Binance founder Changpeng “CZ” Zhao rejects Forbes’ updated $92.5B net worth figure, saying it was inaccurate and his wealth fell after the October 11 market crash.
On October 14, Binance founder Changpeng “CZ” Zhao addressed community claims, based on Forbes data, that his wealth rose by $10 billion after the October 11 market downturn. CZ clarified his net worth actually declined during the crash, and criticized Forbes’ figures as outdated and inaccurate. A community screenshot showed Forbes listing CZ’s assets at $92.5 billion as of October 12.