|Alma mater||McGill University|
|Known for||Founder and CEO of Binance|
|Net worth||US$1.9 billion|
Changpeng Zhao (Chinese: 赵长鹏; pinyin: Zhào Zhǎngpéng), commonly known as "CZ", is a Chinese-Canadian business executive. Zhao is the founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of April 2018. Zhao was previously a member of the team that developed Blockchain.info and also served as chief technology officer of OKCoin.
Early life and education
Zhao was born in Jiangsu province, China. In the late 1980s, he moved with his family to Vancouver, British Columbia, Canada. His father was a professor in China before he was branded "pro-bourgeois intellect" and exiled from his country. In his teenage years, Zhao helped support his family by working a number of service industry jobs which included being a McDonald's employee.
After college, Zhao began working for the Tokyo Stock Exchange, developing software for matching trade orders. He also worked at Bloomberg Tradebook where he was a developer of futures trading software.
In 2017, Zhao left OKCoin to start a cryptocurrency exchange called Binance. He launched the company in July 2017, following a $15 million funding raised during an initial coin offering. In less than eight months, Zhao grew Binance into the world's largest cryptocurrency exchange by trading volume, as of April 2018. In February 2018, Forbes Magazine placed him third on their list of "The Richest People In Cryptocurrency". As of 2021, his net worth is estimated at $1.9 billion.
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- Ambler, Pamela (February 28, 2018). "From Zero To Crypto Billionaire In Under A Year: Meet The Founder Of Binance". Forbes. Retrieved 2018-03-08.
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