Fate of a Dreamer is an album by Dutch singer and musician Arjen Anthony Lucassen under the name Ambeon, released in 2001 by Dutch music label Transmission Records.

All of the ten tracks feature samples from and arrangements of Ayreon's songs, as noted below.

The album was out of print for years, due to the closing of Transmission.

The album was re-released in December 2011 with bonus tracks, and an accompanying acoustic CD covering various Ambeon and Ayreon tracks.

All tracks are written by Arjen Anthony Lucassen and Astrid van der Veen"Cold Metal" is the only single from this album.