🫣🫣What is Binance's CZ's current net worth? $BNB

🫣🫣According to the Bloomberg Billionaires List, as of May 27, 2024, Binance founder Changpeng Zhao (CZ) has a net worth of $17.3 billion, ranking 95th.

Binance Chinese registration: https://www.suitechsui.io/join?ref=OFU67AVX

Binance International Registration: https://www.binance.com/join?ref=OFU67AVX

🫣🫣Why is he so rich?

🫣🫣CZ's wealth mainly comes from the following aspects:

* Binance's success: Binance is one of the world's largest cryptocurrency exchanges with tens of millions of users. CZ is the founder and CEO of Binance, so he owns a majority stake in Binance. As Binance's valuation soared, CZ's wealth also rose.

* Bull run in cryptocurrencies: The cryptocurrency market has been experiencing a bull run over the past few years, with prices rising significantly. This has led to a significant increase in the value of CZ's cryptocurrency holdings.

* Other investments: CZ has also invested in a number of other projects, including cryptocurrency startups, real estate, and traditional financial assets. These investments have also contributed to his wealth.

Wealth Shrinkage

🫣🫣 Compared to last year, CZ's wealth has shrunk by $11.8 billion, making him the richest person to lose the most on the Bloomberg Billionaires List. The main reason for the decline in wealth is the sharp drop in the cryptocurrency market, which has caused Binance's estimated revenue to fall by 38%.

🫣🫣 Despite the decline in wealth, CZ is still one of the richest cryptocurrency figures in the world. He owns a majority stake in Binance, one of the world's largest cryptocurrency exchanges.