Blockchain

Binance CEO CZ’s richest cryptocurrency billionaire, $96B: Bloomberg

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Binance CEO Changpeng Zhao ranks first on the list of cryptocurrency billionaires with a net worth of US$96 billion.

According to Bloomberg CZ grade Ranked 11th among the richest people in the world, because Binance still maintains its position as the largest cryptocurrency exchange in terms of trading volume.

The 44-year-old cryptocurrency entrepreneur CZ surpassed Asia’s richest billionaire Mukesh Ambani, although Bloomberg excluded his personal holdings of cryptocurrencies such as Bitcoin (Bitcoin) And the exchange’s internal Binance Coin (Bitcoin) Token.

According to Bloomberg estimates, CZ is second only to Oracle co-founder Larry Ellison (Larry Ellison), whose net assets currently lead by approximately $11 billion. Although this is Bloomberg’s first estimate of CZ’s wealth, Binance’s growth trajectory suggests that it may surpass Meta’s Mark Zuckerberg and Google co-founders Larry Page and Sergey Brin and other tech giants.

At present, Zuckerberg, Page and Brin are ranked 5th, 6th and 7th respectively. Tesla CEO Elon Musk ranks first on the billionaire list with a net worth of US$263 billion.

Top ten richest billionaires. Source: Bloomberg Billionaire Index.

Data from Cointelegraph Markets Pro And TradingView confirmed that in the past year alone, the price of BNB has risen by more than 1,300%. If calculated, CZ will become the first crypto entrepreneur to enter the top 10 billionaire list.

The price performance of BNB tokens in fiscal 2021. Source: TradingView.

related: Former Binance executives say the exchange is worth $300B: report

Binance’s global success can be attributed to CZ continues to work hard to obtain operating permits In all jurisdictions worldwide. Despite regulatory obstacles, Binance still maintains a continuous partnership and continuous acquisitions to maintain its leading position in the field of crypto trading.

Recently, the Cryptocurrency exchange completes acquisition of Swipe, A well-known encrypted Visa card provider with operations in more than 70 million locations worldwide.In addition, Binance has launched a $1 billion plan Fast track the development of Binance Smart Chain Ecosystem and promote the mainstream adoption of the entire financial technology field.