Binance Founder CZ Climbs to 13th on 2025 Hurun Rich List

Binance Founder CZ Climbs to 13th on 2025 Hurun Rich List

CZ disputes Hurun’s reported wealth figure, claiming actual assets are about one-hundredth of the listed amount, despite a 41% year-on-year increase in valuation.

Fact Check
The assessment is "likely_true" with high confidence based on strong, consistent evidence from authoritative primary sources. The most crucial source, the official "Hurun Global Rich List 2025," is identified as the definitive primary source to verify the claim, with the highest possible authority (0.95) and relevance (1.00). Its existence and official status are further confirmed by several other pages on the Hurun Report website.Furthermore, another highly relevant source corroborates the specific details of the claim, stating that Changpeng Zhao was ranked 13th on the Hurun Rich List. While its summary does not explicitly link this rank to the year 2025, its alignment with the definitive 2025 report makes it very strong supporting evidence.There is no conflicting evidence among the provided sources. Other sources referencing different years (2023, 2024) or different lists (Hurun China Rich List) are not directly relevant to confirming or denying the specific claim about the 2025 Global list. The convergence of a definitive source for the correct list and year with corroborating evidence specifying the exact rank makes the statement highly probable.
Summary

Binance founder Zhao Changpeng (CZ) ranked 13th on the 2025 Hurun Rich List, with the institute estimating his wealth at 190 billion yuan, up 41% from last year. On October 28, CZ denied the accuracy of the reported figure, stating his assets are closer to one-hundredth of that amount. The updated ranking reflects significant year-on-year growth despite CZ’s correction of the valuation.

Terms & Concepts
  • Hurun Rich List: An annual ranking of the wealthiest individuals in China, published by the Hurun Report.
  • Binance: A global cryptocurrency exchange platform founded by CZ, offering trading in various digital assets.
  • BNB (Binance Coin): A cryptocurrency issued by Binance, used for transaction fees, trading, and other activities on the Binance platform.