Key Takeaways
CZ says personal wealth is not his primary motivation for continuing to work
He distinguishes Binance’s assets from his personal net worth
CZ emphasizes contribution, community, and long-term societal impact as key drivers
Responding to a question from Binance users about why he continues working despite having achieved financial success, Changpeng Zhao said his motivation is not centered on money, but on long-term contribution and purpose.
During a recent AMA, CZ clarified that Binance’s assets should not be conflated with his personal net worth, noting that while he is financially comfortable, wealth is not what drives his decisions.
“I’m comfortable in life, but don’t confuse Binance’s assets with my net worth,” CZ said.
Contribution Over Financial Incentives
CZ explained that his continued involvement in work and projects is rooted in what he described as “selfish reasons,” referring to the intrinsic reward of contributing to the future, society, and broader communities.
According to him, meaningful contribution — to family, community, and long-term societal progress — is a core personal value. He added that his goal is to leave the world better than it was when he entered it, describing this sense of purpose as deeply fulfilling.
Finding Meaning Beyond Business
CZ said he values simple pleasures in life and considers himself fortunate, noting that having sufficient resources allows him to make a positive impact. He also emphasized that age remains a factor in his willingness to stay active.
“I’m not too old yet, so I can still contribute,” he said.
He added that Binance continues to perform well without his direct involvement, which gives him greater freedom to pursue other meaningful initiatives outside the company.
Balance Between Life and Purpose
While acknowledging interests such as snowboarding, CZ noted that leisure alone is not fulfilling on a daily basis. He said he still feels the need to engage in meaningful work and projects that create long-term value.