![]() ![]() Necessary cookies are absolutely essential for the website to function properly. Around 2021, the company cashed out its equity for a whopping $2.1 billion payout. Moreover, his company invested in a rival company named FTX back in 2019. Despite the crash in the price of Binance coin, it still remains one of the most profitable companies. InvestmentsĬhangpeng Zhao launched Binance back in 2017 before gradually building it into one of the world’s largest crypto exchanges. Besides this, Zhao also purchased a mansion in the city, which is estimated to be worth around $2.8 million. The property is located very close to Burj Khalifa. Zhao bought his first luxury property in the form of ‘pro-crypto’ Dubai, an apartment in Dubai’s glamorous Jumeirah district, back in October of 2021. However, Zhao has openly denied these staggering numbers. However, Bloomberg’s rich list includes Changpeng Zhao among the top three financial billionaires globally, stating estimate figures of $28.2 billion. ![]() Moreover, the exact value of his holdings and assets is not publicly available. Since most of his earnings come from Binance, CZ’s net worth can fluctuate dramatically due to the volatile nature of the cryptocurrency market. He is, unsurprisingly, one of the richest people in the world, and although his wealth took a hit after the crypto market sank, Zhao still ranks among the 600 richest people in the world. Net WorthĪccording to Forbes, Zhao has a real-time net worth of $10.2 billion as of 11/22/23. Zhao obtained his education from McGill University in Montreal, Quebec, where he majored in computer science. ![]()
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