Binance CEO follows billionaires like Bill Gates and Rockefeller

On Nov 20, 2021

Binance CEO shared his opinion on the crypto and donation strategy by following the big billionaires like Bill Gates and Rockefeller.

Recently Binance CEO appeared in an interview with the Associated Press on Wednesday. In the interview, Binance CEO Changpeng Zhao shared many types of non-crypto and crypto-related throughs.

Binance CEO Zhao said that he is following the life-living strategy of billionaires like Bill Gates and Rockefeller. And also they will give away his wealth in charity and donation.

Zhao also said that he is financially free and he can live his whole life without any more earning sources. He added:

“I’m financially free. I don’t need a lot of money, and I can maintain my lifestyle in this way.” Zhao said. “I do intend to give away most of my wealth as many wealthy entrepreneurs or founders did from Rockefeller until today. I intend to give away 90, 95, or 99% of my wealth.”

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So, probably there are chances that soon Binance CEO may announce to donate big amounts in different charity organizations or they may work in favour of the needy people.

Currently, the net worth of the Binance CEO is $2 billion through the Binance exchange, a popular crypto exchange of the crypto market. However, Binance CEO’s business is inclined toward crypto but still, he doesn’t own crypto assets except for Binance coin & Bitcoin.

Further, Binance CEO pointed out the problem with the crypto assets. Zhao said that crypto adoption is increasing rapidly but still volatility in crypto keeps people away from adoption. However, many people like pump and pump.

After that, Binance CEO pointed a big problem of the ownership of the assets and claimed that it will be tough for the children to get the funds back, in case if the owner gets died.

” If you suddenly become unavailable, can your kids get it? How do they get it? Are there ways to guarantee they will get it and they’ll get it only after you die?”