Cryptocurrency

He beats them all: Binance CEO richer than all the ‘Bitcoin-billionaires’, holds a fortune of 2.6 billion dollars

According to the global Hurun list of Wealthy 2020 Binance CEO Changpeng Zhao is the richest “Bitcoin billionaire” in the world.
We think of the wealthiest people in the crypto currency industry, the most equal to the Winklevoss twins in the sense. The brothers, who are often referred to as “Bitcoin billionaires”, have since June 2019 approximately 1.45 billion dollars in crypto-Assets. Another Person, however, is much more prosperous, and now leads the global ranking list.

Binance CEO is at the top of the list with crypto money-Rich

According to the global Hurun list of the Rich for 2020 Changpeng Zhao is the richest “Bitcoin billionaire” in the world, with an estimated net worth of 2.6 billion dollars. The founder of Binance has risen in the past year due to the success of its stock quickly to the top.
The many financial products that has brought Binance in the past year – from the Margin Trading, to Futures products – have made the stock market founder no doubt even richer than he was previously.

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Even more shocking is that Zhao’s assets to be net in just one year doubled. The list, according to the net assets of the Binance fraud-founder in the past year alone $ 1.3 billion. The second richest “Bitcoin billionaire” is Bitmain-co-founder Zhan Ketuan has at the end of January 2020, the net assets of about $ 1.6 billion.

Exchange-listed, in spite of criticism of record profits

Employees of Binance and Zhao even have complained about how “unfair” the media would have handled the exchange.
Zhao has repeatedly spoken of Fake News, and is even of the opinion that there should be an “Anti-FUD-Fund” that would seem to be by Justin Sun and self-managed. Recently, the Binance CEO even called for the regulation of all the news about crypto currencies.
Binance has attacked journalists and media companies in the past already aggressive, although the Exchange continued to make record profits. Recent media reports indicate that Binance is not resident in Malta. In particular, this news has caused tensions, with Zhao a hoax speaks.
However, we still have no idea where Binance really has its seat.
It is unfair that Zhao is critical of the legitimate coverage on the time of his Exchange, as well as never. It is now also much more difficult to take the complaints of Binance on the media, seriously – now, since we know that Zhao’s has doubled its assets in less than a year.
All in all, it seems that the stock market is not going well – perhaps we should let the journalists in their work, because obviously the News will have no impact on the operating result of Binance.

About the author

Eve Manning

A native Texan, Eve first started out as a Finance Analyst and later realized that her true passion was not in trading but in writing. She leverages her experience in the Finance industry to analyse and write in-depth news articles covering the Cryptocurrencies, Economy & Finance industries.

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