regularly created Billionaire Index updater Bloomberg, It released the new list on Monday. Binance CEO known by the alias CZ Changpeng Zao He managed to enter the list of the richest people in the world.
The concept of crypto money, which entered our lives with the emergence of Bitcoin in 2009, has become the favorite of many investors. Vitalik Bulterin, founder of Ethereum, and Brain Armstrong, founder of Coinbase, were added to the list of millionaires last year.
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Changpeng Zhao enters the richest billionaires list
After graduating from Computer Science, Zao worked at McGill University on trading software for the Tokyo Stock Exchange and Bloomberg. Aware of Bitcoin in a game he played in 2013, Zao stepped into the crypto money market. Binance by Zhao in 2017 was established.
Zao’s current fortune is estimated at $96 billion. Oracle founder Larry Ellison Approaching his fortune, Zao managed to surpass Mukesh Ambani, an Indian businessman who has risen rapidly in the last two years.
Speaking at the Asian Finance Forum Sam Bankman-Fried, CEO of FTX, “There is unprecedented investment in the industry that has occurred over the past few years. People are dying to seize the opportunities in the cryptocurrency market.” used the phrases.
Answering questions about his wealth recently, Zao said, “Instead of focusing on the wealth ranking, you should think about how many people you can help. Instead of wealth ranking, philanthropy and philanthropic effort need to be ranked.” said.
A Binance spokesperson contacted CNN Business, “CZ plans to donate most of his wealth, even 99 percent, like other entrepreneurs and founders.” said. Some wealthy people, including Meta CEO Mark Zuckerberg, Warren Buffett and the Gates family, have started to donate most of their wealth to charities.