Changpeng Zhao (CZ), the CEO of Binance Exchange, has become the richest person of Chinese descent, with a net worth of up to $90 billion
CZ becomes the richest Chinese person after Binance is valued at $300 billion
Changpeng Zhao (CZ), the CEO of Binance Exchange, has become the richest person of Chinese descent, with a net worth of up to $ 90 billion.
CZ becomes the richest Chinese person after Binance is valued at $300 billion.
The narrative of the cryptocurrency exchange Binance and its creator, CZ, is slowly making its way around the world. Binance, which is more than 4 years old, has quickly risen to become the world’s largest cryptocurrency exchange, with 3,000 employees on every continent and a daily trading volume of $ 76 billion.
Binance will be valued at USD 300 billion at the present transaction size, according to certain exclusive insider sources.
The majority of Binance’s shareholding is held by CZ. According to Forbes, the platform’s founder controls 30% of the company. CZ’s total wealth, according to this figure, is now US $ 90 billion, making him the richest Chinese and one of the world’s top ten richest persons. Even CZ’s fortune is 35 percent greater than Zhong Suisui’s, who was formerly China’s richest man.
Changpeng Zhao is a Chinese-Canadian crypto tycoon with a lot of clouts. He was born in 1977 and grew up in Jiangsu, before moving to Vancouver, Canada, with his family, and now residing in Singapore. Binance’s monthly spot trading volume has now topped 15 months in a row, and the quick surge in trade size has rewarded CZ handsomely.