Family immigrated to Canada
Born in China, Zhangpeng Chao immigrated to Canada with his family when he was 12 years old. He has a degree in computer science and has done various small jobs during his youth. Desperate to help his family financially, Chao also worked at the world-renowned McDonald’s company during his youth.
After graduating with a degree in computer science, Chao began working as a software architect and became interested in cryptocurrency and began working for related companies.
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Employee to Owner
Chao, who has worked for various companies, started Binance in 2007. Binance, the cryptocurrency exchange company, is said to have changed the life of Chao. The 44-year-old has a net worth of $ 96 billion, according to the Bloomberg Billionaires Index.
He has thus surpassed Mukesh Ambani. India’s Mukesh Ambani has $ 92.9 billion in assets, according to the Bloomberg Index. Rumors are rife that Chao’s real estate value could be even higher. This is because Binance has made huge profits last year alone.
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