Binance Coin (BNB), which has been breaking new records in recent days, broke another record today.
Binance Coin (BNB), which has been performing incredibly for days, has left behind established altcoins Tether (USDT) and XRP.
As the BNB rally continues unabated, BNB’s market value reached $179.8 billion and it ranked 3rd.
While BNB broke new records, CZ, whose portfolio consists mostly of BNB, also rose.
According to Forbes, Binance founder CZ’s wealth reached $87.3 billion, and with this wealth, CZ rose to 21st place on the world’s rich list.
The controversy began when YouTuber Ajay Kashyap shared a screenshot of the Forbes Billionaires List on X. The post specifically highlighted CZ’s ranking, but CZ responded to the post, saying the numbers were inaccurate and exaggerated.
CZ stated that he was skeptical about the accuracy of the figure, commenting, “I don’t think it’s true (the number is too high).”
CZ also stated that numbers are not important, saying that the true measure of success is not wealth but helping people.
“I don’t believe that’s true (too high). I also don’t think it matters.
What matters is how many people we can help. Make the world a little better than it was when I arrived.”
According to Arkham data, CZ’s known cryptocurrency portfolio assets are as follows:
“SHORT: 3.996 trillion units ($142.9 million) BNB: 990,067 units ($1.28 million) SIREN: 1.775 million units ($212.88 thousand) QUQ: 84.934 million units ($230.19 thousand)”
However, of the cryptocurrencies on the list above, only BNB appears to be an asset Zhao willingly owns. According to a June 2024 Forbes report, Binance founder Changpeng Zhao (CZ) held approximately 89.1 million BNB at the time. The others are memecoins sent by developers to draw attention to CZ.
*This is not investment advice.