According to Forbes, Changpeng Zhao has $1,9 billion in assets

​Binance CEO has stated that he intends to give up to 99% of his fortune to charity

17.11.2021 - 12:30

81

1 min

What’s new? Binance CEO Changpeng Zhao stated in an interview with The Associated Press that he intends to give up to 99% of his fortune to charity, as many business tycoons do.

Zhao's interview with The Associated Press

“I do intend to give away most of my wealth, like many wealthy entrepreneurs or founders did from Rockefeller until today. I do intend to give away 90, 95, or 99% of my wealth.”

What is the fortune of the Binance CEO? According to Forbes, he has $1,9 billion in assets. Zhao is the largest shareholder of Binance, which is valued at $300 billion.

Information on the Forbes website

The company's CEO has revealed that he only owns Bitcoin and Binance Coin (BNB). He first bought bitcoins in 2014 and most of his investments are in BNB. Zhao does not hold any other cryptocurrencies to avoid any potential conflict of interest.

Author:

Tatiana Darda Tatiana Darda

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy