• Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
Wednesday, July 6, 2022
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

New bipartisan bill seeks to make CFTC official cryptocurrency regulator

New bipartisan bill seeks to make CFTC official cryptocurrency regulator

by Gauri Bhatia
29 April 2022

Some US bipartisan lawmakers have submitted a bill that seeks to foster innovation in the cryptocurrency space and build a...

Animoca Brands establishes joint venture with OneFootBall following $300M round

Animoca Brands establishes joint venture with OneFootBall following $300M round

by Gauri Bhatia
29 April 2022

Hong Kong-based Web 3 giant Animoca Brands has now formed a strategic joint venture with OneFootball, Football news and media...

Goldman Sachs issues its first Bitcoin-backed loan: report

Goldman Sachs issues its first Bitcoin-backed loan: report

by Damien Martin
29 April 2022

Goldman Sachs has taken another bullish step towards the digital asset space, now offering Bitcoin-collateralized loans to its customers, media...

No Result
View All Result

Recent Posts

  • Understanding the Tokenomics of ZNT: DeFi protocol Zenith’s official token
  • Huobi Incubator kicks off Web3 Hackathon to foster next generation of Web3 start-ups
  • Huobi Incubator concludes BeWater DevCon 2022 encouraging dialogue amongst developer communities
  • Huobi Global and PrimeEarn provide one of the best experiences and profits
  • Sharknado Co-Creator and Snowpiercer Producer Launch New Token $FLIX to Revolutionize Indie Film
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