CZ Net Worth Hits $75B as BNB Sets New Record

Binance founder Changpeng Zhao, also better known as CZ, is back in the spotlight. His net worth just jumped to $75 billion after BNB—Binance’s own token—hit a new all-time high of $850.70. Cointelegraph shared the news, and it quickly got the crypto world hyped with excitement.

CZ Now Among the Richest in Crypto

Thanks to this price jump, CZ’s net worth now ranks among the wealthiest people in crypto. This rise comes mostly from his massive share of BNB tokens. He is believed to own around 64% of the total circulating supply. That means every time BNB climbs, so does his fortune.

BNB’s growth also shows how strong Binance’s position is in the crypto world. The token is not just used on the Binance exchange. It also powers many parts of the Binance Smart Chain, such as transaction fees, DeFi apps, and token launches.

Why BNB’s Price Is Surging

There are a few key reasons behind this price jump. First off, people are starting to trust Binance again. After dealing with some legal and regulatory issues, the company is slowly winning back its reputation.

Second, BNB’s real-world use continues to grow. It is used in many parts of the Binance ecosystem. This includes Binance Launchpad, the NFT marketplace, and various staking platforms. As more people use BNB, the demand rises—and so does the price.

Another factor is general market recovery. As Bitcoin and Ethereum regain strength, altcoins like BNB often follow.

What CZ’s Holdings Mean

Holding such a large portion of BNB gives CZ massive control and influence. While this has raised some concerns about centralisation, many still trust his leadership. He has guided Binance through market crashes, lawsuits, and fierce competition.

That said, having 64% of the supply in one person’s hands could pose risks. If he were to sell a large amount, it could affect the token’s price. But CZ has shown no signs of doing so.

What This Means for the Crypto Market

BNB’s rise is seen as a bullish sign by many traders. It shows that strong tokens with real use cases can still grow, even in a cautious market. This move has also brought more attention back to Binance, which remains the largest crypto exchange by volume.

CZ’s net worth is also a reminder of how early investment and long-term vision can pay off in crypto. Whether you love or question his influence, there’s no denying his impact.

Looking Ahead

BNB’s future depends on Binance’s success, market trends, and ongoing trust in CZ. For now, the market seems to be backing both. As long as BNB continues to serve real purposes within the ecosystem, it’s likely to stay in the spotlight.