Binance founder, Changpeng Zhao gains $8.42 billion in 72hrs

Binance's CEO, Changpeng Zhao, has seen his wealth surge, now estimated at almost $50 billion after an $8.42 billion increase, making his 2024 gains $13.9 billion. Binance's stock climbed from $549.19 to $554.30 in just a few days, amplifying Zhao's fortune from $39.9 billion to $48.3 billion.

Drawing from his major stake in Binance, the globe's top crypto exchange with 150 million users and a hefty $9.8 billion revenue from trading volumes, Zhao's financial success mirrors Binance's market dominance.

March 2024 saw Zhao's net worth jump by $11 billion, echoing Binance's growth and its pivotal role in the dynamic crypto landscape. Zhao isn’t just about Binance globally; he owns a significant share in Binance.US, valued at $4.7 billion.

Despite facing legal hurdles and shifting to a crypto-only model due to SEC scrutiny, Zhao's influence in the financial technology sphere remains unshaken, underscoring a journey of robust growth and resilience.

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