• Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
Tuesday, March 21, 2023
No Result
View All Result
Our Bitcoin News
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
No Result
View All Result
Our Bitcoin News
No Result
View All Result

Binance CEO CZ: world’s 11th richest person at $96B net worth

News
by Damien Martin
10 January 2022
Binance CEO CZ: world’s 11th richest person at $96B net worth

Source: Unsplash

Share on FacebookShare on Twitter

The world’s largest crypto exchange Binance CEO Changpeng Zhao is now the world’s richest crypto billionaire at $96 billion net worth. While the figure itself is astounding, it does not even include the CZ’s crypto holdings.

The Bloomberg Billionaires Index is the first pointer to estimate Zhao’s holdings, which was left for much contemplation up till now. The 44-year-old crypto entrepreneur has surpassed the net worth of Mukesh Ambani, who is Asia’s richest person and chairman of the Indian conglomerate Reliance Industries.

Meanwhile, Bloomberg has not thrown CZ’s crypto holdings into the equation, which may take his net worth to a much higher level. The founder and CEO has a significant amount of Bitcoin and Binance’s in-house Binance Coin (BNB) tokens under his name.

The index calculated his net worth based on his 90% stake in Binance which generated more than $20 billion in revenue in 2021. However, since Forbes has placed CZ’s stake at 30% of the total shares, his assets could be subject to evaluation.

Although Zhao has not revealed his crypto holdings, he recently told The Associated Press that his personal holdings comprise the majority of his net worth.

If taking into account his crypto holdings, CZ’s net worth could be at par with the likes of Meta’s Mark Zuckerberg and Google co-founders Larry Page and Sergey Brin. Even without it, the 44-year-old CEO’s assets have significantly overshadowed his rivals’ net worth, including FTX CEO Sam Bankman-Fried’s $22.5 billion, and Coinbase CEO Brian Armstrong’s $9.6 billion.

Tags: featured
Previous Post

Bitcoin hashrate plunges 13% after Kazakhstan encounters political unrest

Next Post

Disney accelerates theme-park metaverse plans with “virtual-world simulator” patent

Damien Martin

Damien Martin

Damien has a rich history in the fintech and business reporting world. He is currently working at OBN to cover the most important news from the blockchain industry.

Related Posts

Crypto asset market, medium- to long-term outlook upward due to turmoil in the US banking industry: Coinbase | coindesk JAPAN | Coindesk Japan

Crypto asset market, medium- to long-term outlook upward due to turmoil in the US banking industry: Coinbase | coindesk JAPAN | Coindesk Japan

by Damien Martin
21 March 2023

Coinbase said in a March 17 report that the medium- to long-term outlook for the cryptocurrency market has been “upwardly...

Bitcoin and Ethereum volatility indicators are in an unusual state for the first time in about two years | coindesk JAPAN | Coindesk Japan

Bitcoin and Ethereum volatility indicators are in an unusual state for the first time in about two years | coindesk JAPAN | Coindesk Japan

by Damien Martin
21 March 2023

For the first time in nearly two years, cryptocurrency options traders see Bitcoin (BTC), the largest cryptocurrency, in second place...

Binance Plans to List on Arbitrum (ARB)

Binance Plans to List on Arbitrum (ARB)

by Kurt Ebenzer
20 March 2023

Start depositing from March 23 Binance, a major centralized cryptocurrency exchange, has decided to newly list Ethereum (ETH) L2 “Arbitrum...

No Result
View All Result

Recent Posts

  • Crypto asset market, medium- to long-term outlook upward due to turmoil in the US banking industry: Coinbase | coindesk JAPAN | Coindesk Japan
  • Bitcoin and Ethereum volatility indicators are in an unusual state for the first time in about two years | coindesk JAPAN | Coindesk Japan
  • Binance Plans to List on Arbitrum (ARB)
  • Bitcoin temporarily exceeds $ 28,000 | coindesk JAPAN | Coindesk Japan
  • Former Coinbase CTO Warns of US Dollar Hyperinflation, Bet on Bitcoin Hitting $1 Million
Our Bitcoin News

© 2021 Our Bitcoin News

Navigate

  • Home
  • Press Release
  • Sponsored
  • Our Journalists
  • Advertise
  • Editorial Policy
  • Privacy Policy
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners

© 2021 Our Bitcoin News