Forbes estimated his net worth at $1.1 billion in February 2018. He has also increased his holdings since then. This would have been roughly 1,667 Bitcoin, worth $16 million today (Zhao confirmed to Decrypt he hasn’t touched it). Shortly after, Zhao sold his house for $1 million and put it all into Bitcoin, when it was just $600 a coin. Lee told him to put 10% of his net worth into Bitcoin. In 2013, Zhao was playing poker with BTCC Bitcoin exchange founder Bobby Lee in Shanghai, China. He holds mostly Bitcoin and Binance Coin (BNB), the native asset of the Binance exchange, which he owns and operates. Image: Decrypt.īitcoin holdings: At least 1,667 Bitcoin ($16 million)Ĭhangpeng "CZ" Zhao is the first on this list to hold 100% of his assets in cryptocurrency. Changpeng “CZ” Zhao Binance CEO Changpeng Zhao in London. Much like Armstrong, however, Dorsey remains tight-lipped about his Bitcoin bounty-noting in a reply on Twitter that he simply has "enough." But he has been buying more, maxing out his Bitcoin buys on Cash App. Since then, Dorsey has suggested Bitcoin could become the currency of the internet, and even dubbed its whitepaper "poetry." Twitter CEO and Bitcoin evangelist, Jack Dorsey, has been enamored with Bitcoin for many years-even going as far as to facilitate Bitcoin's purchase into his payments company, Square, in 2018. Which might explain his reputation as an altcoin-believer rather than a Bitcoin maximalist. The exchange boss remains reticent about his holdings, Fortune reported that he owns more Ethereum than he does Bitcoin. Armstrong founded Coinbase In 2012 at the time, Bitcoin was a mere $10. As the founder of Coinbase-unlike previous entrants-he was exposed to Bitcoin earlier than most. It's perhaps not all too surprising that Armstong makes this list. "I am not a hard-money nor a crypto nut," he wrote, "At the end of the day, the best profit-maximizing strategy is to own the fastest horse… If I am forced to forecast, my bet is it will be Bitcoin." Brian Armstrong Coinbase CEO Brian Armstrong. Within a letter to shareholders, he argues that Bitcoin is a hedge against coronavirus-led inflation. However, Jones went a step further with his newfound appreciation. In May, during an interview with CNBC, Jones remarked that he holds "one percent" of his total assets in Bitcoin. Wall street luminary turned Bitcoin advocate Paul Tudor Jones counts the few Bitcoin newcomers on this list. Image: Twitter.īitcoin holdings: 1-2% of his portfolio (almost 2 BTC, worth under $19,350) That's all the Bitcoin I own right now." Paul Tudor Jones Paul Tudor jones now owns Bitcoin. "I'm fine with that, right? I think we've brought in $130. said Cuban, speaking on the Pomp Podcast. "Now we're taking Bitcoin-please, go buy everything in Bitcoin. The entrepreneur came into Bitcoin due to a partnership between the Dallas Mavericks and Bitcoin processor, Bitpay. The man who famously noted that he'd rather " have bananas than Bitcoin," recently revealed that he owns around $130, in the cryptocurrency. Investor, Dallas Mavericks owner and crypto-cynic Mark Cuban is, strangely enough, a new addition to the world of Bitcoin billionaires. We execute and adjust.$0.172169 32.39% Terra Classic (Wormhole) “Lastly, don’t ask me about a plan,” concluded CZ. Musk’s new subscription verification plans are one step toward solving this problem. Spam bots are especially common in Twitter’s crypto community, where they promoted countless scams while posing as influencers every day. Binance plans to help Twitter address key issues – including ridding the platform of its bots. The CEO also heavily uses Twitter himself and believes in the idea of investing in the platforms one personally uses.įinally. Next, CZ said Binance could be a reliable provider of liquidity in case Twitter wants to integrate with the Web3 ecosystem. Musk has already established plans to require a subscription to Twitter Blue for $8 per month to stay verified on the platform. When Musk made his first $44 billion offer in an SEC filing in April, he said Twitter had “tremendous potential,” and that he would “unlock it.” CZ agrees with this, stating that Twitter “has not had a proper business model yet.” He’s still amid large-scale layoffs across the entire company. Only a week at the helm, Musk has already fired all of Twitter’s executives and former directors. The new Twitter CEO is also the head of Tesla and SpaceX, and the wealthiest man on the planet. Changpeng Zhao (CZ): Source: CNNĬZ also said Binance supports entrepreneurs – such as Elon Musk. Roo's All-In Giveaway, $300,000 in Prizes!ĬZ emphasized that Binance is invested in the cause, rather than the money, since free speech is a “pre-requisite” for crypto’s free money promise.
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