The CEO of Binance rose to the ranking of the richest people in the world

The CEO of Binance rose to the ranking of the richest people in the world

By Bloomberg’s estimate, CZ ranks just behind Oracle co-founder Larry Ellison, whose net worth currently leads at $ 11 billion. Although this is the first time that Bloomberg has estimated CZ’s fortune, Binance’s growth trajectory points to the possibility of surpassing tech CEOs like Meta’s Mark Zuckerberg and Google co-founders Larry Page and Sergey Brin.

Today, Zuckerberg, Page and Brin rank 5th, 6th and 7th, respectively, while Tesla CEO Elon Musk tops the list of billionaires with an estimated fortune of $ 263 billion.

Data from Cointelegraph Markets Pro and TradingView confirm that the price of BNB has appreciated more than 1,300% in the last year alone. If calculated, CZ will become the first crypto entrepreneur to enter the top 10 billionaires list.

Binance’s success globally can be attributed to Zhao’s continued efforts to obtain operating licenses in all jurisdictions around the world. Despite regulatory hurdles, Binance maintains a streak of partnerships and acquisitions to remain a leader in the cryptocurrency trading space.

Binance is the world’s leading cryptocurrency trading platform by a clear margin. According to CoinGecko, it processed $ 11.5 billion in trading volume over the last 24 hours. The closest rival exchange in terms of daily volume is OKEx with less than half at $ 4.4 billion. US exchange giant Coinbase ranks fifth in current daily volumes at $ 2.8 billion.

Source From: Ambito

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