December 11, 2023

Binance CEO is ready to donate his fortune to charity

Binance CEO is ready to donate his fortune to charity

Changpeng Zhao, CEO of the world's largest crypto exchange Binance, is ready to abandonall your ownstates.

In a howling interview, Changpeng Zhao said:

I sincerely intend to give most of myfortunes, as many other successful entrepreneurs have done from the Rockefeller era to the present day. I am ready to give 90, 95 or 99% of my fortune.

For the first time, the CEO of Binance announced his intention to donate his assets. 

The Binance founder insists that he has achieved financial freedom and does not require substantial income to sustain his existing lifestyle.

Changpeng Zhao also revealed that he owns everythingtwo cryptocurrencies: bitcoins (BTC) and Binance Coin (BNB). Zhao mentioned that he does not invest in other currencies and does not own stakes in companies other than Binance.

Forbes magazine estimated Zhao's net worth as of March 2021 at around $2 billion. 

However, given Binance's $ 300 billion valuation, many experts believe that the CEO's real fortune could be over $ 200 billion as a major shareholder in the company.

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