“Unpopular opinion: instead of wealth rankings, there should be a ranking of charity and philanthropy efforts”.īinance and its Binance Charity are active on this as well, but this is always covered too little by the big newspapers. In one of his tweets, he said he did not like this kind of ranking :ĭon't worry about rankings. However, Changpeng Zhao does not seem to have particularly liked Bloomberg’s classification. Regulatory guidelines will protect investors and projects from exploitation, unwitting participation in criminal activities and malicious acts by unsavory actors”. “With crypto moving closer towards widespread retail adoption, there is need for regulatory clarity. Ī concept reiterated even in recent days in an article by him published in Fortune India : This is nothing that scares CZ, who has repeatedly said that regulation will help the crypto sector grow. To maintain this position, Binance will have to resolve its regulatory problems, which have led to it having to shut down its services in some jurisdictions. It lists 357 tokens, but in this case, it is outperformed by Gate.io which has 1209 tokens. Taking Coingecko’s data from the last 24 hours, it shows that Binance has traded $19 billion, while the site has had 172 million visits. Both CoinMarketCap (part of the Binance ecosystem) and Coingecko agree: Binance is the largest exchange in the world.
Binance is the leading cryptocurrency exchange Binance’s empire made CZ one of the richest men in the worldĬZ’s fortune is due to his ability to build the largest cryptocurrency exchange in the world, for spot and derivatives trading. cryptocurrency exchange binances ceo changpeng zhao is the worlds richest cryptocurrency entrepreneur with 96 billion wealth bloomberg said after estimating. Zhao is the wealthiest figure in the crypto world, with a current net worth of 18.5 billion. It is hard to believe that the CEO of Binance is not among the beneficiaries of such a climb. Binance CEO and founder Changpeng Zhao doesn't 'really care much about money,' per Bloomberg.
After all, BNB itself was the protagonist of a rally in 2021 that saw it grow by more than 1,300%. īloomberg points out that Changpeng Zhao’s fortune may well exceed $96 billion because the index does not take into account the cryptocurrencies he owns, above all Bitcoin and Binance Coin. Elon Musk, with his $271 billion, remains at the top of the list, confirming his position as the richest man in the world. In the Bloomberg Billionaires Index list, CZ would rank just outside the top 10, in 11th place, behind Larry Ellison (Oracle), 20 billion behind Warren Buffett. Eric PIERMONT / AFP) (Photo by ERIC PIERMONT/AFP via Getty Images Binance CEO and founder Changpeng Zhao doesn't 'really care much about money,' per Bloomberg. Binance’s empire made CZ one of the richest men in the worldĪccording to the business newspaper, CZ has a $96 billion fortune, higher than Asia’s richest man, Mukesh Ambani, CEO of Reliance Industries Limited, a petrochemical refining group.
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