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Changpeng Zhao, CEO of Binance, the world’s largest and most popular crypto exchange, announced that he wants to donate most of his wealth. Zhao said he didn’t need a lot of money.
Changpeng Zhao, CEO of Binance, the largest crypto exchange serving in many countries around the world, made some statements that would make one wonder how much his wealth is. Talking about both his wealth and the crypto market in an interview with the Associated Press, Zhao replied that he did not “invest much” when asked about what kind of investments he made in his statements.
One of the highlights of the interview was Zhao’s statement about his own wealth. Saying that his economic situation is good and that he does not need a lot of money, Zhao announced that he wants to donate his wealth.
“I plan to donate most of my wealth, as many wealthy entrepreneurs or founders like Rockefeller have done,” he said in a statement. I intend to donate 90, 95 or 99 percent of my wealth.” It is known that Zhao’s personal wealth, using his statements, is $ 2 billion, according to the latest information in Forbes.
Using expressions that he thinks the ongoing general skepticism about cryptocurrencies will change over time, Zhao said that with more people included in this world, a “middle way will be found”. At the same time, Zhao stated that he does not invest in ‘meme’ cryptocurrencies such as Dogecoin, and said that it is not up to him to judge those who buy it.