Who is the richest crypto entrepreneur in the world with a net worth of US $ 96 billion?

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Zhaos’ net worth rivals the wealth amassed by tech billionaires Elon Musk, Jeff Bezos, Bill Gates, and Mark Zuckerberg. On the list, Zhao comes right behind Larry Ellison, co-founder of Oracle, whose net worth currently stands at $ 109 billion.

Binance generated at least $ 20 billion in revenue last year, according to a Bloomberg report. However, he faced reconciliation issues with global regulators.

In December 2021, Binance announced that it would close its digital token exchange in Singapore. The company’s subsidiary, Binance Asia Services, had withdrawn its application to the Monetary Authority of Singapore (MAS) for a license to operate a regulated cryptocurrency exchange in the country. Binance.sg is ending operations and will close on February 13.

Zhao was born in China’s Jiangsu Province. When he was 12, his family moved to Vancouver, Canada, where he held various odd jobs to keep his family afloat, including returning burgers to McDonalds.

He studied computer science at McGill University in Montreal and then landed finance jobs in Tokyo and New York. He discovered crypto during a poker game with Bobby Lee, CEO of BTC China and investor Ron Cao, then founded Binance in 2017.

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