Changpeng Zhao: Meet Dubai-based crypto billionaire who made $35 billion

Changpeng Zhao: Meet Dubai-based crypto billionaire who made $35 billion

It’s a common trend now to see many making millions buying cryptocurrencies, but the story of Dubai’s new resident and self-made crypto billionaire Changpeng Zhao is one that’s hard to come by. There’s evidently no shortage of money to be made in the $2 trillion (Dh7.35 trillion) crypto economy, with proof being the number of billionaires who got rich buying and selling cryptocurrencies – which is at 19 currently, seven more than 2021. Zhao, who turns 45 next month and goes by the name ‘CZ’, like others, made his billions buying cryptocurrencies. But long before he came into such wealth, the China-born coder kept moving and exploring, across continents, rarely staying anywhere for more than a few years for most of his adult life. The nomadic lifestyle all started when he first immigrated to Canada with his parents at the young age of 12. “Growing up in Vancouver, I had friends from different backgrounds and cultures,” said Zhao, . “I have always liked places with diverse cultures.” This was also what prompted Zhao to make Dubai his new home since late last year. “The crypto space is very international and diverse and Dubai is a true innovation hub which welcomes