CZ's net worth grew by $25 million a day while serving his sentence

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CZs net worth grew by $25 million a day while serving his sentence - image 9

The story of Changpeng Zhao, the founder and former CEO of crypto exchange Binance, once again demonstrates the paradox of the modern world. Despite the fact that the entrepreneur spent four months in prison on money laundering charges, his fortune, according to Forbes, increased by an impressive $3 billion.

According to analysts’ calculations, Zhao “earned” an average of $25 million per day while behind bars. This sounds incredible, but it is explained by the fact that his assets, primarily his stake in Binance, continued to grow even in his absence.

03.10.2024, 12:39
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25.05.2025, 08:06