Changpeng Zhao tops crypto billionaires ranking despite legal saga
According to a new Forbes article, Binance founder Changpeng Zhao has tripled his net worth since 2023.
Forbes magazine has published a ranking of the world’s wealthiest and most influential cryptocurrency billionaires, headed by Zhao. Forbes estimated his net worth at $33 billion, more than triple what it was in 2023 at $10.5 billion. Zhao’s stake in Binance is about 90%, valued at $32.5 billion.
The Binance founder topped the billionaire ranking despite significant legal problems in the last year. In November 2023, Zhao and Binance pleaded guilty to violating U.S. anti-money laundering and sanctions regulations.
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