From Working At McDonald's To Becoming A Crypto Pioneer: Meet World's Richest Crypto Billionaire
From being a burger flipper at McDonald's to now being the richest crypto billionaire, Changpeng Zhao has come a long way. Popularly known as ¡®CZ¡¯, he tops the list of richest crypto billionaires with an estimated net worth of a whopping $96 billion.
From being a burger flipper at McDonald's to now being the richest crypto billionaire, Changpeng Zhao has come a long way. Popularly known as ¡®CZ¡¯, he is the CEO of Binance, the largest exchange in the world in terms of the daily trading volume of cryptocurrencies.
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Net Worth Of $96 Billion!
As per the recently released Bloomberg Billionaires Index, CZ tops the list of richest crypto billionaires with an estimated net worth of a whopping $96 billion! And wait, that's not all. This huge amount does not even include his personal crypto holdings such as Bitcoin and Binance¡¯s in-house Binance Coin (BNB) tokens.
According to Bloomberg¡¯s estimation, CZ currently ranks 11th among the world¡¯s richest people. The 44-year-old crypto pioneer is richer than not just India¡¯s but Asia¡¯s richest billionaire, Mukesh Ambani, who is the Chairman of Reliance Industries.
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What About Mark Zuckerberg & Other Billionaires?
Although this was the first time Bloomberg estimated CZ¡¯s fortune, Binance¡¯s growth trajectory signals that there is a possibility of CZ¡¯s fortune being comparable, if not exceeding that of tech pioneers such as Meta¡¯s Mark Zuckerberg as well as Google co-founders Larry Page and Sergey Brin.
At present, Tesla CEO Elon Musk leads the billionaire¡¯s list with an estimated fortune of $263 million, whereas Zuckerberg, Page and Brin rank 5th, 6th and 7th, respectively, as per Bloomberg estimates.
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The Success Of Binance
Undoubtedly, the success of Binance can be attributed to CZ¡¯s continuous efforts to accrue operational licenses globally across jurisdictions. And despite the regulatory hurdles, his crypto exchange Binance maintains an ongoing partnership and acquisition streak to remain a leader in the crypto trading space.
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Binance¡¯s Recent Moves
Recently, Binance finalized the acquisition of prominent crypto Visa Card provider Swipe, which operates at over 70 million locations worldwide. And that's not all. Binance has also launched a $1-billion initiative to fast-track the development of the Binance Smart Chain ecosystem, along with advance mainstream adoption across the financial technology sector.
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What¡¯s Next?
According to the data from Cointelegraph Markets Pro and TradingView, the price of Binance¡¯s in-house Finance Coin tokens (BNB) appreciated over 1,300% in the past year itself. So, if BNB is able to maintain such a pace, CZ is set to become the first crypto entrepreneur to enter the top 10 billionaires list soon!
Binance CEO has been quite active on Twitter as well, with close to 5 million followers as of now. Here are some of his latest tweets around Binance and crypto.
If you want to waste time, use the internet.
¡ª CZ ? Binance (@cz_binance) December 28, 2021
If you want to improve your finances, use crypto.
5 of the top 10 coins from 5 years ago today are still in the top 10 today. pic.twitter.com/fhg6P2pq0b
¡ª CZ ? Binance (@cz_binance) May 6, 2021
2 years ago.
¡ª CZ ? Binance (@cz_binance) July 26, 2021
? Binance CEO Predicts Amazon Coin Coming "Sooner or Later" - Ethereum World News https://t.co/uNCxOuTO3t
My #2021withBinance.
¡ª CZ ? Binance (@cz_binance) December 30, 2021
Have you checked yours? pic.twitter.com/TfznYSXZKt
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