Richer Than Bill Gates? CZ Disputes Forbes' Ranking

Richer Than Bill Gates? CZ Disputes Forbes’ Ranking

News

By
Alex Dovbnya

Sun, 28/06/2026 – 18:52

Binance founder Changpeng Zhao has publicly disputed recent wealth rankings by Forbes that peg his net worth at a staggering $110 billion.

Advertisement

• A $47 billion jump?
• ‘Guess a number’

Advertisement

Binance founder and former CEO Changpeng Zhao, widely known as CZ, has pushed back against recent estimates from Forbes that place his net worth at a staggering $110 billion. 

With such a staggering net worth, Zhao ranks above Microsoft co-founder Bill Gates. Forbes has labeled him as the 17th-wealthiest person on the planet/ 

In his recent post on Elon Musk’s X social media network, CZ laughed off the valuation and questioned the logic behind wealth tracking.

HOT Stories

Richer Than Bill Gates? CZ Disputes Forbes’ Ranking

Novogratz Names Key Reason Behind Bitcoin (BTC) Price Crash

How is that last sentence possible?

“His net worth jumped $47 BILLION in a single year even as crypto prices fell over 50%.”

Advertisement

— CZ 🔶 BNB (@cz_binance) June 28, 2026

A $47 billion jump?

According to the publication, CZ’s fortune skyrocketed by an incredible $47 billion over a 12-month period. 

The surge has been mostly attributed to a rebound in the valuation of Binance (CZ still owns approximately 90% of the world’s largest cryptocurrency). exchange. According to the estimates published by the publication, Binance generates around $16 billion a year in revenue.  

You Might Also Like

Thu, 02/05/2026 – 11:42

CZ Shuts Down Binance Critic Over Fake Cease-and-Desist Claim

ByGodfrey Benjamin

Advertisement

However, the math simply doesn’t add up for the crypto mogul, which has prompted CZ to express his utter bewilderment regarding the aforementioned claims: 

“How is that last sentence possible?” CZ asked on X (formerly Twitter). He quoted the summary directly: “‘His net worth jumped $47 BILLION in a single year even as crypto prices fell over 50%.'”  

The idea that his wealth could surge by tens of billions of dollars during a brutal bear market seemingly defies logic. For comparison, the riches of other crypto moguls have shrunk considerably over the past year. 

‘Guess a number’

Other voices in the crypto community were quick to back CZ up. X user TCC (@TCryptochicks) pointed out that the billionaire has repeatedly rejected these rankings.

“CZ has confirmed this many times already,” the user wrote. “These billionaire rankings are estimates, not facts. He’s repeatedly said the figures are inaccurate and called them a ‘guess a number’ list.”  

CZ subsequently endorsed the user’s take, replying simply: “TCC is right.”

#Changpeng Zhao

• A $47 billion jump?
• ‘Guess a number’

Advertisement

Related articles

News
Jun 28, 2026 – 15:14

Strategy’s Saylor Defies Critics With New ‘More Charts’ Post as Bitcoin Battles for $60,000

ByGamza Khanzadaev

News
Jun 28, 2026 – 14:45

$959 Million Dogecoin OI in 24 Hours: Is There Hope for Recovery?

ByTomiwabold Olajide

Advertisement

Advertisement

Advertisement

Latest Press releases

Toss Brings 30 Million Users Into the AI Data Economy in Partnership With Poseidon


MEXC Reports 142% Volume Surge for MU Futures Following Record Micron Earnings Beat


The DATA Foundation Launches to Tackle AI’s Multi-Billion Dollar Training Data Bottleneck

Subscribe to daily newsletter
Subscribe

Recommended articles

Reviews
Jun 12, 2026 – 18:23

HIBT Event Contracts Review 2026: A Simpler Alternative to Crypto Derivatives


U.Today Editorial Team

Reviews
Jun 10, 2026 – 8:31

Sumsub Report: New Phase of Crypto Industry in 2026


Dan Burgin

ReviewsGuides
Jun 5, 2026 – 17:29

Top Crypto Prop Trading Firms in 2026: Guide


U.Today Editorial Team

Opinions
May 16, 2026 – 19:00

Is Hyperliquid Worth All the Recent Hype?


Dan Burgin

Opinions
May 9, 2026 – 17:00

Crypto Regulation 2026: Did China Ban Bitcoin?


Dan Burgin

Price Index

Show all

Our social media
There’s a lot to see there, too

Popular articles

News
Jun 28, 2026 – 18:52

Richer Than Bill Gates? CZ Disputes Forbes’ Ranking

Changpeng Zhao
Alex Dovbnya

News
Jun 28, 2026 – 15:14

Strategy’s Saylor Defies Critics With New ‘More Charts’ Post as Bitcoin Battles for $60,000

Bitcoin Michael Saylor MicroStrategy Bitcoin
Gamza Khanzadaev

News
Jun 28, 2026 – 14:45

$959 Million Dogecoin OI in 24 Hours: Is There Hope for Recovery?

Dogecoin Dogecoin News
Tomiwabold Olajide

Show all

Subscribe to daily newsletter

Successful!

Thank you. We’ll contact you shortly.
Ok