Binance founder Changpeng Zhao’s (CZ) net worth has surged to $110 billion, placing him at No. 17 on Forbes’ global rich list—ahead of Bill Gates at $108 billion.
The surge comes less than two years after Zhao’s prison release following a 2023 guilty plea on anti-money laundering violations, and reflects Binance’s continued dominance in cryptocurrency trading. According to Forbes estimates, Zhao added approximately $47 billion to his wealth in the past year alone.
Binance Remains the Core Driver of Cz Net Worth
Despite stepping down as CEO in 2023, Cz net worth remains overwhelmingly tied to the success and valuation of Binance.
The exchange, launched in 2017, quickly became the dominant platform for cryptocurrency trading. While Binance operates privately and does not release detailed financial statements, analysts and industry insiders estimate the company’s valuation at roughly $100 billion.
Legal filings indicate Zhao still controls around 90% of Binance, making the company the primary engine behind the staggering Cz net worth figure.
Even the founder’s personal crypto holdings represent only a small slice of his wealth. Zhao reportedly holds about 1,400 Bitcoin, currently valued near $100 million after declining roughly 25% over the past year.
However, his most significant digital asset exposure comes through BNB, the token tied to Binance’s ecosystem. Zhao is widely believed to control a substantial portion of the circulating supply.
Market data from blockchain analytics firm Artemis indicates Binance continues to dominate global trading activity.
“Binance generated an estimated $16–$17 billion in revenue in 2024 and 2025, roughly two-and-a-half times Coinbase’s $6.6 billion,” Artemis analysts said in a report.
The exchange also processes more than $30 trillion in annual trading volume across spot and derivatives markets. Binance’s broader ecosystem, including the BNB Chain, carries a market capitalization of approximately $88 billion, further supporting the rising Cz net worth valuation.
Forbes noted that if Zhao ever decided to sell the company outright, the deal could still command a 12-figure price tag, even after accounting for regulatory risks tied to the firm’s global operating model.
Legal Troubles Failed to Halt Cz Net Worth Rise
The rapid expansion of Cz net worth is particularly striking given Zhao’s recent legal challenges.
In 2023, Zhao pleaded guilty to failing to maintain a proper anti-money-laundering framework at Binance. The settlement required him to step down as CEO, pay a $50 million personal fine, and serve four months in a U.S. prison.
Meanwhile, Binance itself agreed to a massive $4.3 billion settlement with American authorities to resolve multiple regulatory investigations.
At the time, many observers believed the case could permanently damage Zhao’s financial standing. Instead, the continued growth of the exchange helped propel Cz net worth even higher.
Binance still commands roughly 38% of the global cryptocurrency exchange market, far ahead of many competitors including Coinbase, the U.S.-listed trading platform.
That market dominance has helped stabilize investor confidence in the company even amid regulatory pressure.
Trump Pardon and Business Reentry Boost Cz Net Worth Narrative
The global conversation around Cz net worth intensified further after Zhao re-emerged in U.S. business circles following a political twist.
According to Forbes, Zhao received a full presidential pardon from Donald Trump in October, effectively clearing the path for him to re-engage with American financial and political networks.
Shortly before that development, Binance had agreed to accept the USD1 stablecoin created by World Liberty Financial as payment for a $2 billion investment in the exchange by Abu Dhabi investment firm MGX.
The deal significantly boosted the visibility of the stablecoin project and signaled Binance’s ongoing influence in global crypto finance.
Forbes observed that Zhao’s attendance at a Mar-a-Lago business forum hosted by World Liberty demonstrated his renewed presence in elite economic circles.
Yet controversy has not fully faded. Investigative reports from outlets including Fortune, The Wall Street Journal, and The New York Times recently claimed Binance dismissed investigators who raised concerns about roughly $1 billion in transactions linked to sanctioned Iranian entities.
Binance has strongly denied wrongdoing and insists its compliance systems remain robust.
Even with these lingering questions, the sheer scale of the exchange ensures Cz net worth remains unmatched in the crypto industry.
Zhao currently stands ahead of major financial figures such as Michael Bloomberg, hedge fund leader Jeff Yass, and Citadel founder Ken Griffin.
For now, the meteoric growth of Cz net worth underscores the extraordinary wealth that can be generated in the digital asset economy — even after one of the most high-profile legal battles the crypto sector has ever seen.