{"id":7870,"date":"2026-03-11T10:39:57","date_gmt":"2026-03-11T10:39:57","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/03\/11\/forbes-says-changpeng-zhaos-net-worth-is-110b-binance-founder-calls-it-inaccurate\/"},"modified":"2026-03-11T10:39:57","modified_gmt":"2026-03-11T10:39:57","slug":"forbes-says-changpeng-zhaos-net-worth-is-110b-binance-founder-calls-it-inaccurate","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2026\/03\/11\/forbes-says-changpeng-zhaos-net-worth-is-110b-binance-founder-calls-it-inaccurate\/","title":{"rendered":"Forbes Says Changpeng Zhao\u2019s Net Worth Is $110B, Binance Founder Calls It \u201cInaccurate\u201d"},"content":{"rendered":"<p>The post <a href=\"https:\/\/coinpedia.org\/news\/binances-cz-net-worth-jumps-to-110b-in-forbes-richest-list\/\">Forbes Says Changpeng Zhao&#8217;s Net Worth Is $110B, Binance Founder Calls It \u201cInaccurate\u201d<\/a> appeared first on <a href=\"https:\/\/coinpedia.org\">Coinpedia Fintech News<\/a><\/p>\n<p>Crypto entrepreneur Changpeng Zhao has jumped up in the list of the world\u2019s richest individuals. According to Forbes, <a href=\"https:\/\/www.forbes.com\/billionaires\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">his estimated<\/a> net worth is now around $110 billion, placing him 17th on the global rich list.<\/p>\n<p>Responding to the Forbes list, CZ said the figure is \u201cnot accurate\u201d and described rich lists as \u201cguess a number lists.\u201d<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-changpeng-zhao-s-wealth-surge-driven-by-binance-valuation\">Changpeng Zhao\u2019s Wealth Surge Driven by Binance Valuation<\/h2>\n<p>Changpeng Zhao built most of his wealth through Binance, the crypto exchange he founded in 2017. Today, Binance is valued at around $100 billion, and Zhao is believed to own a large share of the company.<\/p>\n<p>Being one of the largest platforms in the crypto market. Binance in 2024 and 2025 generated about $16\u2013$17 billion in revenue &amp; processed over $30 trillion in trading volume, making up around 38% of global crypto trading.<\/p>\n<p>Thus, most of Zhao\u2019s wealth is still tied to his stake in Binance. Even after stepping down as CEO in 2023, the exchange remains the main source of his fortune.<\/p>\n<figure class=\"wp-block-image size-full\"><\/figure>\n<h2 class=\"wp-block-heading\">CZ Says Forbes Richest List Is Not Accurate<\/h2>\n<p>In response to this Forbes richest list, Zhao said on X that the reported figure was \u201cnot accurate.\u201d\u00a0<\/p>\n<p>He described global rich lists as \u201cguess a number lists,\u201d suggesting that such rankings often rely on rough estimates rather than precise financial data.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Definitely not accurate. This is a &quot;guess a number&quot; list, at least for me. Bitcoin\/crypto is down 50% from ATH&#8230; <\/p>\n<p>&mdash; CZ  BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/2031550849298862117?ref_src=twsrc%5Etfw\">March 11, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Further, he also pointed to overall market conditions, noting that Bitcoin and the overall crypto market remain about 50% below their all-time highs. According to him, this makes it difficult to determine an exact valuation of crypto-related wealth.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-crypto-billionaires-enter-global-rich-list\">Crypto Billionaires Enter Global Rich List<\/h2>\n<p>Zhao\u2019s wealth now places him ahead of several well-known global business figures, including Bill Gates and Mukesh Ambani, on certain rich-list rankings.<\/p>\n<p>Perhaps, Zhao is not the only crypto figure appearing on global billionaire rankings.<\/p>\n<p>Giancarlo Devasini, Bitfinex exchange CFO and Co-founder of Tether, has an estimated net worth of $89.3 billion. That places him 22nd on global wealth rankings.<\/p>\n<p>Both Zhao and Devasini stand among the few individuals in the top 25 whose fortunes are largely built on the cryptocurrency industry.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post Forbes Says Changpeng Zhao&#8217;s Net Worth Is $110B, Binance Founder Calls It \u201cInaccurate\u201d&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7871,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-7870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/7870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/comments?post=7870"}],"version-history":[{"count":0,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/posts\/7870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/media\/7871"}],"wp:attachment":[{"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/media?parent=7870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/categories?post=7870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailystreetchronicle.com\/index.php\/wp-json\/wp\/v2\/tags?post=7870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}