CZ, Binance CEO is the richest crypto billionaires at $96B
The net worth of Changpeng Zhao (CZ) has overtaken Mukesh Ambani, Asia’s richest billionaire excluding his own crypto holdings. CZ is a 44-year-old crypto entrepreneur who is the CEO of Binance and he is at the top of the list of richest crypto billionaires in the world with an estimated net worth of $96 billion.
Changpeng Zhao ranks 11th among the richest people in the world as Binance retains its position as the biggest crypto exchange in trading volume.
CZ stands just behind Larry Ellison, co-founder of Oracle whose net worth is around $11 billion, Besides, the girth of Binance is also a signal of the possibility of exceeding tech goliaths like Larry Page, Sergey Brin Google co-founder and Meta’s Mark Zukerberg. Zuckerberg, Page and Brin with their rank 5th, 6th and 7th respectively and on the other hand, Tesla CEO Elon Musk leads the list of billionaires with an estimated amount of $263 billion.
Success of Binance
The success can be attributed to the ongoing efforts of CZ for accruing operational licences across jurisdictions globally. Binance has also maintained an ongoing partnership to remain as a leader in the trading space of crypto.
The crypto Exchange has finalised the acquisition of Swipe recently and has also launched a $1 billion initiative to track the Binance Smart Chain Ecosystem’s development and to maintain the advance mainstream adoption across the function sector.
