Binance, Exchanges

What Is Binance Owner Worth?

Binance is a cryptocurrency exchange that was founded in 2017. The company is headquartered in Malta and has offices in Tokyo, Singapore, and Hong Kong.

Binance is the world’s largest cryptocurrency exchange with a daily trading volume of over $2 billion. The company’s CEO is Changpeng Zhao, who is also the co-founder of OKCoin.

As of 2018, Binance was the world’s seventh most valuable start-up company, with a valuation of $1.3 billion.

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In 2019, Forbes magazine estimated that Changpeng Zhao was worth $2.1 billion.

The majority of Zhao’s wealth is derived from his ownership stake in Binance, which is estimated to be worth $1.9 billion.

Zhao also owns a minority stake in OKCoin, which is estimated to be worth $200 million.

In total, Changpeng Zhao’s net worth is estimated to be $2.

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