JAKARTA – Binance boss Changpeng Zhao or better known as CZ has an estimated net worth of 96 billion US dollars based on a report from the Bloomberg Billionaires Index. Currently, CZ is the richest crypto billionaire in the world. He managed to surpass a number of popular names in the technology industry as reported by Cryptopotato.
CZ's achievements cannot be separated from the role of Bobby Lee and investor Ron Cao who persuaded Changpeng Zhao to save about 10 percent of his net worth in Bitcoin almost a decade ago. At that time, Bitcoin was still under attack from various parties.
In 2022, CZ managed to rank as the 11th richest person in the world according to the Bloomberg Billionaires Index. The Binance CEO's fortune has grown rapidly in the past year from 21 billion US dollars to 96 billion US dollars. In addition, CZ owns 90 percent of Binance.
The 44-year-old man is quite respected in the crypto world. Recently, CZ also established relations with nobles in Abu Dhabi by bringing the Binance flag to the United Arab Emirates.
On the other hand, not much is known about how many cryptocurrencies Changpeng Zhao owns. Responding to his title as the world's 11th richest person, CZ took to Twitter to say that there is no need to worry about rankings, but focus on how many people he can help.
“Don't worry about the rankings. Focus on how many people you can help," CZ wrote in a tweet on January 10, 2022.
Don't worry about rankings. Focus on how many people you can help.
— CZ 🔶 Binance (@cz_binance) January 10, 2022
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