Changpeng Zhao Net worth And Story
BINANCE CEO Changpeng Zhao Net worth Changpeng Zhao, who goes by CZ, is the founder and former CEO of Binance, the largest cryptocurrency exchange in the world.The Chinese-Canadian coder cut his teeth building high-frequency trading systems for Wall Street's flash boys.Zhao founded Binance in 2017, raising $15 million through an initial coin offering.In 2023, Binance facilitated roughly half of all spot trades processed by centralized crypto exchanges.Zhao pled guilty to U.S. charges of fraud and money laundering in 2023 and awaits sentencing. He retains an estimated 90% stake in Binance.Personal StatsAge47Source of WealthCryptocurrency exchange, Self MadeResidence. Dubai, United Arab EmiratesCitizenship. CanadaDid you knowZhao was born in Jiangsu, China. His father, a professor, was labeled a pro-bourgeois intellect and temporarily exiled shortly after CZ was born.As a teenager in Vancouver, CZ pitched in to cover the household expenses, flipping burgers at McDonald's and working overnight shifts at a gas station