2022-10-26
Who is the richest crypto billionaire?
The richest billionaire in crypto is Binance’s co-founder and chief
executive officer, Changpeng Zhao. Also known as CZ for short.
CZ’s net worth estimated at $17 billion. forbes.com estimates
that CZ own roughly 70% of Binance shares.
CZ heard the name Bitcoin from his friends that were talking about
Bitcoin. He was fascinated by the idea of money of the internet.
CZ read the whole Whitepaper of Bitcoin written by Satoshi Nakamoto.
He became convinced that cryptocurrency is going to be a huge future. He
founded cryptocurrency exchange, Binance.
Binance dominates 53% of all cryptocurrency trade on spot and
derivatives. Binance has daily trading volume of $44 billion. Binance own various
businesses in crypto industry including exchanges, DeFi, and Binance coin.
Making Changpeng Zhao the richest person in crypto.