From Struggling Worker to King of the Crypto World: CZ's Wealth Secrets
From a working teenager to a crypto legend: CZ's wealth philosophy and investment predictions
In the crypto world, the person closest to a 'myth' is none other than Zhao Changpeng (CZ).
He is the founder of Binance, with a peak net worth of over $63 billion, achieved not by luck, but through insight and execution step by step.
🧑🏫 Son of a Teacher, Rising to a World-Class Billionaire
CZ was born into an ordinary teacher's family in Jiangsu, and after immigrating to Canada, he worked while studying. His first formal job was at Bloomberg, where he got exposure to financial systems and trading logic. He founded Fusion Systems and later encountered Bitcoin, which turned his life around.
🧩 The Rise of Binance: A Combination of Technology and Judgment
He quickly pinpointed the future trend of 'crypto + trading platforms.' Binance launched in 2017, raising $15 million in just a few days of its ICO. Within six months, Binance became the world's largest exchange, driven by his precise control over product, efficiency, and trends.
⚖️ Facing Regulation, He Chose to Step Back
Starting in 2023, CZ faced increasing regulatory pressure in the U.S., ultimately receiving a 4-month sentence for anti-money laundering issues. He downplayed it: 'It was not a pleasant experience, but I had time to reflect.' Now he has stepped down as Binance CEO and is focusing on AI, biotechnology, and cutting-edge technology.
🧠 CZ's Investment Philosophy:
1️⃣ Do not chase trends, position for the future
'Real opportunities come from trends, not hype.'
2️⃣ Choose your lane and focus on penetrating it
'Investing is not casting a net, it's long-term research and deep involvement.'
3️⃣ Risk control always takes precedence over profit
'Gradually entering the market and diversifying risks allows you to sleep well, that's a good investment.'
✅ Conclusion:
CZ's success is inseparable from foresight of trends + patient execution + strict risk control.
He saw the potential in crypto and created Binance.
He is optimistic about AI and has started to invest early.
He came from McDonald's and now influences the world.
📌 If you want to achieve a leap in the next cycle, remember his advice: Don't chase trends, stand above them in advance.