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Home Tech Crypto CEO of biggest crypto exchange has ‘close to 100%’ of net worth...

CEO of biggest crypto exchange has ‘close to 100%’ of net worth in crypto

Document Analysis NLP IA

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1:36
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positive
sentiment

Sentiment0.13131313131313
objective
redaction

Subjectivity0.41493506493506
probably it's an affirmation
Affirmation0.27966101694915

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Key Concepts (and relevance score)

Summary (IA Generated)

Changpeng Zhao, founder and CEO of the largest global cryptocurrency exchange, Binance, and one of the world’s top crypto billionaires, does not own much except crypto.

He noted that various cryptocurrencies like Bitcoin (bitcoin-price-index” rel=”noopener noreferrer”>BTC) now make up nearly 100% of his entire net worth as he does not own any real estate or much fiat holdings.

When asked how much of his net worth is invested in crypto, Zhao said:.

I don’t own any fiat, the physical stuff that I own is probably negligible in terms of my net worth.

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Zhao said that it took him a while to ramp up his crypto portfolio.

“I sold my apartment to buy Bitcoin, and I also quit my job,” he said.

“I hold 0 fiat,” Zhao declared on Twitter in February, stating that he only converts crypto to fiat for payments that can only be made with traditional money.


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