Binance/Zhao Considering Donating Most of His Fortune

Changpeng Zhao, CEO of Binance, explained that he “doesn’t need a lot of money” and is willing to donate 99% of his personal wealth.

CEO of Binance, the world’s largest cryptocurrency exchange in terms of spot and derivatives cryptocurrency volume, to the Associated Press In an interview, he said that he plans to donate most of his wealth.

“Personally, I am financially free. I don’t need a lot of money and I can continue my current lifestyle as it is. As many wealthy entrepreneurs or founders from Rockefeller to the present have done, I am willing to donate most of my wealth. I intend to donate 90%, 95% or 99% of my wealth.”

Cryptocurrency market in 2014 bitcoin (BTC) Zhao, who started to invest by buying still holding most of it, Besides, most of his wealth Consists of Binance Coin (BNB) stated.

Forbes’ list According to Changpeng Zhao’s wealth approximately $2 billion is presumed to be. Zhao’s In addition on Binance “respectable” amount of shares.

The Wall Street Journal’s According to the news of Binance It can achieve a valuation of $300 billion is being considered.


Image: Changpeng Zhao in Istanbul (Koin Bulletin archive)

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