Binance Founder CZ Now Has a Higher Net Worth Than Bill Gates
In a striking symbol of the shifting wealth landscape in the 21st century, Changpeng Zhao, better known as CZ, the founder and former CEO of Binance has surpassed Microsoft co-founder Bill Gates on the list of the world’s richest people.
forbes.com
As of mid-2026, Forbes estimates CZ’s net worth at approximately $107.7 billion (with peaks earlier in the year around $110 billion), placing him among the top 20 richest individuals globally and ahead of Gates, whose fortune stands at roughly $105–108 billion.
The ethereum Foundation has completed a major internal restructuring.
Key updates:
• 54 employees (around 20% of the team) have been laid off • Lower operating costs could reduce future $ETH selling by the Foundation • The EF says this is part of preparing for Ethereum's next phase of growth • The Foundation will now focus more on executing its long-term roadmap
The team also stated that they'll support affected employees as they transition to new opportunities.
🇺🇸 The Senate is holding emergency 11th-hour sprint of meetings to speed up the crypto market structure bill before time runs out.
Main focus:
- Regulatory jurisdiction of what falls under the CFTC vs. the SEC - Exemptions for devs and validators of DeFi protocols - Stablecoin provisions around passive yield generation
A White House official also said last week that they’re aiming to pass the Clarity Act by July 4th.