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The Billionaire You Need To Know About — Changpeng Zhao
Born in China 44 years ago, Changpeng Zhao or CZ as he is commonly known did not come from immense riches.
In fact, his father a teacher had gotten in trouble with the authorities in communist China. This led to him being banished to the rural areas before he decided to pack up his family and immigrate to Canada.
It is here that he continued to raise a future force to be reckoned with — Binance founder and CEO Changpeng Zhao.
As a teenager, the future billionaire was flipping burgers at Macdonald’s while working night shifts at a petrol station. At 16, he started to learn about coding.
He studied computer science at McGill University and went on to work for various corporations in Tokyo, Shanghai and New York developing software for their technologies.
During a friendly poker game with his associates, CZ was introduced to Bitcoin and took the time to learn about it. He was so captured by this money revolution that he sold his $1 million Shanghai apartment and poured all the proceedings of this sale to Bitcoin.
After holding the coins for a while, he came up with the idea of forming Binance a company that has in less than a decade grown to be the biggest crypto exchange in the world.
