CandleFocus Binance founder CZ made over $25 million per day while in prison, report
2024-10-01
Author: Content Editor
Former Binance chief Changpeng Zhao's four-month prison stay may have been a lucrative career move, with estimates suggesting he may have made billions of dollars personally while serving his sentence. However, there are conflicting estimates on whether CZ actually made money or lost money during his time in prison. Bloomberg estimates that CZ lost money, while Forbes estimates that his net worth increased by at least $3 billion. It is difficult to accurately calculate CZ's net worth due to the opacity of his holdings in privately held companies. Nonetheless, if Forbes' estimates are true, CZ may have gained $25 million per day in personal net worth during his prison term.
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