Bloomberg has shared a report of the top 25 financial titans of 2023 that includes Changpeng Zhao aka CZ in 3rd rank. CZ the Chief Executive Officer (CEO) and co-founder of Binance, has responded to that report in a very optimistic way. He said that he is not much big crypto titan as there are many others in the crypto industry. He said that the numbers given by the report are not accurate as he is not even close to the rank disclosed by Bloomberg’s report. Moreover, he rectified the statements and admired its rivals.

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Numbers all wrong. I don't have anywhere near as much. Don't know why they do this. 🤷‍♂️

Also, never viewed FTX as a rival. We welcome more (well run) exchanges in the space. pic.twitter.com/xfa31RZp7t

— CZ 🔶 BNB (@cz_binance) April 27, 2023

Bloomberg’s Report

Bloomberg has recently shared a report that circumnavigated the financial globe. Reported shared new top 25 financial titans based on the financial status drawn from the past decade. According to the report, the CEO of the world’s largest cryptocurrency exchange Changpeng Zhao was ranked the 3rd number. Moreover, CZ has an estimated net worth of $28.2 billion.

Apart from CZ, the report also included a few other crypto-related legends in the list of new top 25 financial titans. A few of the notable crypto-related legends Uday Kotak, Jeff Yass and Ken Griffen are also on the list. Uday Kotak’s Kotak Mahindra Bank is considered to be the pioneer bank in India that embraced cryptocurrency. Uday Kotak has an estimated net worth of $13 billion. Jeff Yass, Susquehanna’s founder and a significant investor in the OPNX exchange. He has a net worth of $33.1 billion and invested more than $10 million in KuCoin last year. Ken Griffen, valued at $35 billion made its wealth via market maker Citadel Securities and a hedge fund.

CZ’s Response

CZ is the CEO and co-founder of Binance which is considered to be the largest cryptocurrency exchange in the world. In addition, he was ranked 3rd number in the Bloomberg report of the new ‘top 25 financial titans’. He said that the number isn’t appropriate as he is not even that close to that title. Moreover, he said that there are several legends existing in the crypto industry rather he called himself a small potato in a bucket of big potatoes. He metaphorically called the crypto industry as a big bucket and the crypto industry is flourishing day by day and has a big number of crypto legends. Moreover, he said that he never considered FTX as its rival as he always welcomes exchange and changes in the crypto space.