Changpeng Zhao's wealth reaches $110 billion, surpassing Bill Gates to rank 17th on the Forbes Billionaires List.

Gate News reports that on March 11, according to Forbes, the founder of a certain CEX, Zhao Changpeng, currently has an estimated net worth of $110 billion, ranking 17th on the annual global billionaire list, surpassing Bill Gates, who is in 19th place with $108 billion. Since last year, Zhao Changpeng’s wealth has surged by $47 billion, primarily from his approximately 90% stake in the exchange. It is estimated that the exchange is now valued at around $100 billion, a significant rebound from previous levels. Revenue for 2024 to 2025 is projected to reach $16-17 billion, with annual trading volume exceeding $30 trillion, remaining the world’s largest cryptocurrency exchange with a market share of about 38%.

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