Binance CEO Changpeng Zhao said he would donate most of his fortune.

Binance CEO Changpeng Zhao (CZ) told The Associated Press that he plans to donate up to 99% of his fortune. The leader of the world's largest cryptocurrency exchange has also said he is "ungrateful" to Dogecoin.

“Personally, I don't have any money, I don't want a lot of money, I can live as I do today. As a lot of entrepreneurs have money and create, I have the intending to donate much of my good fortune. Also. 90% of me. Good luck, 95% or 99%, "Changpeng Zhao said.

CZ said there was not a lot of private investment. He bought a few bitcoins in 2014 and was asked to keep most of the bitcoins he bought at the time. He clarified that most of his debt was held in the form of BNB and that he was not personally involved in other transactions, whether cryptocurrency or non-cryptocurrency, to avoid conflicts of interest.

According to "Forbes" estimates, CZ's assets are around $ 1.9 billion, but since it is Binance's largest member, its value will be higher. The Wall Street Journal recently reported that former Binance executives estimated the company could be worth $ 300 billion if it went public.

When asked about his take on Dogecoin, CZ said, “Honestly, personally, I don't like Dogecoin very much.” “It shows the power of classification. My theory is probably important. They may not be. Enough people in the world appreciate it, it deserves it,” CZ said.

CZ also said they believe the biggest issue for cryptocurrency development is ease of use rather than weak, as has often been said. “Centralized exchanges provide managed care. However, how to secure the tokens is paramount. Today we do not have simple enough tools and we do not have any. There are enough security tools. But I think as things improve things will get better.