Changpeng Zhao: How did I earn 130 billion?
Original: CC. Niya 2024.03.29
The Hurun Research Institute released the "2024 Hurun Global Rich List" on March 25 (the deadline for wealth calculation is January 15, 2024). Elon Musk, 52, is worth 1.67 trillion yuan (231 billion yuan). U.S. dollar) and regained the title of richest man.
Furthermore, Hurun Research Institute writes that cryptocurrencies appear to have moved on since the FTX crash. Although Binance was fined more than $4 billion by the U.S. Department of Justice for money laundering, its former CEO Changpeng Zhao's wealth grew to 130 billion yuan ($18 billion) as interest in cryptocurrencies surged, ranking him at No. 1 on the list 100 people.
Changpeng Zhao (alias CZ) was born in Jiangsu in 1977. He immigrated to Canada with his parents when he was 12 years old. He majored in computer science at university and started his programming career.
After graduating from university, CZ worked as a technical consultant for several companies, mainly designing and developing matching trading order systems. As a programmer, he developed a system for matching trading orders for the Tokyo Stock Exchange, and also served as a technical consultant for Bloomberg in New York. Director, developing futures trading software for it.
Got promoted three times in less than two years. But he was still unsatisfied with the status quo. In 2005, he chose to leave his job and came to Shanghai, where he established his first company, Fuxin Information Technology Co., Ltd., specializing in developing the fastest high-frequency trading system for securities firms.
