Binance founder CZ’s fortune gets slashed $12B, while SBF is still at $0 By Cointelegraph
October 27, 2023
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© Reuters.
Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.
On Oct. 26, the Bloomberg Billionaires Index cut Binance’s revenue estimates by 38% amid a slump in exchange volumes, which knocked Zhao down to 95th place on the rich list.
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© Reuters.
Binance co-founder and CEO Changpeng “CZ” Zhao has seen his net worth slashed by $11.9 billion amid falling trading volumes at his exchange.
On Oct. 26, the Bloomberg Billionaires Index cut Binance’s revenue estimates by 38% amid a slump in exchange volumes, which knocked Zhao down to 95th place on the rich list.
Continue Reading on Cointelegraph
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