Changpeng Zhao
$78.8B
Born
Feb 05, 1977
Age
48
Source of Wealth
Cryptocurrency exchange
Residence
Dubai,
Citizenship
Canada
Marital Status
Children
0
Education
- Changpeng Zhao, who goes by CZ, is the founder and former CEO of Binance, the largest cryptocurrency exchange in the world.
- The Chinese-Canadian coder cut his teeth building high-frequency trading systems for Wall Street's flash boys.
- Zhao founded Binance in 2017 and still owns an estimated 90% of the exchange plus a stash of its BNB tokens.
- In November 2023, Zhao stepped down as Binance's CEO as part of a sweeping settlement with U.S. authorities.
- Zhao pleaded guilty to failing to maintain an effective anti-money laundering program, paid a $50 million fine and served four months in prison.
- He was pardoned in October 2025 by Donald Trump, whose crypto businesses have had extensive dealings with Binance.
- Zhao was born in Jiangsu, China. His father, a professor, was labeled a pro-bourgeois intellect and temporarily exiled shortly after CZ was born.
- As a teenager in Vancouver, CZ pitched in to cover the household expenses, flipping burgers at McDonald's and working overnight shifts at a gas station.
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