Binance CEO CZ Denies Bloomberg! “I’m Not That Rich!”

Leading cryptocurrency bitcoinWhile there were hectic hours last night in , the leading finance-economy media organ Bloombergupdated the Finance Rich list that it publishes regularly.

3rd in the list of financial riches Binance CEO CZ’Bloomberg claimed that CZ’s net worth is $28.2 billion, according to estimates.

Denying Bloomberg’s report, CZ argued that the figures given in the news are incorrect and that the net worth of his wealth is not even close to the data announced on Bloomberg’s rich list.

CZ, his personal wealth and cryptocurrency The exchange said all figures, including Binance’s annual revenue, were false.

Denying Bloomberg’s report on his Twitter account, CZ said:

“The numbers in the news are all wrong. These numbers are far from my wealth. I don’t know why they made such a news.

Also, we never saw FTX as a competitor. We also welcome more and better managed exchanges in the crypto space.”

CZ used the FUD to refute the fake news about him or his exchange Binance in publishing the report by Bloomberg. “4” used the code.

4

Numbers all wrong. I don’t have anywhere near as much. Don’t know why they do this. 🤷‍♂️

Also, never viewed FTX as a rival. We welcome more (well run) exchanges in the space. pic.twitter.com/xfa31RZp7t

— CZ 🔶 Binance (@cz_binance) April 27, 2023

CZ has previously denied the news about his fortune. So much so that in June 2022, the Guardian, referring to the Bloomberg Billionaires Index estimates, shared that CZ’s wealth has dropped from $75 billion to $20.6 billion since January, with the decline in crypto markets.

He also denied this news of the Guardian. CZ “I have no idea how they came up with these numbers. You should understand that net worth is just an estimate. When I look in my wallet, I don’t have any money close to any of these numbers.” said.

*Not investment advice.