From Working Hard to the King of the Crypto World: CZ's Wealth Secrets
From a Working Teen to a Crypto Legend: CZ's Wealth Philosophy and Investment Prophecies
In the world of cryptocurrency, the person closest to a 'myth' is none other than Zhao Changpeng (CZ).
He is the founder of Binance, with a net worth that once exceeded $63 billion, achieved not by luck but through insight and execution step by step.
🧑🏫 Son of a Teacher, Rising to World-Class Wealth
CZ was born into an ordinary teacher's family in Jiangsu and immigrated to Canada, working while studying. His first formal job was at Bloomberg, where he was introduced to the financial system and trading logic. He founded Fusion Systems and later encountered Bitcoin, which changed the course of his life.
🧩 The Rise of Binance: A Combination of Technology and Judgment
He quickly identified the future trend of 'crypto + trading platforms.' In 2017, Binance went live, raising $15 million in just a few days during its ICO. Within six months, Binance became the world's largest exchange, thanks to his precise control over product, efficiency, and trends.
⚖️ Facing Regulation, He Chose to Step Back
Starting in 2023, CZ faced continuous regulatory pressure from the United States, ultimately receiving a four-month prison sentence for anti-money laundering issues. He downplayed it, saying: 'It wasn't a pleasant experience, but I had time to reflect.' He has since stepped down as CEO of Binance and begun investing in AI, biotechnology, and cutting-edge technologies.
🧠 CZ's Investment Philosophy:
1️⃣ Don't chase trends; focus on the future
'Real opportunities come from trends, not hype.'
2️⃣ Choose your track and focus deeply
'Investment is not casting a wide net; it is long-term research and deep involvement.'
3️⃣ Risk control always comes before making money
'Entering in batches and diversifying risks allows you to sleep well, and that is good investment.'
✅ Conclusion:
CZ's success is inseparable from foreseeing trends + patient execution + strict risk control.
He saw the potential in crypto and created Binance.
He is optimistic about AI and is starting to invest early.
He came from McDonald's and now influences the world.
