CZ reportedly holds 64% of BNB supply
Author: Sahil Thakur
Written On: Sat, 15 Jun 2024 07:38:45 GMT
In a recent report, Forbes claimed former Binance CEO Changpeng ‘CZ’ Zhao to be the 24th richest man in the world. This comes as a result of CZ reportedly holding 64% of $BNB , which amounts to $56 billions.
- The report also states that he owns an approximate 90% stake in the Binance exchange.
- CZ holds 64% of $BNB supply, which is around 90 million tokens.
Despite CZ stepping down as CEO and currently serving a prison sentence, $BNB reached an all time high of $720 earlier this month on the 9th of June 2024. $BNB has returned 1,497,749% since it launched as an initial coin offering in 2017.
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