Changpeng Zhao’s Net Worth Rises by $25 Billion in 2023
Bloomberg reports that Changpeng Zhao (CZ), the ex-CEO of the crypto exchange Binance, saw his fortune grow by almost $25 billion in 2023. His financial growth surpassed that of other crypto industry billionaires, including Coinbase’s CEO Brian Armstrong and the Winklevoss twins.
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Bloomberg reports that Changpeng Zhao (CZ), the ex-CEO of the crypto exchange Binance, saw his fortune grow by almost $25 billion in 2023. His financial growth surpassed that of other crypto industry billionaires, including Coinbase's CEO Brian Armstrong and the Winklevoss twins.
This substantial increase in CZ's assets came amid a surge in the value of digital currencies and a variable yet rising trade volume on Binance. The amount of his gains far overshadows the $4.3 billion fine levied by U.S. authorities. Currently, CZ's total net worth is estimated at approximately $37 billion.
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