Changpeng Zhao, CEO of Binance, has seen his net worth rise to approximately $110 billion, marking an increase of about $47 billion from the previous year. This surge places him 17th on the global rich list. The significant growth in Zhao's wealth is attributed to a rebound in Binance's valuation, which the market estimates at around $100 billion. Zhao is believed to own approximately 90% of the company.
Binance has been a major player in the cryptocurrency market, generating an estimated $16–17 billion in revenue for the years 2024–2025. The exchange processed over $30 trillion in annual trading volume and maintained a market share of about 38%, underscoring its dominant position in the industry.
Changpeng Zhao's Net Worth Soars to $110 Billion, Ranks 17th Globally
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