Video games.

Naturally, after spending years campaigning to popularize psychedelics, Angermayer is loath to comply with laws within the U.S. or in Europe, for which he offers the latter specific flak.

“The U.S. units a foul precedent after which Europe is like, you understand what? We will make it even worse. We will make it even dumber,” Angermayer advised the Secret Leaders podcast final month.

Angermayer has succeeded in his first objective of drumming up big media consideration across the controversial Enhanced Video games. However with a wave of detractors, doubts over its industrial attraction, and an unclear roster of athletes, it might be a bridge too far.

Advisable Publication: The Fortune Subsequent to Lead e-newsletter is a must-read for the following technology of C-suite leaders. Each Monday, the e-newsletter supplies the methods, assets, and professional perception wanted to say essentially the most coveted positions in enterprise. Subscribe now. Join free.



Source link

Tags: billionaireDinosaureggcollectingEnhancedFilmGamesGermanproducer
ShareTweetShareShare
Previous Post

Rescuers get well first physique from 2 buses that have been hit by landslide and fell right into a river in Nepal

Next Post

Simply Listed | 11037 Legacy Boulevard #201

Related Posts

Kinneret ends March above bottom red line

Kinneret ends March above bottom red line

by Index Investing News
April 1, 2026
0

The Kinneret (Sea of Galilee) has ended March 2026 just above the bottom red line following heavy rainfall over...

Crude Check: Volatile But Firm

Crude Check: Volatile But Firm

by Index Investing News
March 28, 2026
0

Crude oil prices saw considerable volatility last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($105.30/barrel) was down 6.1...

Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on

Dow, S&P 500, Nasdaq wobble after rally as Iran war drags on

by Index Investing News
March 24, 2026
0

The war in Iran is “incomparable” with any past oil shock in both its scale and its wide-ranging impact on...

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

by Index Investing News
March 20, 2026
0

Eternal shares on Friday rose 3% from the day's low of Rs 230.10 on the NSE to scale the day's...

The ocean’s original chart-topper: scientists discover the oldest whale song recorded, from 1949

The ocean’s original chart-topper: scientists discover the oldest whale song recorded, from 1949

by Index Investing News
March 16, 2026
0

A haunting whale song discovered on decades-old audio equipment could open up a new understanding of how the huge animals communicate, according...

Next Post
Simply Listed | 11037 Legacy Boulevard #201

Simply Listed | 11037 Legacy Boulevard #201

Pakistan reaches bn mortgage take care of IMF

Pakistan reaches $7bn mortgage take care of IMF

RECOMMENDED

Newell Brands Inc (NWL) Q1 2023 Earnings Call Transcript

Newell Brands Inc (NWL) Q1 2023 Earnings Call Transcript

May 1, 2023
Fantasy Premier League: Gabriel Jesus and Kevin De Bruyne star in GW2 crew of the week

Fantasy Premier League: Gabriel Jesus and Kevin De Bruyne star in GW2 crew of the week

August 16, 2022
What Market Moves Say About the Attempted Russia Coup

What Market Moves Say About the Attempted Russia Coup

June 30, 2023
Lincoln Property to Manage Savannah-Area Amazon Facility

Lincoln Property to Manage Savannah-Area Amazon Facility

April 19, 2023
French Regulators Goal Unregistered Crypto ATMs Forward of MiCA Implementation Deadline

French Regulators Goal Unregistered Crypto ATMs Forward of MiCA Implementation Deadline

December 17, 2024
2:00PM Water Cooler 9/7/2022 | naked capitalism

2:00PM Water Cooler 9/7/2022 | naked capitalism

September 7, 2022
Top Wall Street analysts say buy Apple & Foot Locker

Top Wall Street analysts say buy Apple & Foot Locker

March 26, 2023
Inventory futures are decrease after massive market reversal to start out Could

Inventory futures are decrease after massive market reversal to start out Could

May 3, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In