Forbes estimates CZ's net worth at $110 billion. Cz online retorts, do you think CZ is really poor or just pretending? Share your thoughts in the comments.
Forbes: Binance is valued at $100 billion, CZ holds 90%, revenue is estimated at $16-17 billion, using Coinbase's multiples, it adds up to $110 billion, ranking 17th globally, surpassing Gates and Bloomberg.
CZ directly responded on X: Crypto has dropped over 50% this year, yet my net worth has increased? Can we use some common sense? ByteDance's annual revenue is $150 billion, Zhang Yiming is only $69 billion; Binance's revenue is only $5 billion, yet I'm worth $110 billion? You just love to estimate it the other way around.
Other rankings: Bloomberg $49 billion, Hurun around $26 billion, CZ replied "Nonsense, divide by 100 and it's about right."
What's the truth? CZ's wealth is basically from Binance equity + BNB, with only a little over $1 billion held on-chain. Non-listed equity has poor liquidity, regulatory scrutiny is constant, and when the market drops, valuations are directly halved. Forbes loves big numbers to attract attention, while CZ has always been low-key, never boasting about being rich, preferring to let people think he’s a bit poor.
The community is arguing: some say Binance's profits are high, Forbes underestimated; others say burning tokens does not equal profit, it's pure air.
I believe Forbes magnifies the surface wealth of crypto, and CZ's retort is a low-key self-protection.