CEO of Binance might have been hit harder than we thought because of the market crash

CEO of Binance Changpeng Zhao's Luna investment of about $3 million which peaked at $1.6 Billion dollars came crashing down to just worth $3000. He also had some(a lot) of UST staked too.

Changpeng now also holds the title for Losing the most money in History from $97 billion to just $11 billion

$97 billion

Fast forward to the present.

A combination of inflation, the war in Ukraine, a looming recession and a decimation of the global stock and crypto markets have wreaked havoc on Changpeng Zhao's personal wealth. As I type this article, Changpeng Zhao's net worth has sunk down to…

$11 billion

That means, as of this writing, $87 billion in personal wealth has been evaporated away from CZ in around 130 days.

This has taken a tole on Changpeng and he is now worried about his future and started a part time job aside from being the CEO of Binance.

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