Binance Founder CZ Gained $12B Overnight When Trump Won And Now Shares His Future Plans After Prison
When Donald Trump clinched victory in the U.S. presidential election, the world of cryptocurrency lit up significantly. Apart from Elon Musk, one of the biggest winners of the night was Binance founder Changpeng Zhao, better known as CZ.
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Almost instantly, according to Bloomberg, CZ’s net worth skyrocketed by $12 billion, bringing his total net worth to an estimated $53 billion. The jump in crypto prices, triggered by Trump’s win, gave the billionaire a major boost after a year filled with legal troubles and a stint in prison.
CZ made his first public appearance recently at a massive event in Dubai, where fans greeted him like a superstar. Even though he’s fresh out of prison, CZ isn’t planning to return to the driver’s seat at Binance anytime soon – and he’s okay with that.
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