The Wealth Of Binance’s CEO Reached $100 Billion

The wealth of Binance’s CEO, the world's leading cryptocurrency exchange, has reached approximately $ 100 billion. CZ is almost on the richest list.

While the fortunes and lives of dollar billionaires like Elon Musk and Jeff Bezos are frequently on the agenda, there is one name who is quietly a billionaire: Changpeng Zhao, the founder of the Binance exchange.

CZ Is The Richest Person In Asia

Although it was established as late as 2017, the position of the Binance exchange is not unobtrusive. The Chinese cryptocurrency exchange moved its headquarters to Malta after increasing regulations. After this period, the exchange started to rise. Binance, the world's largest exchange in terms of volume, generates daily volume of 11 billion dollars. Aside from the fact that every project that is decided to be put on the exchange increases in value, the biggest goal of a project that has just started its life is to be listed on the Binance exchange. Binance, which established its own blockchain and started the launchpad system, is not listed on any exchange, so its market value is unknown at the moment. Executives stated that valuation could be around a $300 billion.