CZ questions Forbes' valuation method: A certain CEX with annual revenue of $5 billion is estimated to have a net worth of $110 billion

Gate News, March 11 — Zhao Changpeng questioned Forbes’ valuation methods, suggesting they may be biased. He pointed out that ByteDance’s estimated annual revenue is $150 billion, with founder Zhang Yiming’s estimated net worth at $69 billion; meanwhile, a certain CEX is estimated to have an annual revenue of $5 billion, yet Zhao’s own estimated net worth is as high as $110 billion. Zhao further stated that if he claims his assets are higher, he might be ranked lower or even removed from the list. Forbes seems to favor estimating the opposite.

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