Is Binance’s CZ Really Richer than Bill Gates?

Changpeng Zhao ranked above Invoice Gates on the 2026 Forbes billionaires record, however he says the figures are unsuitable.

Forbes’ newly introduced 2026 Billionaires record exhibits that Binance founder Changpeng Zhao (CZ) is now richer than tech mogul Invoice Gates.

CZ got here in seventeenth place within the journal’s annual rating of the richest folks on the planet, whereas Gates is positioned not removed from him at nineteenth.

CZ Outranks Gates in Forbes Billionaire Listing

Launched yearly, the Forbes Billionaires Listing provides a real-time snapshot of the wealth of probably the most prolific entrepreneurs, buyers, heirs, and celebrities worldwide. In accordance with Forbes’s web site, as of March 11, 2026, the previous Binance government has a internet value of $111.1B, whereas Gates’ is listed as $105.7B.

The info additionally means that CZ’s wealth has been rising steadily over the previous three years, because of his Binance-linked crypto holdings. However, however, the tech billionaire’s riches have remained comparatively secure and are tied to his Microsoft shares and philanthropic commitments.

Zhao has since responded to the piece, outlining on social media that the knowledge shared is inaccurate.

“Didn’t learn the Forbes article, however when you simply take a look at the little chart 👇, you recognize it’s unsuitable.”

In his X put up, CZ questioned how the publication calculated the figures, stating that crypto costs had already fallen by greater than 50% in 2026, but his reported internet value had elevated.

Zhao additionally believes that Forbes’ calculations are “method off.” He gave one other instance by comparing ByteDance’s $150 billion valuation to its former CEO’s $69 billion internet value. The Forbes official web site notes that the 2026 rating was primarily based on calculations of inventory costs and alternate charges as of March 1.

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The publication additionally defined that it seems to be on the totally different belongings a billionaire is believed to manage to provide you with a gauge of their wealth, together with stakes in public firms, personal companies, actual property, artwork collections, and different investments.

Forbes Breaks Down Its Wealth Estimates

In Zhao’s case, most of his assumed wealth is believed to originate from his possession stake in Binance. Forbes’ knowledge exhibits that he nonetheless owns roughly 90% of the alternate. This represents an enormous share of his fortune if the corporate’s valuation is taken into consideration.

On high of that, he’s additionally believed to carry a considerable amount of BNB tokens linked to the Binance ecosystem. CZ has shared previously that his crypto portfolio accommodates about 98.5% in BNB and just one.3% in BTC. Regardless of this, the precise quantities stay undisclosed.

Gates’ wealth, however, was calculated very in another way. The outlet stated that almost all of his fortune has traditionally been tied to his stake in Microsoft. Forbes, nonetheless, revealed that his possession within the agency has dropped to lower than 1% after years of donations and asset diversification.

The tech mogul has given greater than $59 billion to the belief that funds the Gates Basis over the previous couple of years. In accordance with Forbes, this has lowered his general internet value, and because of this, his placement on their record has additionally dropped.