Changpeng Zhao (CZ), founder of cryptocurrency exchange Binance, has been ranked 13th on the Hurun Rich List 2025 with an estimated wealth of 190 billion yuan (approximately $26 billion USD), marking a remarkable 41% increase from the previous year. However, CZ himself has disputed the valuation in his characteristic understated manner.
In response to the Hurun ranking, CZ posted on social media: "Divide by 100, maybe closer to reality." The comment quickly went viral in the crypto community, showcasing the Binance founder's typical humility and sparking discussions about wealth estimation methodologies for crypto entrepreneurs.
CZ's response suggests his actual net worth may be closer to 1.9 billion yuan ($260 million USD), a figure dramatically lower than Hurun's assessment. This significant discrepancy highlights the challenges in accurately valuing cryptocurrency-related wealth, particularly given market volatility and the complex ownership structures common in the industry.
The Hurun Rich List's 41% wealth increase for CZ likely reflects several factors:
However, accurately assessing crypto billionaires' wealth remains notoriously difficult due to:
Following his legal settlement with U.S. authorities in 2023, CZ stepped down as Binance CEO but remains a significant figure in the cryptocurrency industry. His influence extends beyond Binance through various blockchain investments and educational initiatives.
Despite relinquishing operational control, CZ's substantial stake in Binance and extensive cryptocurrency holdings ensure his position among the world's wealthiest individuals involved in digital assets.
The debate over CZ's actual net worth underscores broader questions about wealth measurement in the cryptocurrency sector. Unlike traditional billionaires whose wealth is tied to publicly traded companies with transparent valuations, crypto entrepreneurs' fortunes fluctuate dramatically with market conditions.
CZ's modest response also reflects a growing trend among crypto leaders to downplay personal wealth, particularly amid increased regulatory scrutiny and public skepticism about cryptocurrency markets.


