The richest person in Canada keeps getting richer even after several tumultuous years involving prison time and a pardon from U.S. President Donald Trump.
Maclean’s released its annual list of the richest Canadians on Monday, revealing that big tech and crypto have overtaken old money in the ranking.
Changpeng Zhao, founder of the world’s largest cryptocurrency exchange, Binance, jumped to the top of the list this year, with a net worth of a whopping $91.3 billion. That’s a $30.28-billion increase in his fortune from last year’s rich list , when he was in second place.
According to Maclean’s , Zhao is Canada’s richest person this year, thanks to the strength of his cryptocurrency coin Build and Build (BNB), which is used to trade, pay fees, and access perks on Binance.
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