TL;DR
- Changpeng Zhao (CZ) refuted a Hurun Rich List report that estimated his wealth at 190 billion yuan.
- CZ suggested in a tweet that the real figure might be 100 times lower than reported.
- Other sources like Bloomberg and Forbes offer very different estimates, highlighting the speculation surrounding his net worth.
Changpeng “CZ” Zhao has denied recent speculation about his fortune. The Binance founder reacted publicly after a prominent report placed him among China’s richest individuals with an exorbitant figure.
An Asian news outlet had gathered data from the “Hurun Rich List,” which ranked Zhao 13th with a wealth of 190 billion yuan (approximately $27 billion), representing a 41% increase from the previous year.
The report, published by the Hurun Research Institute for its 2025 list, detailed that Changpeng Zhao’s fortune had grown significantly, climbing three spots in the ranking. However, Zhao quickly dismissed this information via a tweet written in Chinese.
His response was blunt: “Nonsense, divide by 100 and that’s about right,” implying that the figure cited by the Hurun list was incorrect and drastically higher than his actual net worth.
The Disparity in Wealth Estimates
If the Binance founder’s tweet is taken literally, dividing 190 billion yuan by 100 would imply a figure of 190 million, although this remains unconfirmed, as Zhao did not specify his exact net worth in the post.
This discrepancy highlights the difficulty in calculating Changpeng Zhao’s fortune, much of which is tied to cryptocurrency holdings and Binance’s valuation.
The Hurun list figures contrast sharply with other major rankings. As of October 28, 2025, the Bloomberg Billionaires Index ranks “CZ” 26th globally, with an estimated net worth of $65.4 billion (approximately 464.3 billion yuan), which is already significantly different from the Hurun figure.
On the other hand, Forbes has estimated Changpeng Zhao’s fortune at $88 billion. All these figures, varying by tens of billions of dollars, remain speculative.
The true scale of the Binance founder’s wealth remains unknown, and his recent tweet only adds more mystery by dismissing one of the highest public estimates, reinforcing the idea that external reports can be very misleading.
