Richest Person In Ethnic China: Crypto Rich Rich

Crypto is creating a new set of new money right now and Chanpeng CZ Zhao is accepting his new money in a humble crypto manner. He is known as the founder and CEO of Binance that is the biggest crypto exchange in the world. The company is valued to be worth billions of dollars, adding more value to its company every day, sadly the regulatory authorities are slowing their progress down. But aside that let’s go back to the fact that the CEO is the richest person in ethnic China.

He publicly owns 30% shares of the company, being the founder and CEO, its right for him to own couple shares but rumor has it that he might own more than that. Hmm... that seems right, 30% of his shares on Binance gives him a net worth of $90 Billion. That’s really a lot of money for one person, 🤔 I can’t help but imagine having that amount of money. The most intriguing part of this information is that rumor has it that he owns more than 30% shares in Binance. Some are suggesting 90%, but he doesn’t want to disclose it. So let me get this straight, 30% is worth $90 Billion, and that might be a false information, can you try to calculate how much 90% shares will be worth, that’s like $270 Billion.

If this information is correct then I believe he is definitely the richest person in ethnic China. This amount of wealth means that he is richer than the founder of TikTok. Binance is not just invested in crypto but they also have investments in tech. Rumor also has it that he might just be the richest man in the world. Because aside owning some shares in Binance he also has crypto holdings. I remember reading one of his interviews where he said he sold his house to buy bitcoin in 2013 or so. You don’t expect him to have little quantity of bitcoin. He also owns a lot of the BNB coin which is the Binance native token. This could also mean that he might be the richest man in the world.

Binance is just a baby company that started in 2017, you can see how much wealth someone have been able to accumulate within 4 years. He has made billions of dollars that would last 7 generations. This is great, crypto creating a new set of new money people.

This is great crypto new money kind of rich rich. Have you ever wondered what it feels like to own this amount of wealth? If you were worth this much what do you think you would do with this money.

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