Changpeng
Zhao (CZ) is the former CEO of Binance and a crypto influencer. He was
born in Jiangsu, China, on September 10, 1977. His estimated net worth
is $39 billion. “CZ made Binance the biggest cryptocurrency exchange in
the world.” Despite regulatory barriers, his fearless leadership pushes
blockchain adoption, firming his position as the industry leader.
Education and Career
Changpeng
Zhao moved to Canada from China at a young age of 12 and later pursued a
degree in computer science at McGill University. He started his career
by creating trading systems for the Tokyo Stock Exchange and Bloomberg
Trade book.
In 2005, he established Fusion Systems, creating
software for high-frequency trading. Motivated by Bitcoin, Zhao began
his crypto journey in 2013, becoming part of Blockchain.info and OKCoin.
In 2017, he went on to launch Binance.
With Zhao's work, Binance
rose as the leading crypto exchange globally by trading volume,
processing $2 trillion each year. Despite regulatory oversight, Zhao’s
strategic foresight developed Binance into DeFi, NFTs, and Web3.
Work in Cryptocurrency
Changpeng
Zhao founded Binance in 2017 and went on to advance the fintech world
with its extensive altcoin selection and minimal costs. Binance's
dominance is reflected in Zhao's riches, which include 64 million BNB
(Binance Coin), valued at about $40 billion.
Changpeng Zhao
supports cryptocurrency as a worldwide financial tool and is an owner of
Bitcoin, Ethereum, and other cryptocurrencies. Innovations from
Binance, such as the Binance Smart Chain, strengthened the DeFi and NFT
ecosystems and put them on par with Ethereum. In order to resolve
regulatory concerns, Zhao decided to cap Binance's leverage trading in
2021.
FAQs
What is the net worth of Changpeng Zhao?
Changpeng Zhao's net worth is estimated at $39 billion as of 2025. Most of his income is generated from his Binance and BNB assets.
What exactly is Binance?
Binance is the largest cryptocurrency exchange globally, established by Zhao in 2017.
What makes Zhao a controversial figure?
Binance has encountered regulatory penalties due to insufficient compliance, yet Changpeng Zhao advocates for transparency.
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