TechFlow News — Binance founder Changpeng Zhao tweeted, "If I sell 0.01% of my company to someone for $1, the company is valued at $10,000. If I issue a token with a supply of 1 trillion and sell one token for $1, then I have a $1 trillion token. Valuations without liquidity don't mean much." According to a report today by Caijing magazine, Zhao's net worth is as high as $90 billion (based on equity valuation), potentially making him the new wealthiest ethnic Chinese individual.
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