What did CZ say about the super rich rumors?

CZ speaks out about rumors of having $87 billion in assets. Photo: Bloomberg .

In a status posted on his official account on October 7, Changpeng Zhao (CZ), founder of Binance, denied the information that he owns assets worth 87 billion USD .

According to the shared content, CZ said that the figure of 87 billion USD is "inaccurate" and emphasized that this information is being spread on social networks without any basis. He did not provide a specific number but called on the public and the media to seriously check the source of information before spreading the information.

"I don't believe that's true (too high). I don't think it's important either. I just care about how many people I can help. Let's make this world a little better than before I came along," CZ wrote on social network X.

Rumors of CZ's huge assets have attracted attention in the cryptocurrency community. If the above figures are correct, the founder of the Binance exchange will be among the top 20 richest billionaires in the world. However, when checking the Bloomberg Billionaires Index, CZ is recorded to have a total asset value of about 63.8 billion USD , much lower than the spread figure of 87 billion USD .

CZ denies information that he owns $87 billion in assets on social network X.

The $63.8 billion figure puts CZ in 26th place on the list of richest people, according to Bloomberg .

It’s not uncommon for someone in the blockchain space like CZ to be associated with a huge fortune. In the past, founders and prominent figures in the crypto industry have had to respond to claims of massive wealth circulating online. Checking through independent rankings like Bloomberg is a useful way to compare and clarify the true state of their assets.

On the other hand, CZ’s public denial of the rumors also shows that he is very careful in protecting his personal image. In the field of digital finance, especially crypto assets, trust and transparency are vital factors. Allegations or false information can have a strong impact on both the market value and reputation of the business.

Source: https://znews.vn/cz-len-tieng-ve-tin-don-post1591638.html