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Changpeng Zhao, founder and chief executive officer of Binance, pictured here at the Viva Technology conference in Paris, France, on June 16, recently commented in an interview that he doesn’t “really care much about money”. Photo: Reuters
Changpeng Zhao, founder and chief executive officer of Binance, pictured here at the Viva Technology conference in Paris, France, on June 16, recently commented in an interview that he doesn’t “really care much about money”. Photo: Reuters

How Chinese crypto king Changpeng Zhao lost US$77.5 billion: the Binance CEO went from boom to bust amid the bitcoin and NFT crash, but luckily doesn’t ‘really care much about money’

  • With a US$96 billion net worth at the height of his crypto exchange’s success, he was one of the world’s richest men alongside Meta’s Mark Zuckerberg and Google’s Larry Page
  • After attempting to settle in China – which he fled due to the government’s anti-crypto laws – then tax-friendly Cayman Islands, he’s set to move to Dubai in the UAE

Changpeng Zhao, founder and chief executive officer of Binance, pictured here at the Viva Technology conference in Paris, France, on June 16, recently commented in an interview that he doesn’t “really care much about money”. Photo: Reuters
Changpeng Zhao, founder and chief executive officer of Binance, pictured here at the Viva Technology conference in Paris, France, on June 16, recently commented in an interview that he doesn’t “really care much about money”. Photo: Reuters
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