Loading...
Zhao Changpeng stated in an interview that the external estimation of his net worth of $114 billion is overestimated, and his actual asset size is about $10 billion to $30 billion. He believes that $10 million is enough to support a comfortable life. Zhao Changpeng revealed that in 2013, he invested all 900000 US dollars in Bitcoin from the sale of a house in Shanghai. Regarding MGX's $2 billion investment transaction in Binance, he stated that the transaction valued Binance at $75 billion and the settlement currency was chosen by MGX independently. Zhao Changpeng is currently no longer involved in the daily operation of Binance and only serves as a passive shareholder. Binance has withdrawn the relevant lawsuit.