đ The Legend of CZ: From Flipping Burger to Crypto King !!
âąHave you ever wondered how the man behind the world's biggest crypto app got started? Changpeng Zhao (CZ) did not start on top.
âąHere is a quick story of his incredible journey:
âąHow he got into crypto:
âąCZ immigrated to Canada as a child and worked at McDonald's to support his family. His crypto journey didn't begin until 2013 during a casual poker game, where a friend told him about Bitcoin.
âąFascinated by the concept of decentralized money, he studied the Bitcoin whitepaper, took a giant leap of faith, and actually sold his Shanghai apartment to move to BTC!
âąHow he built the app:
âąAfter gaining experience as a developer at early crypto startups, CZ found that existing exchanges were slow and clumsy. In July 2017, it raised $15 million through an initial coin offering (ICO) and launched Binance. With a focus on speed, low fees, and an extremely user-friendly mobile app, Binance exploded in popularity.
âąThe real reason it's famous:
âąCZ isn't just famous for its wealth; He is famous for creating the core infrastructure of the modern crypto market. He won the trust of the global community by scaling Binance into the world's largest exchange in less than 180 days, his active engagement with day traders, and his famous catchphrase during market panics: "Funds are safe."
âąNet Worth (Then vs. Now): * The Start: Humble beginnings working minimum wage jobs, eventually risking his only major asset (his apartment) for digital coins.
âąNow (2026): Despite recent regulatory hurdles and stepping down as CEO, CZ retains an estimated 90% stake in Binance and holds a large amount of BNB. His net worth is currently estimated by financial outlets such as Forbes and Bloomberg to be between $60 billion and $88 billion, making him one of the richest people on the planet.
