Changpeng Zhao surpasses Bill Gates in net worth

Changpeng Zhao’s net worth reached $110B, ranking 17th globally and surpassing Bill Gates, mainly due to Binance’s $100B valuation. Zhao disputes Forbes’ estimate, citing crypto market volatility.

Binance founder Changpeng Zhao’s net worth has surged to approximately $110 billion, making him the 17th richest person in the world, according to Forbes. This leap, up $47 billion from last year, is largely attributed to his substantial stake in Binance, now valued at around $100 billion. Binance remains the world’s largest cryptocurrency exchange by trading volume, generating $16–$17 billion in revenue and processing over $30 trillion in annual trades. This accounts for about 38% of the global crypto market share. Despite these figures, Zhao has publicly disputed Forbes’ $110 billion estimate, highlighting the challenges of valuing private crypto assets and the volatility of digital markets. Bloomberg’s Billionaires Index offers a more conservative estimate, placing Zhao’s net worth between $78–$88 billion. His wealth growth reflects the broader recovery and expansion of the cryptocurrency sector.