Binance CEO turns 11 richest person in the world and ready to donate his fortune – archyde

Binance CEO Changpeng Zhao or commonly known as CZ is the 11th richest person in the world. (Source: Twitter @cz_binance)

JAKARTA, KOMPAS.TV – New forecast claims, CEO of the exchange company Cryptocurrency or cryptocurrency, Binance, Changpeng Zhao, is a billionaire Krypto richest in the world.

Zhao’s fortune competes with that of tech billionaires like Elon Musk, Jeff Bezos, Bill Gates and Mark Zuckerberg.

On Monday (01/01/2022), Bloomberg Zhao’s net worth is reported to be US $ 96 billion, making him the eleven richest person in the world.

In Bloomberg Billionaires Index, Zhao, who is known in circles as “CZ” Krypto, now flanked by Mukesh Ambani, CEO of Indian conglomerate Reliance Industries, who sits at number 12, and Larry Ellison, co-founder of Oracle, who sits at number 10 with an estimated net worth of $ 107 billion.

Bloomberg said its forecast was based on Zhao’s stake in Binance, which reports the exchange had sales of more than $ 20 billion in 2021, with Zhao owning a 90 percent stake in Binance, according to a review of the company’s regulatory filings .

Zhao’s net worth is likely even higher than $ 96 billion because Bloomberg does not take into account Zhao’s private ownership of the digital assets Bitcoin and Binance Coin, the cryptocurrency issued by Binance.

If property Krypto According to Zhao’s personal calculations, the likelihood of wealth could be comparable to Bill Gates, the fourth richest person in the world with a net worth of $ 135 billion, and Zuckerberg, the fifth richest person in the world with $ 124 billion.

Also read: Is Binance Holding reportedly going to explore crypto exchanges in Indonesia with BCA and Telecom, really?

Zhao has not commented publicly on the size of the stake Krypto personally, but he told it Associated Press Last November, his private wealth made up the “majority” of his net worth.

Likewise, not much is known about Binance’s finances, the exchange Krypto largest in the world with big profits.


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