Binance CEO Changpeng Zhao appeared at Blomberg’s New Economy forum recently. In recent weeks the Binance chief has appeared on CNBC and Blomberg TV and has spoken with the Associated Press as stated by coinmarketcap news.
One of the most personal and telling moments in the interview came when the host suggested that CZ was one of the most wealthy people in the world.
He showed a great humility with his response:
“I’m not sure about that to be honest, and also I don’t really care about wealth or money and the [rich list] rankings,”
BSC News previously reported the c-level executive plans to give away the bulk of his wealth during his lifetime.
“I don’t need a lot of money, and I can maintain my lifestyle in this way. I do intend to give away most of my wealth, like many wealthy entrepreneurs or founders did from Rockefeller until today,” said CZ to the Associate Press last week. “I do intend to give away 90, 95 or 99% of my wealth.”
He also hinted that he intends to reduce the fees if Binance users in the future
“We can actually think of charging even lower fees – we’re actually thinking about that right now,” he said. “I do not believe in maximizing profits, I also do not believe in maximizing shareholder value in the short term. I believe in growing the industry, providing the best value for our users and then we’ll grow and long term we actually maximize the shareholder value,” he explained.
Source: Coinmarketcap news
