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Binance founder sold his apartment for 900 thousand $ and bought 1500 bitcoins in 2014... Today the value of his investment exceeds $ 167 million
Changping Chao, aka CZ and founder of Binance, sold his apartment in 2014 for about $900 thousand and invested the entire amount to buy 1,500 units of bitcoin, which was only $600 then. His mother thought he was making a grave mistake and described him as a 'stupid boy'.
Today, the investment is worth more than $167 million, while the apartment sold value did not exceed $1.5 million—just a fraction of its current wealth. This decision was the starting point that enabled the establishment of Binance, which has become one of the largest cryptocurrency trading platforms in the world.
Source : Binance.
