Who is FTX CEO Changpeng Zhao?

And Changpeng Zhao, its 45-year-old co-founder and boss, has triumphed over a younger, more charismatic rival in Sam Bankman-Fried, the fallen head of FTX. Even after the crypto crash, Mr Zhao’s fortune is estimated at $17bn. Who is crypto’s Teflon Man?

Who owns FTX & Binance?

Sam Bankman-Fried (left), founder and CEO of FTX, and Changpeng Zhao, cofounder and CEO of Binance. Changpeng Zhao, the billionaire cofounder and CEO of Binance, said on Sunday that his cryptocurrency exchange is selling all its remaining tokens of FTX, fellow billionaire Sam Bankman-Fried’s trading platform, that are worth about $580 million.

What happened to Zhao Xiao FTX?

Zhao was in the news in November 2022 when rival exchange FTX faced a liquidity crisis. Zhao at first stopped all trading of FTX’s native FTT token. Then, as FTX’s troubles worsened, Zhao announced that he was in talks with FTX founder Sam Bankman-Fried to acquire FTX.

Who is Changpeng Zhao?

Though his wealth has taken a hit as the crypto market has sunk, 45-year-old Zhao still ranks among the 600 richest people in the world, according to Forbes data, with an estimated net worth of more than $4 billion. Join eToro and get $10 of free Crypto! (US Only) Changpeng Zhao was born in the Jiangsu province of China in 1977.