CZ exposes Bloomberg's report on his 28.2 billion dollar assets

Binance-CEO Changpeng „CZ“ Zhao ist reich; Also, mega-reich. Aber er ist einfach nicht so reich, wie Bloomberg denkt, zumindest hat er das gesagt. Aber obwohl er einer der reichsten Männer der Welt ist, ist er weit davon entfernt, das Vermögen anderer Milliardäre der Technologiebranche zu erreichen, im Gegensatz zu Bloombergs ungenauen Behauptungen. Am 27. April erklärte der CEO von Binance, der weltweit größten Kryptowährungsbörse, dass sein Vermögen bei weitem nicht die 28,2 Milliarden US-Dollar erreicht, die Bloomberg in seinem Bericht über die reichsten Unternehmer des Jahres 2023 behauptet. Laut CZ weichen die von Bloomberg am 25. April in einem Bericht …
Binance CEO Changpeng "CZ" Zhao is rich; So, mega-rich. But he's just not as rich as Bloomberg thinks, at least he said that. But even though he is one of the richest men in the world, he is far from reaching the assets of other billionaires in the technology industry, in contrast to Bloomberg's inaccurate claims. On April 27, the CEO of Binance, the world's largest cryptocurrency exchange, said that his assets are far from reaching the $ 28.2 billion that Bloomberg claims in his report on the richest entrepreneurs in 2023. According to CZ, the Bloomberg on April 25 in a report ... (Symbolbild/KNAT)

CZ exposes Bloomberg's report on his 28.2 billion dollar assets

Binance CEO Changpeng "CZ" Zhao is rich; So, mega -rich. But he's just not as rich as Bloomberg thinks, at least he said that.

But although he is one of the richest men in the world, he is far from reaching the assets of other billionaires in the technology industry, in contrast to Bloomberg's inaccurate.

On April 27, the CEO of Binance, the world's largest cryptocurrency exchange, said that his assets are nowhere near the $ 28.2 billion that Bloomberg claims in his report on the richest entrepreneurs in 2023.

According to CZ, the statistics published by Bloomberg on April 25 on April 25, entitled "25 Financial Titans, which have become at the top of the list within the last decade"

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everyone pays wrong. I don't have as much. I don't know why they are doing this. 🤷‍♂️

In addition, I never considered FTX as rivals. We welcome more (well -guided) exchange in the room. pic.twitter.com/xfa31rzp7t

- cz 🔶 binance (@cz_binance) 27. April 2023

Bloomberg claims that CZ earns $ 12 billion a year.

Changpeng Zhao explained that Bloomberg's claim was far from the truth. Although Binance is the largest stock exchange in the world and over 50 % of the cryptoma market transactions, your annual income does not come close to the $ 12 billion registered by Bloomberg.

"ZHAO worked on trading systems before founding Binance, which, according to Bloomberg, has an annual turnover of over $ 12 billion on April 5."

Although CZ is far from appearing in the top 10 richest men in the world, his humility aroused the attention of some social media users in the discussion of his wealth, the pointed out that "humility is the key to growth".

other users suggested that his assets could "darken" that of Elon Musk or Vladimir Putin, which CZ replied that this was impossible, since the assets of these people, although the crypto industry is booming, is 100 times larger than his, if not more.

Under no circumstances. I am a small potato in a small (but growing) industry. These boys are 100 times larger or more.

- cz 🔶 binance (@cz_binance) 27. April 2023

It is worth noting that, according to real-time tracking of Forbes, Zhaos is $ 10.5 billion, which is much less than half of what Bloomberg reports.

CZ did not consider FTX as a Binance rival

In addition to the exposure of the bloated, the Bloomberg reported on his assets, CZ pointed out that he had never seen FTX as rivals, as Bloomberg claimed. CZ argues that he has always welcomed all the stock exchanges that work properly in the crypto room.

As Anthony Scaramucci explained at Consensus 2023 today, CZ was not the one who caused FTX's demise; It was his former CEO, Sam Bankman-Fried, who took part in inappropriate practices, which he himself regarded as a betrayal of her friendship and the way in which they were running.

The controversy between Binance and FTX worsened after the announcement that Binance would liquidate 100 % of its FTT stocks. Shortly thereafter, a bankrunal reduced the price to such an extent that the company could no longer process withdrawals. Binance then announced talks to take over FTX to take a back only a few days later - a step that many, including SBF, regarded as a final signature under the death sentence of FTX.

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