Who is dedicated to telling him the news? –According to recent estimates, Changpeng Zhao, better known by the nickname CZ, has become one of the richest men in the world.
Indeed, the CEO of Binance sees his fortune estimated at more than 96 billion dollars. And unlike his company which continues to pile up bitcoins, this amount does not take into account his crypto wallet!
A fortune greater than that of the creator of Bitcoin ?
If we are to believe Bloomberg, at just 44 years old, the founder of Binance continues to scavenge for places in the rankings of the richest men in the world, trying to catch up Jeff Bezos (189 billion) and Elon musk (263 billion), but already ahead of the creator of Bitcoin.
It is estimated that the wallet of Satoshi Nakamoto contains 1.1 million BTC, for an estimated value of $ 45 billion : consequently, one could estimate that CZ has just overtaken the creator of Bitcoin!
And again, this first estimate of the fortune of the boss of Binance does not take into account his crypto wallet: the latter contains a good part of bitcoins and the flagship crypto of his company, the BNB.
Despite this colossal fortune (you would need more than 263 years to spend everything at the rate of 1 million per day), CZ stay humble and show off a “simpler” lifestyle on Twitter.
Interviewed in November 2021 by Erik Schatzker, the founder of Binance who was asked about his fortune simply replied:
“I don’t care about wealth, money, rankings. “
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Billionaire desperately seeks country
Although far ahead Brian armstrong (CEO of Coinbase) with $ 9.6 billion, or Sam Bankman-Fried (CEO of FTX) which weighs 22 billion dollars, the young Chinese billionaire continues to make his business prosper.
Far from resting on his laurels, the crypto-boss has shown himself in different localities more or less exotic in recent months, in order to find a place or domicile Binance after having bought his first house in dubai. Indeed after trying to seduce France in 2021, Changpeng Zhao is currently looking for the right place to establish its head office so that it can comply with current and future rules related to regulation.
Its devolved a priori thrown on ireland, the CEO of one of the world’s largest exchanges will be able to continue to increase his fortune, Binance having generated more than 20 billion dollars in revenue in 2021.
Despite his initial desire not to have a strict head office because for him the concept is outdated, the year 2022 will undoubtedly be that of CZ! Fingers crossed that he does not make a massive “buy the dip” that would drop the price of our favorite cryptos!
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