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$92.5 billion
- Binance’s current estimated market value of $92.5 billion puts it in the upper echelon of private tech companies, alongside TikTok parent company ByteDance, payments giant Stripe and Elon Musk’s SpaceX.
www.forbes.com/sites/johnhyatt/2022/04/05/the-wealthiest-person-in-crypto-climbs-into-worlds-20-richest/The Wealthiest Person In Crypto Climbs Into World’s 20 Richest
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Jan 12, 2022 · Changpeng “CZ” Zhao, who runs the crypto exchange Binance, has joined the ranks of the world’s top billionaires, with an estimated net worth of at least $96 billion, according to new ...
Jan 9, 2022 · With $96 billion, Binance CEO Changpeng Zhao is closing in on tech titans including Facebook’s Mark Zuckerberg and Google’s Larry Page and Sergey Brin. Skip to content
- 23 min
Mar 29, 2022 · Yet the 44-year-old founder and CEO of Binance is worth about as much as the chief Meta-mate. Bloomberg estimates that Zhao’s net worth has reached as high as $96 billion.
Jan 10, 2022 · Changpeng Zhao, CEO of Binance and also known as “CZ,” tops the list of richest crypto billionaires with an estimated net worth of $96 billion.
- Arijit Sarkar
- Zhao and The Collapse of Sam Bankman-Fried's FTX
- Early Life and Education
- Career and Founding of Binance
- Personal Life
- The Bottom Line
Zhao was prominently in the news in November 2022 when rival exchange FTX faced a liquidity crisis. Zhao at first stopped all trading of FTX's native FTT token. Then, as FTX's troubles worsened, Zhao announced that he was in talks with FTX founder Sam Bankman-Fried to acquire FTX. The next day, Zhao said Binance was dropping its takeover bid after ...
Changpeng Zhao was born on Feb. 5, 1977, in the Jiangsu province of China. His father, Shengkai, emigrated to Vancouver, Canada, in 1984 to pursue a doctoral degree, and the rest of his family arrived in 1989. The Zhao family left China just after the Tiananmen Square massacre and were able to expedite securing visas. He was first introduced to the...
After his graduation from McGill, Zhao took on work as a contractor for the Tokyo Stock Exchange, then became the head of Tradebook Futures Development at Bloomberg Professional Services from 2001 to 2005.He eventually joined some friends to start an information technology (IT) consulting company, and moved to Singapore to launch Fusion Systems. Zh...
Zhao shares little about his personal life online, though a recent profilerevealed more details about his childhood. Zhao is private about his personal life, but a recent profile shed light on his upbringing. He faced significant challenges from a young age, notably when his family moved to Canada after his father was exiled for his intellectual vi...
Changpeng Zhao, known as "CZ," founded Binance, which rapidly grew to be the largest cryptocurrency exchange in the world by daily trading volume. With a net worth estimated at $39.6 billion as of March 2024, Zhao's story reflects the fast-paced and unpredictable world of cryptocurrency. His journey took a significant turn when he admitted guilt to...
- Jacob Wade
1 day ago · Zhao founded Binance in 2017, raising $15 million through an initial coin offering. In 2023, Binance facilitated roughly half of all spot trades processed by centralized crypto exchanges.
Jun 17, 2024 · The value of Binance’s founder’s holdings would be $56.6 billion today, but given that there is little chance Zhao could get near that amount if he tried to sell, Forbes applied a 50% liquidity discount to his stake. Currently BNB’s trading volume is about $1.6 billion worth of tokens per day.
