Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, responded to a follower who claimed that he would be the richest person in the world in 5 years. CZ shared the coins in his crypto portfolio and their rates.
Changpeng Zhao’s portfolio: 99% BNB, 1% BTC
cryptocoin.com As you follow, Binance CEO Changpeng Zhao said that he keeps all his money in crypto, except for the cash he needs. A follower on Twitter described CZ as the best investor in the world. She later shared her dream of making the same investment as him. CZ’s follower used the following statements:
Imagine making the same investment as the world’s best investor ‘cz_binance’ and BNB is the world’s best exchange cryptocurrency and the world’s best Blockchain cryptocurrency!!! I think CZ will be the richest person in the world in 5 years.
My holdings: 99% #BNB and 1% in #BTC.
— CZ 🔶 Binance (@cz_binance) August 1, 2022
Changpeng Zhao did not remain silent on this tweet and proportionally shared his crypto portfolio. Binance CEO announced that 99% of his portfolio is BNB, which is his own exchange token, and 1% is the leading crypto Bitcoin (BTC).
At press time, Bitcoin is trading just over $23,000, down 3.15% on a daily basis. The leading crypto is up 4.25% on a weekly basis. According to CoinMarketCap data, BNB, which is 5th in terms of market value, is changing hands at $281. The altcoin lost 2.70% on a daily basis, while gaining 10.68% on a weekly basis.
The story of Binance CEO and the stock market
Changpeng Zhao is the founder and CEO of Binance. In 2001, Zhao joined Bloomberg as head of trade book futures development. He spent four years at the company and later joined Fusion Systems as a partner. Since 2013, Changpeng Zhao has been actively interested in Blockchain technology and cryptocurrencies. He became head of development in Blockchain and founded BijieTech in 2015. In 2017, Zhao officially launched Binance and has been the CEO of the company ever since.
Launched in July 2017, Binance is the world’s largest cryptocurrency exchange by daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activities globally. The idea behind Binance’s name is to demonstrate this new paradigm in global finance. Besides being the world’s largest cryptocurrency exchange, Binance has launched a full ecosystem of functionality for its users. Binance Network harnesses the powers of Blockchain technology to bring new age finance all over the world. BNB is an integral part of the successful operation of many Binance subprojects.
