In 2021, Hurun China's "Forbes" Chinese Rich List was released. Binance boss Changpeng Zhao beat Zhong Suisui, Zhang Yiming, Jack Ma, Ma Huateng and others to become the richest Chinese, with a total worth exceeding 500 billion yuan.

Zhao Changpeng

In 2022, a piece of news about the "crypto Musk" Zhao Changpeng blowing up the afro of the founder of the FTX exchange broke the currency circle. To use a current Internet phrase, it is: That year, Zhao Changpeng had his hands in his pockets and didn't know what his opponent was.

Later, Afro had no choice but to ask for help from Zhao Changpeng. No one could have imagined that the second best person in the industry would be vulnerable in front of the boss.

Afro

In 1977, Zhao Changpeng was born in Lianyungang City, Jiangsu Province. It is said that birth is the peak. Zhao Changpeng was born in an intellectual family. His parents were both local university professors and he received a good education since childhood.

When he was a teenager, Zhao Changpeng immigrated to Canada with his parents and obtained Canadian citizenship.

Zhao Changpeng

In 2014, Changpeng Zhao, who had a long-term vision and was determined about the future of digital currency, decisively sold his house in Shanghai for US$1.1 million, emptied his assets, invested everything in Bitcoin, and became famous in one battle.

In 2017, Zhao Changpeng, who was already well-known in the currency circle, teamed up with his friends to found the digital currency exchange Binance. With the launch of new currencies, he has since reached the pinnacle of his life and achieved the status of the richest man in China.

Zhao Changpeng

Just last year, when Musk formed a consortium to acquire Twitter, Changpeng Zhao also contributed US$500 million to help Musk win the acquisition battle and became one of Musk's bosses.

However, unlike Zhong Suisui, Zhang Yiming, Jack Ma and others, most of the assets of Zhao Changpeng, the richest man in China, come from virtual currencies. An obvious feature of virtual currencies is that they are extremely volatile, and their value may rise or fall significantly in a short period of time. Coupled with the legality of the currency, many people at home and abroad do not recognize Zhao Changpeng's status.

digital currency

Due to the legal issues surrounding virtual currencies, Changpeng Zhao has been establishing contacts with various countries in recent years. Recently, Hong Kong is opening up relevant systems, and Huobi’s headquarters has been transferred from Singapore to Hong Kong.

I believe that with the implementation of relevant laws, Zhao Changpeng will become the richest man in the world in the future.