The post Changpeng ‘CZ’ Zhao rises to No. 17 on global rich list with $110B fortune tied to Binance comeback appeared on BitcoinEthereumNews.com.

Binance founder Changpeng “CZ” Zhao is now worth an estimated $110 billion, putting him at #17 on the global rich list and ahead of Bill Gates. Forbes estimates that CZ added $47 billion over the past year, and the man is now one of just 20 people in the world worth at least $100 billion. This rise is particularly shocking because literally only a year and a half ago, CZ was getting out of jail after the Binance case. The founder of the exchange, launched in 2017, pleaded guilty to failing to maintain an effective anti-money laundering program. He agreed to pay a $50 million fine, leave the CEO role, and serve four months in a California prison. Binance paid $4.3 billion on top of that. Binance keeps lifting CZ as revenue and market share stay huge CZ’s estimated 1,400 Bitcoins fell about 25% in value over the past 12 months and are now worth around $100 million. His stash of BNB, believed to represent most of the token’s circulating supply, stayed about the same. The real source of CZ’s fortune is still Binance, even after he stepped down in 2023. The company is privately held and based in the United Arab Emirates, where CZ, a Canadian citizen, lives. It does not publish detailed financial statements or a clear ownership map. Still, talks with industry insiders and comparisons with Coinbase suggest Binance is worth about $100 billion. Legal filings also indicate that CZ owns about 90% of the business. Binance still holds roughly 38% of the global crypto exchange market. Artemis reports that:- “Binance generated an estimated $16-$17 billion in revenue in 2024 and 2025, that is roughly two-and-a-half times Coinbase’s $6.6 billion.” According to them, the world’s largest crypto exchange processes more than $30 trillion in yearly volume across…

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Filed under: News - @ March 11, 2026 9:26 am