• Binance CEO Changpeng Zhao ‘CZ’ recently featured on the Bloomberg Rich List with a purported $28.2 billion fortune
• CZ responded to this entry by saying it was all wrong and that his personal fortune is much less than what was claimed
• He urged people to link to his January tweet in response to FUD, fake news, and attacks when he tweets „4“ in the future
Binance CEO Featured On Bloomberg’s Rich List
Binance CEO Changpeng Zhao (CZ) was recently featured on the Bloomberg Finance Rich List with a purported $28.2 billion fortune. The list ranked him third behind Citadel’s Ken Griffin at $35 billion and Jeff Yass of Susquehanna International Group — said to be worth $33.1 billion.
CZ Refutes His Forbes Ranking
In response to his entry, CZ tweeted „4“, which signifies ignoring fear, uncertainty, doubt (FUD,) fake news, and attacks — as set out in a January tweet in response to a period of sustained criticism, particularly over rumors of insolvency. He further clarified that the numbers were all wrong, and that his personal fortune is much less than what was claimed by Bloomberg. Additionally, he corrected their supporting text which stated Binance had an annual turnover of more than $12 billion and that FTX had been its rival — both claims being inaccurate according to CZ’s own statement.
Bloomberg’s Description Of CZ’s Journey To Becoming Binance CEO
The list included details about CZ’s journey from working at Tokyo-based software company Bloom Solutions to becoming the world’s largest crypto exchange executive at Binance. It also highlighted increased regulatory scrutiny following the collapse of “rival exchange FTX” — subsequently confirmed as untrue by CZ himself.
CZ Urges People To Link To His Twitter Post In Future
In order for people not fall victim to FUD or fake news surrounding him or Binance, CZ requested people link back to his January post when he tweets „4“ in the future instead of believing false reports without verifying them first-hand.
To conclude, while it appears uncertain how accurate Forbes‘ ranking of him may have been due to lack of evidence either way; nonetheless it has brought attention back onto cryptocurrency again after a period of relative quietness since Bitcoin’s halving event last month – something many will view as good news overall for digital assets‘ future prospects worldwide!