Binance founder Changpeng Zhao (CZ) has seen his net worth soar past $75 billion after BNB reached a new all-time high of $858.34 on July 28, 2025, according to data from CoinGecko and Binance.
Zhao, who reportedly holds around 64% of BNB’s circulating supply, saw his personal crypto holdings surge in value as the token rallied over 30% in July.
BNB Sets New Record
BNB hit an all-time high of $858.34 on July 28, 2025, surpassing its previous peak. Binance’s official data confirmed a price of $855.84 on the same day, marking a major milestone for the token. This rally has been fueled by a combination of network upgrades, increased on-chain activity, and aggressive token burns.
CZ Holds Majority of Circulating Supply
According to a report by Forbes and follow-ups from Cointelegraph, CZ controls approximately 64% of BNB’s circulating supply, estimated to be between 89 and 94 million tokens. At the new ATH, the value of his BNB holdings alone is estimated between $75 billion and $76 billion.
Further estimates, such as those from TradingView, suggest that the value could exceed $83 billion, depending on the total amount CZ holds.
Including Binance Equity, His Wealth May Be Higher
CZ reportedly still holds about 90% ownership of Binance, which could add an additional $33 to $35 billion to his total net worth. Combining both assets, some estimates suggest his fortune may have crossed $80 billion, placing him among the top 25 wealthiest individuals globally, rivaling names like Warren Buffett.
However, Forbes currently lists CZ’s verified net worth closer to $61–65 billion, using more conservative valuations.
Factors Driving BNB’s Rise
- BNB Chain Upgrades: The “Maxwell” upgrade in June improved network speed and efficiency.
- Token Burns: Binance continues to remove supply through its quarterly burns, supporting price growth.
- Institutional Accumulation: Whales and firms like Nano Labs have reportedly been acquiring large BNB positions.
- Utility Expansion: Increased use of BNB across DeFi, payments, and staking platforms has strengthened demand.
A High-Risk Portfolio
Despite the impressive valuation, analysts point out that nearly 98% of CZ’s crypto net worth is tied to a single asset BNB. While the token’s performance has been strong, such concentration poses a clear risk if sentiment shifts or if the regulatory environment intensifies.
| Metric | Value |
|---|---|
| BNB ATH | $858.34 on July 28, 2025 |
| CZ’s BNB Holdings | ~64% of circulating supply |
| Value of BNB Holdings (CZ) | ~$75B to ~$76B |
| Total Wealth (with Binance equity) | ~$80B to ~$85B |
| Forbes-estimated Net Worth | ~$61B to ~$65B |
| Global Billionaire Ranking | Between 21st and 25th (varies) |
Sources: Binance, CoinGecko, Cointelegraph, Forbes, TradingView, Coinpedia, CryptoRank, Wikipedia.
