- Binance Founder CZ’s estimated net worth hits $75 billion.
- The former CEO of Binance holds 64% of the BNB circulating supply.
- Can BNB continue to hit higher ATH prices in altseason?
The Binance ecosystem is on fire today as the ecosystem’s native token, BNB, hit a new ATH price of $855. This not only confirms the steady success of the BNB ecosystem and the Binance crypto exchange, but also the promise of a powerful altcoin that could bring greater prosperity to its holders. Amid this pump, Biannce Founder CZ’s estimated net worth hits $75 billion from holding 64% of the BNB circulating supply.
Binance Founder CZ’s Estimated Net Worth Hits $75 Billion
The name Changpeng ‘CZ’ Zhao is highly reputable and respected in the crypto space. Standing on par with Ethereum Founder Vitalik Buterin, Cardano Founder Charles Hoskinson, and several other respected entities in the space, is the name Changpeng Zhao, nicknamed CZ, the Founder of Binance. For years, CZ stood at the helm and steered Binance to the success it reaps today.
CZ had a great vision for Binance, a name that began with a dream of uniting the crypto community. Binance launched as a cryptocurrency exchange, then announced a Binance wallet, until finally, it announced its own ecosystem known as the Binance Smart Chain, later renamed the BNB ecosystem, named after its native token, Binance Coin (BNB). The price of this altcoin hit its latest ATH today at $855.
Under CZ’s leadership, Binance became more than a single network. Soon, Binance began to foster promising blockchain and crypto projects to boost innovation in DeFi and many other promising sectors that had just begun to grow in the crypto space. Now, the Binance crypto exchange is operating under several localized banners to adhere to the many differing regulations across borders.
Unfortunately, CZ had to step back as the CEO of Binance and is now only remembered as the Founder of Binance, an incredible honor that still earns him a lot of respect from the greater crypto community. CZ was seen as a visionary and is still sought after for industry advise and market insights. Presently, as ETH and BTC chase higher highs, the price of BNB is also doing the same.
CZ Holds 64% of the BNB Circulating Supply
Most recently, CZ is gaining attention again for the possibility of his estimated net worth having hit $75 billion as BNB reached its latest ATH price of $855. It is common knowledge that CZ holds approximately 64% of the circulating BNB supply, proving not only his faith in the project, but also his determination and resolve to always stick by the project, ensuring its long-term success.
While CZ does not actively engage with the crypto industry, he still remains an avid layer, even as he sets his sights on his next education-centred project. As always, he works to make the crypto space and the world a better place. With altseason peak phase on the horizon, the price of BNB could go on to hit much higher targets in the coming weeks and months ahead.
