The post Amid legal troubles, Changpeng Zhao’s wealth increased by $25B in 2023 appeared on BitcoinEthereumNews.com.

Bloomberg ranked the former Binance CEO as the 35th wealthiest person on the planet, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai. Former Binance CEO Changpeng “CZ” Zhao reportedly added roughly $25 billion to his net worth since December 2022. According to the Bloomberg Billionaires Index as of Dec. 25, CZ had a total net worth of $37.2 billion — a year-to-date increase of $24.6 billion. This change placed the former Binance CEO as the 35th highest-ranked billionaire, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai. Bloomberg reported Tesla CEO Elon Musk took the title of the world’s wealthiest man with a net worth of $232 billion — a 25% decrease from an estimated $340 billion in November 2021. The news outlet reported that Coinbase CEO Brian Armstrong had a net worth of $7.25 billion, with a year-to-date increase of $5.77 billion. Read more Source: https://cointelegraph.com/news/changpeng-zhao-wealth-increased

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Filed under: News - @ December 26, 2023 11:16 pm