Discovering the Massive Fortune of Binance CEO, CZ

Key Points

• Changpeng Zhao, Binance’s founder, disputes Forbes’ reports about his wealth.
• Zhao’s charitable work and contributions to the crypto industry are highlighted.

Changpeng Zhao, also known as CZ, the founder of Binance, recently addressed allegations about his wealth.

Contrary to Forbes’ estimates, CZ offered a different perspective on his net worth.

Forbes’ Wealth Estimates

Forbes’ real-time data estimated CZ’s net worth at $88 billion as of October 28.

According to the magazine, he is the 24th billionaire in 2025 and the 22nd richest person in Singapore.

Forbes attributes CZ’s wealth to the Binance crypto exchange, labeling him a self-made billionaire.

Forbes also provided a trajectory of CZ’s wealth, showing it fluctuating from $1.9 billion in 2021 to $10.5 billion in 2023, and reaching $62.9 billion in 2025.

CZ’s Rebuttal

CZ dismissed Forbes’ reports, stating that the figures were inflated and irrelevant.

He emphasized that his focus is on helping others and improving the world.

Despite Forbes claiming that CZ’s valuation was boosted by a BNB price rally, CZ maintains that his wealth is not the primary concern.

His charitable work, including donations to industry peers and the establishment of the non-profit Giggle Academy, are testament to his commitment to making a difference.

Alternative Wealth Estimates

CZ referred to data from PA News, an Asian crypto news outlet, which estimated his wealth at 190 billion yuan, or over $26.7 billion.

This figure was a 41% increase from 2024, moving him up three places on the Hurun Rich List.

However, CZ stated that his net worth was actually the amount reported by the outlet divided by 100, equating to approximately $267 million.

Charitable Work Over Wealth

Despite various online claims about CZ’s wealth, what truly matters is his contributions to the crypto industry and charitable work.

He has helped children worldwide gain access to free education, a noble cause not often prioritized by the wealthy.

Similar to how the creator of Bitcoin is less significant than the legacy left behind, CZ’s wealth is less important than his efforts to help others.

His contributions have been recognized in the United States, with President Donald Trump issuing a pardon for him, and plans for a statue in Washington, DC are reportedly in the works.