Hurun rich list: Zhao Changpeng's wealth increased by 90 billion yuan compared with last year, reaching 135 billion yuan
According to the Hurun Report WeChat official account, Hurun Research Institute released the "2024 Hengchang Burner · Hurun Report", and former Binance CEO Zhao Changpeng ranked 16th on the list with a wealth of 135 billion yuan.
The article mentioned that although Zhao Changpeng was arrested in California in the last year and paid a total fine of more than 7 billion US dollars, his wealth still increased by 90 billion yuan compared with last year (ranked second in the list of the most wealth growth), reaching 135 billion yuan, mainly because of the increase in the total transaction volume of virtual currencies in the last year, as the price of bitcoin rose by 130% compared with the same period last year to 65,000 US dollars.
In addition, the market value of virtual currency exchange Coinbase has more than doubled from $19 billion to $46 billion. It is reported that Binance's Zhao Changpeng just made the list in 2018 and is now worth hundreds of billions.