Bitcoin News Today: CZ's Net Worth Exceeds $75 Billion on 12% Binance Coin Surge to $850.70, Forbes Ranks Him 23rd

Changpeng “CZ” Zhao’s net worth has surged past $75 billion, fueled by a 12% weekly increase in Binance Coin (BNB) to an all-time high of $850.70 on July 7, 2025. The price rally has propelled Zhao to the 23rd position on the Forbes Real-Time Billionaires Index, placing him ahead of figures like Julia Koch. His wealth is largely tied to BNB, with his 64% stake in the circulating supply accounting for nearly all of his crypto holdings [1].

Zhao’s transparency on Binance Square in February revealed that 98.5% of his portfolio is allocated to BNB, while the exchange itself controls an additional 7% of the supply. This dual ownership reinforces his significant influence over the token. Smaller allocations include 1.32% in Bitcoin, 0.17% in EURI (a less-known stablecoin), and 0.03% in USDT. Zhao also disclosed an unspecified amount of sBTC, a wrapped Bitcoin asset, but admitted uncertainty about its origin. His openness followed public scrutiny over his low Bitcoin exposure and the nature of EURI, which he speculated might stem from a defunct Binance Card feature [1].

Analysts highlight structural factors driving BNB’s performance, including the BNB Smart Chain’s “Maxwell” upgrade implemented June 30. The upgrade promises faster block times and improved validator coordination, enhancing network efficiency. Additionally, Binance’s periodic token burns—aimed at reducing the 200 million-coin supply—have generated optimism about further supply reductions. These developments align with broader market dynamics, solidifying BNB’s position amid crypto volatility [1].

Zhao’s recent financial gains follow a challenging period, including a four-month prison sentence and ongoing legal disputes. In May, he sought a presidential pardon from Donald Trump, potentially signaling a path to resuming leadership roles in the crypto sector. Meanwhile, he denied allegations of acting as a “fixer” for WLF and co-founder Zach Witkoff, clarifying that a 2024 meeting in Pakistan with a local official was unsolicited. These disclosures underscore the interplay between personal circumstances and market perceptions [1].

The Forbes ranking underscores BNB’s central role in Zhao’s wealth accumulation, alongside his stake in Binance. With BNB’s price trajectory showing resilience, his position among the world’s top 30 wealthiest individuals appears secure. Investors will monitor regulatory developments and on-chain activity to assess the token’s long-term momentum.

Source: [1] [title1] [url] https://financefeeds.com/bnb-rally-pushes-czs-net-worth-past-75b-forbes-ranks-him-23rd/