Binance founder Changpeng Zhao (CZ) holds approximately 64% of the circulating supply of BNB tokens, which totals 94 million tokens. This significant ownership, coupled with CZ’s 90% equity stake in Binance, has elevated him to the rank of the 24th richest person worldwide.
BNB, backed by Binance, currently stands as the fourth-largest cryptocurrency by market capitalization, with a maximum supply capped at 200 million tokens.
BNB Token Overview and Changpeng Zhao’s Holdings
BNB serves as the native token for the Binance cryptocurrency exchange, offering users discounts on trading fees. Currently, there are over 147 million BNB tokens in circulation out of a maximum supply capped at 200 million. The token’s value has more than doubled since the start of the year, reaching nearly $720 this week.
While Changpeng Zhao (CZ) has not publicly disclosed his exact holdings of BNB, the 2017 whitepaper from BNB’s initial coin offering (ICO) allocated 80 million tokens to the founding team. Analysis suggests that Binance still holds 46.2 million of these tokens.
Given CZ’s 90% ownership of Binance, his estimated share would be approximately 41.6 million tokens.

Changpeng Zhao’s Increased BNB Holdings and Forbes Analysis
Further analysis reveals that Changpeng Zhao (CZ) augmented his BNB holdings through additional acquisitions. Initially, Binance’s ICO reportedly sold only 10.8 million BNB tokens out of the claimed 100 million due to undersubscription.
Approximately 58 million unsold BNB tokens from the ICO were purportedly transferred to Zhao’s wallets. With CZ’s 90% ownership stake in Binance, it is estimated that he controls around 52 million of these tokens.
Combining these holdings with the tokens allocated to the founding team, CZ’s total BNB holdings amount to approximately 94 million tokens. Forbes has concluded that Zhao’s significant ownership has propelled him to become the 24th richest person globally, with an estimated net worth of $61 billion.
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In a recent statement, Binance CEO Changpeng Zhao (CZ) denied claims that the exchange froze Palestinian crypto wallets. Zhao asserted that Binance does not discriminate based on nationality or political status. He explained that the platform adheres to international sanctions and regulations, but any actions taken are strictly in compliance with legal requirements and not based on geopolitical considerations.
Zhao highlighted Binance's commitment to maintaining a neutral stance and ensuring that all users are treated fairly, regardless of their location. He also emphasized that the platform's policies are designed to comply with international regulations while safeguarding user interests and data.
The CEO's remarks come in response to allegations that Binance had restricted or frozen accounts linked to Palestinian individuals or entities. Zhao reassured users that any restrictions applied to accounts are solely due to legal and regulatory obligations, not political motives. Binance continues to prioritize transparency and adherence to the rule of law in its operations.#ceocrypto25 #chang_peng_zhao #cryptotipshop

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In 2014, Changpeng Zhao (CZ) made a daring decision—he sold his Shanghai apartment, pocketing roughly 1.1 million yuan, and bet it all on Bitcoin. Shortly after, the real estate market in Shanghai surged, doubling in value, while Bitcoin plummeted, losing two-thirds of its worth. Despite the setback, this bold gamble began to earn CZ recognition within the emerging crypto community.

Later that same year, CZ crossed paths with Xu Mingxing, the founder of OKCoin, at a cryptocurrency event. By June, he had joined OKCoin as CTO, where he spearheaded the company’s technological innovations and international expansion. However, internal conflicts arose, and CZ parted ways with OKCoin within a year, signaling a difficult but necessary pivot.

Fast forward to July 2017—CZ took an even bigger leap and launched Binance. Just 11 days after raising $15 million through an ICO, the exchange went live. The platform quickly skyrocketed to prominence, transforming Binance into a dominant force in the crypto industry.
$OOKI
This journey illustrates that achieving greatness often requires relentless determination, calculated risk-taking, and the ability to weather adversity. CZ’s resilience and strategic moves cemented his legacy as one of the most influential figures in the crypto world.
$USDC
#ScrollOnBinance #XRPDonationsUSElections #GameFiTokensRally #Write2Earn!

𝐂𝐙 𝐂𝐥𝐚𝐫𝐢𝐟𝐢𝐞𝐬 𝐇𝐢𝐬 𝐒𝐭𝐚𝐧𝐜𝐞 𝐨𝐧 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐂𝐄𝐎 𝐑𝐨𝐥𝐞 𝐚𝐧𝐝 𝐚 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐓𝐫𝐮𝐦𝐩 𝐏𝐚𝐫𝐝𝐨𝐧

Changpeng“CZ” Zhao, former CEO of Binance, recently addressed speculation about his potential return to the helm of the cryptocurrency exchange. On December 2, CZ responded to a post on X by John Lilic, Executive Director of the Telos Foundation, suggesting that U.S. President-elect Donald Trump consider pardoning CZ to enable his return as Binance CEO. While CZ firmly dismissed any interest in reclaiming the CEO position, he acknowledged that he “wouldn’t mind” receiving a presidential pardon.

Lilic’s post advocated for the pardon, describing CZ as a victim of “lawfare” and emphasizing his potential contributions to the crypto industry’s growth. CZ replied succinctly: “No wish to be CEO again. But definitely wouldn’t mind a pardon.” This response sparked significant support from the crypto community, with users rallying under hashtags like “Free CZ” and suggesting his potential as a government advocate for mass cryptocurrency adoption.

𝐋𝐞𝐠𝐚𝐥 𝐁𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐅𝐨𝐜𝐮𝐬
In late 2023, CZ accepted a plea agreement with U.S. authorities following charges related to Binance’s operations, including facilitating transactions with sanctioned nations like Iran and Cuba. The settlement required Binance to pay $4.3 billion in fines, while CZ personally paid $50 million and stepped down as CEO. However, CZ clarified in a subsequent interview that his plea deal does not include a “lifetime ban” from managing crypto exchanges, countering rumors to the contrary.

Despite this clarification, CZ reiterated his lack of interest in returning to Binance’s leadership. Instead, he expressed enthusiasm for empowering the next generation of innovators in the crypto space through mentorship and funding. Holding shareholder rights in Binance, CZ remains a significant figure in the industry, focusing on broader initiatives to drive crypto adoption and innovation rather than operational management.

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