Zhao Changpeng ranks 100th on the 2024 Hurun Global Rich List with a wealth of 130 billion RMB

2024-03-26 15:36:26

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ChainCatcher news, the Hurun Research Institute released the "2024 Hurun Global Rich List" on March 25 (the wealth calculation cut-off date was January 15, 2024), with 52-year-old Elon Musk reclaiming the title of the richest person with a fortune of 1.67 trillion RMB (231 billion USD).

In addition, the Hurun Research Institute noted that since the collapse of FTX, cryptocurrency seems to have made progress. Although Binance was fined over 4 billion USD by the U.S. Department of Justice for money laundering, the wealth of its former CEO Changpeng Zhao has grown to 130 billion RMB (18 billion USD), placing him at 100th on the list. The wealth of Coinbase founder Brian Armstrong and Ripple founder Chris Larsen also increased by 50%, reaching 46 billion RMB (6.4 billion USD) and 24.5 billion RMB (3.4 billion USD), respectively, ranking 475th and 1024th on the list. Upon inquiry, Coinbase board member Frederick Ernest Ehrsam III also appears on the list at 1024th with a wealth of 24.5 billion RMB.

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