BNB, the native token of Binance, has rallied nearly 20% over the past two weeks, hitting a new all-time high and propelling former Binance CEO Changpeng Zhao (CZ) into the ranks of the world’s wealthiest individuals. According to the Bloomberg Billionaire Index, CZ’s fortune is estimated at $60 billion, placing him 27th globally. This figure primarily reflects his reported 90% stake in Binance and does not account for his substantial personal BNB holdings.
Forbes previously valued CZ’s stake in Binance at $33 billion and estimated he owns approximately 94 million BNB tokens, representing over 60% of the token’s circulating supply. At current market prices, these holdings are worth around $78 billion, potentially boosting his total net worth to approximately $110 billion. This valuation places CZ close to or even above tech titans like Bill Gates ($124 billion) and Michael Dell ($136 billion), positioning him among the richest individuals worldwide.
However, these estimates remain speculative due to the private nature of Binance’s finances and the illiquidity of BNB. A significant portion of CZ’s wealth is tied to the token’s market value, which could fluctuate dramatically during price corrections or large-scale sales.
The surge in BNB underscores growing investor confidence in Binance’s ecosystem, which remains the largest cryptocurrency exchange by trading volume. As BNB continues to climb, market watchers are closely comparing CZ’s wealth trajectory with legacy billionaires, signaling crypto’s deepening influence on global wealth rankings.
This latest milestone highlights both the unprecedented growth of digital assets and the evolving dynamics of wealth creation in the cryptocurrency industry.
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