Binance CEO And Ex-McDonald’s Employee: Billionaire Holding The World’s Biggest Crypto Fortune Today

With a $96 billion net worth (as per estimates), Binance CEO Changpeng  Zhao’s fortune now exceeds Asia’s richest person, Mukesh Ambani, and  officially rivals several tech titans including Mark Zuckerberg and  Google founders Larry Page and Sergey Brin.

A former McDonalds employee and Chief Executive Officer of the world’s  largest cryptocurrency exchange Binance, he is now the world’s richest  crypto billionaire as well, putting him in the same league with big  names like Elon Musk, Jeff Bezos, Bill Gates, Mark Zuckerberg, Larry  Ellison, and others.

What’s more, Zhao’s actual pool of fortune could be significantly  larger, as the wealth estimate doesn’t even take into account his  personal crypto holdings.

Abu Dhabi Grand Prix, an event that gathers princes, movie stars and even world-famous athletes to a party on Yas Island was held last month. And blending amongst this crowd was a figure charting an unlikely ascent: the crypto market’s pioneer Changpeng Zhao.

Dubbed as ‘CZ’ by the crypto community, Changpeng Zhao has transformed  into a personality that even the royalty in Abu Dhabi are eager to work  with, in order to bring Binance into their country, according to those  in the know of the situation.

In November, Zhao bought an apartment in Dubai as a show of commitment  to the place, he has hosted dinners near the Burj Khalifa, the world’s  tallest building, and on the city’s Palm Jumeirah island: making his  status as the most notable figure in the crypto scene quite apparent.

Occupying 11th place in the Bloomberg Billionaires Index, he’s placed  between Mukesh Ambani, CEO of Indian giant Reliance Industries, at No.  12 and No. 10, Larry Ellison, cofounder of Oracle, who is worth an  estimated $107 billion in accordance with the Index.

Binance saw massive success in the crypto market over the past few  years, but on the flip side, the organization also faces regulatory probes globally. For instance, the U.S. Department of Justice  and Internal Revenue Service is currently investigating Binance  Holdings Limited for signs of money laundering and tax evasion.

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Binance CEO And Ex-McDonald’s Employee: Billionaire Holding The World’s Biggest Crypto Fortune Today