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Changpeng Zhao Disputes $110 Billion Forbes Valuation, Pushes Back on Media Claims

Forbes pegs his fortune above $110 billion by assuming a dominant Binance stake.

Overview

  • Forbes Real-Time estimates place Zhao’s net worth at roughly $110–$113 billion, ranking him 17th globally and above Bill Gates and Michael Bloomberg.
  • Zhao called the estimate "absolutely inaccurate," noting steep crypto price declines this year and dismissing the list as guesswork.
  • Speaking at Blockchain Summit 2026, he criticized recent reporting and said allegations linking him or Binance to Iran-related illicit finance are false.
  • Binance filed a defamation lawsuit on March 11 against the Wall Street Journal and Dow Jones over articles about an internal probe into alleged Iran-linked transfers.
  • The valuation relies on reports that he owns about 90% of Binance and on claims of the exchange’s market leadership, while his 2024 U.S. case ended with a $4.3 billion company payment, a $50 million personal fine, and a four-month prison term.