Changpeng Zhao's Wealth Soars 60% This Year to Nearly $55 Billion, Ranks 25th Globally

Uk Jin

Summary

Changpeng Zhao's net worth increased by 55% compared to last year, reaching $53.3 billion.
Among cryptocurrency figures, Changpeng Zhao recorded the highest asset ranking, placing 25th globally.
This phenomenon occurred as the cryptocurrency market rose.

The combined wealth of the world's 500 richest people has surpassed $10 trillion this year. Among them, some figures from the cryptocurrency sector are included.

According to the Bloomberg Billionaires Index compiled by Bloomberg on the 31st, the net worth of the world's 500 richest people exceeded $10 trillion as of the previous day.

Among the world's 500 richest individuals, figures from the cryptocurrency sector have also made the list. As the cryptocurrency market experienced a bull run last year, their wealth significantly increased.

The individual with the most assets in the cryptocurrency sector was Changpeng Zhao. The net worth of Binance founder Changpeng Zhao increased by 55% compared to last year, reaching $53.3 billion, ranking 25th overall. Additionally, Brian Armstrong, the founder of Coinbase (ranked 241st with $10.8 billion), also made it to the list of the world's 500 richest people.

Meanwhile, the person who topped the list was Elon Musk, CEO of Tesla. Musk's net worth was $432 billion, outpacing Jeff Bezos, founder of Amazon, by about $200 billion.