Changpeng Zhao Denies $28 Billion Wealth - Coinleaks
Current Date:September 22, 2024

Changpeng Zhao Denies $28 Billion Wealth

Changpeng ZhaoIn his post on Twitter on April 27, BloombergHe said that some of the information about his wealth in the last financial rich list is wrong.

According to Bloomberg’s rich list, Binance CEO Changpeng Zhao should be among the top three financial billionaires worldwide. However, Zhao claims to have much less wealth than is reported by some mainstream media.

Zhao: The Numbers Are All Lies

Binance CEO shared on Twitter that some information about his wealth is wrong.

Zhao shared the following statements: “The numbers are all wrong, I don’t have that much wealth. I don’t know why they did this.” Starting his post with a 4, Zhao implied that his fortune should be somewhere between Dan Gilbert’s $10.4 billion and Uday Kotak’s $13 billion.

Binance CEO is also bankrupt FTXHe said he never saw the stock market as a competitor.

Changpeng Zhao has repeatedly denied information from major mainstream sources such as Bloomberg and Forbes, often calling their reports FUD. In late February, Binance CEO, forbes Responded to an article by Binance claiming that Binance is moving forward with a covert move involving a $1.8 billion transaction in 2022. CZ argued that Forbes does not know how an exchange works.

Earlier, the CEO also denied a Bloomberg report that claimed Binance was considering cutting ties with its US partners.

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