BNB Hits All-Time High, Making Binance Founder CZ a Billionaire Again
- Why Is BNB Surging to New Heights?
- How Did CZ Amass $75 Billion?
- Is BNB’s Rally Sustainable?
- What’s Next for CZ and Binance?
- FAQs About BNB and CZ’s Wealth
Binance Coin (BNB) has surged to a record high of $859, catapulting its founder Changpeng Zhao (CZ) back into the spotlight with an estimated net worth of $75 billion. Despite regulatory challenges and his departure from Binance, CZ remains the largest holder of BNB, owning 64% of the circulating supply. This article dives into BNB’s impressive rally, CZ’s enduring influence, and what this means for the crypto market.
Why Is BNB Surging to New Heights?
BNB, the fifth-largest cryptocurrency by market cap, has been on a tear lately. After bottoming out in April, the coin has skyrocketed by over 57%, peaking at $859 yesterday before settling around $825. Unlike flashy rivals like Bitcoin or Ethereum, BNB’s rise has been steady and under the radar—no hype, just consistent growth. (Source:)
How Did CZ Amass $75 Billion?
Changpeng Zhao, better known as CZ, might’ve stepped down as Binance CEO after legal troubles, but he’s still sitting on a goldmine. Reports suggest he holds 64% of BNB’s circulating supply—worth a staggering $75 billion at its peak. That’s enough to make him one of the wealthiest people alive, rivaling traditional finance titans.
(Source:)
Is BNB’s Rally Sustainable?
Unlike meme coins or speculative assets, BNB’s growth is tied to Binance’s ecosystem—its exchange, DeFi projects, and more. With U.S. regulatory clarity (finally) emerging, Binance’s future looks brighter than ever. Analysts at BTCC note that BNB could breach $1,000 soon, potentially pushing CZ’s net worth past $100 billion. But let’s not forget: if CZ ever dumps his holdings, the market WOULD feel it.
What’s Next for CZ and Binance?
CZ’s story is a rollercoaster—from building the world’s largest crypto exchange to serving jail time and now watching his fortune rebound. He’s no longer calling the shots at Binance, but his influence is undeniable. As one trader put it, "CZ’s wealth is a double-edged sword for BNB—his loyalty stabilizes the price, but his exit could crash it."
This article does not constitute investment advice.
FAQs About BNB and CZ’s Wealth
How much BNB does CZ own?
Approximately 64% of the circulating supply, worth ~$75 billion at its ATH.
Why is BNB less volatile than other cryptos?
Its utility in the Binance ecosystem (trading fees, staking, etc.) creates steady demand.
Could CZ’s holdings destabilize BNB?
Potentially—any large sell-off would pressure the price, but he’s shown no signs of exiting.
