The CEO and creator of Binance, the biggest cryptocurrency exchange in the world, is Changpeng Zhao, also referred to as CZ.
The Chinese-Canadian business executive is the richest person in Canada and the eleventh richest person worldwide, according to Bloomberg’s Billionaires Index.
Where was Changpeng Zhao born? Ethnicity, Nationality, Family, Education
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Changpeng Zhao is a Virgo who was born on September 10, 1977, in Jiangsu, China. The 44-year-old Canadian national is an Asian-born corporate executive. He graduated from McGill University in Montreal, Quebec, with a degree in computer science.
Zhao was born to Chinese parents in the province of Jiangsu. In China, his parents were also educators. Zhao’s father was exiled shortly after he was born after being labeled a pro-bourgeois thinker.
When Zhao was twelve years old, his family moved to Vancouver, British Columbia, in Canada. As a youngster, he worked several service jobs, including one at McDonald’s, to support his family.
What is the Net Worth of Changpeng Zhao in 2024? Salary, Earnings
Zhao is the richest crypto billionaire in the world, according to Bloomberg’s Billionaires Index, with an estimated net worth of $14.9 billion.
Given that Bloomberg hasn’t included his personal Bitcoin and Binance Coin holdings, Zhao’s net worth may be significantly higher than the amount mentioned above.
With a $14.9 billion value, Binance’s CEO is getting closer to industry titans like Larry Page and Sergey Brin of Google and Mark Zuckerberg of Facebook. His wealth surpasses that of Mukesh Ambani, the richest man in Asia and the twelfth richest person globally.
Quick Facts
| REAL NAME | Changpeng Zhao |
|---|---|
| BIRTHDAY | September 10, 1977 |
| BIRTHPLACE | Jiangsu, China |
| ZODIAC SIGN | Virgo |
| NATIONALITY | Canadian |
| ETHNICITY | Asian |
| PROFESSION | CEO of Binance |
| DATING/GIRLFRIEND | No |
| MARRIED/WIFE | No |
| NET WORTH | $14.9 Billion |
| PARENTS | N/A |
| SIBLINGS | N/A |
Is Changpeng Zhao Single? Relationship
Zhao, 44, would rather keep his private affairs private. Given his age, he looks to be a married father of children. However, there has been no indication of his marriage or parenthood until today.
How tall is Changpeng Zhao? Weight, Hair Color
The founder of Binance is a large man, towering at least five feet six inches tall. He is a medium-built, physically fit man who weighs about 74 kg. He has short black hair and eyes that are dark brown.
How did Changpeng Zhao start his Professional Career?
After graduating from university, Zhao accepted an internship as a subcontractor at the Tokyo Stock Exchange, where he was in charge of creating software that matched trade orders. After that, he worked as a software developer for futures trading for Blomberg Tradebook for four years.
Zhao moved to Shanghai in 2005 and founded Fusion Systems. He started working on several cryptocurrency projects in 2013, such as Blockchain.info. He served as chief technology officer of OKCoin as well.
Zhao established Binance, a cryptocurrency exchange, in July 2017. He made Binance the biggest cryptocurrency exchange in the world in less than eight months. The Binance Smart Chain blockchain network was also introduced by him.
Changpeng Zhao’s estimated net worth as of October 2022 is $14.9 billion.
Career After earning his computer science degree, he worked as a subcontractor at the Tokyo Stock Exchange, developing software for matching trade orders.
By 2013, Changpeng Zhao had started working in the cryptocurrency space, serving as the chief technical officer of OKCoin and making contributions to Blockchain.info.
Later, Zhao established Binance, a company he developed as a platform for on-the-spot exchanges of digital assets and fiat currency.
Starting with a $15 million investment, the company expanded rapidly and in 2017 moved its headquarters from China to Japan due to the Chinese government’s ban on cryptocurrency trading.
Because Binance’s trading volume had become the highest in the world, Zhao was included for the first time on Forbes’ list of The Richest People in Cryptocurrency in 2018.
By late 2021, he had become one of the richest people on the planet, and the media had often drawn comparisons between him and Mark Zuckerberg, the man who founded Facebook.
Even if his wealth started to wane by the middle of 2022, he remained incredibly affluent and gave $500 million to Elon Musk in an attempt to buy Twitter.
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