Binance founder CZ reaches $110B and passes Bill Gates
Changpeng Zhao’s net worth climbed to about $110B, up $47B from a year earlier, according to Forbes. He now ranks 17th on the global billionaire list and sits ahead of Bill Gates, whose wealth is estimated at $108B.
Most of Zhao’s wealth comes from Binance, the crypto exchange he founded in 2017. Industry estimates value the company at about $100B. Legal filings suggest Zhao owns roughly 90% of the business.
Binance reportedly generated about $16–17B in revenue across 2024 and 2025 and processes more than $30T in annual trading volume.
The rebound in Binance’s valuation pushed CZ to his highest net worth to date.
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