Binance ceo zhao 96b6/30/2023 ![]() ![]() Zhao declined to comment to Bloomberg, and Binance disputed the accuracy of the estimates. It valued the business based on publicly traded peers. ![]() It generated at least $20 billion of revenue last year, according to Bloomberg.īloomberg assumed Zhao owns 90% of Binance, and estimated the exchange’s revenue from spot and derivatives trading volumes and advertised fees. It is likely Zhao’s wealth could rival that of Facebook founder Mark Zuckerberg and Google founders Larry Page and Sergey Brin, Bloomberg said.Īmong his crypto peers, the 44-year-old’s closest rivals are FTX founder Sam Bankman-Fried ($15.4 billion) and Coinbase CEO Brian Armstrong ($8.9 billion), according to Bloomberg’s index.īinance is the world’s largest cryptocurrency exchange, with a 24-hour trading volume of $106 billion as of Jan. The Big Take World’s Biggest Crypto Fortune Began With a Friendly Poker Game With 96 billion, Binance CEO Changpeng Zhao is closing in on tech titans including Facebook’s Mark Zuckerberg. The $96 billion figure does not take into account Zhao’s personal crypto holdings, meaning it could be a significant underestimate. 1 this year, 840 million was deposited into eight companies owned. Changpeng Zhao net worth: Binance CEO CZ to give away 96 billion fortune He’s one of the richest people on the planet but apparently, Binance CEO Changpeng Zhao plans to give his massive fortune away. Changpeng Zhao’s net worth overtook billionaire Mukesh Ambani. 1 hour ago &0183 &32 In some of the most detailed examples of the fund transfers by Binance and Zhao, the SECs filing on Tuesday alleged that on Jan. Zhao’s net wealth has been estimated for the first time by the Bloomberg Billionaires Index, which concludes that it exceeds that of Asia’s richest person, Mukesh Ambani, the chairman of Indian conglomerate Reliance Industries. Binance’s CEO, Zhao has a net worth of 96 billion Baisakhi Mishra JanuCrypto News Bloomberg estimates Binance CEO Changpeng Zhao has a net worth of 96 billion, excluding crypto holdings. ![]() Binance CEO Changpeng “CZ” Zhao is worth an estimated $96 billion, a figure that rivals tech billionaires Mark Zuckerberg, Larry Page and Sergey Brin, according to Bloomberg. ![]()
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