Amid legal troubles, Changpeng Zhao’s wealth increased by $25B in 2023

Bloomberg ranked the former Binance CEO as the 35th wealthiest person on the planet, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai.

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Former Binance CEO Changpeng “CZ” Zhao reportedly added roughly $25 billion to his net worth since December 2022.

According to the Bloomberg Billionaires Index as of Dec. 25, CZ had a total net worth of $37.2 billion — a year-to-date increase of $24.6 billion. This change placed the former Binance CEO as the 35th highest-ranked billionaire, ahead of Citadel CEO Ken Griffin and behind Uniqlo CEO Tadashi Yanai.

Bloomberg reported Tesla CEO Elon Musk took the title of the world’s wealthiest man with a net worth of $232 billion — a 25% decrease from an estimated $340 billion in November 2021. The news outlet reported that Coinbase CEO Brian Armstrong had a net worth of $7.25 billion, with a year-to-date increase of $5.77 billion.

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