How CZ Went From $100 Million To $100 Billion In 5 Years

Nowadays, crypto has become so large that Bitcoin's market cap is higher than most companies in the world. Considering this, the larger risk now is arguably having no exposure to cryptocurrencies. However, if you're looking to buy crypto, you're most likely going to have to go through a brokerage like Coinbase, and with all the fees they charge, there's no doubt that they're making a killing. The biggest brokerage in the world in terms of daily volume is Binance and its founder is a man named Changpeng Zhao or CZ. For about a year now, people have been speculating that CZ is extremely wealthy, as in worth tens of billions, but since Binance isn't a public company, we were never able to estimate his net worth that accurately. However, Bloomberg and Forbes recently analyzed the company's financials and suggest that CZ was worth $90 to $100 billion at the peak. Just 5 years ago though, CZ wasn't even worth $100 million. This video explains the rapid rise of Changpeng Zhao and how he became the world's richest crypto billionaire.

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Timestamps:
0:00 - CZ
0:58 - Early Life
2:46 - Fusion Systems
4:40 - All In
6:33 - Binance
8:20 - Rough Waters
10:05 - Binance Today

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Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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