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24.12 - 20:55
Perhaps Binance’s CZ Isn’t World’s Richest Ethnic Chinese Person After All – Report
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Just over a week after a major Chinese media outlet claimed that the BinanceFounder and CEO Changpeng “CZ” Zhao is the richest ethnic Chinese person alive, another report has surfaced questioning the logic of the original report.
In an article published by the media outlet Yijian Finance, the integrity and reliability of Caijing Magazine’s original post on the subject were called into question.
As reported, Caijing Magazine published a Weibo post at the end of November featuring a “top 5” rich list of the wealthiest Chinese people alive – with Zhao topping the list by virtue of the fact that Binance’s stock was thought to be worth so much.
Quoting data from unnamed “insiders,” as well as previously published information from Forbes that
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