Altcoins News

Story: Binance Boss Zhao Beats Bill Gates on Forbes Rich List

By Bruce Buterin

1 / 15

Forbes just dropped a bombshell. Changpeng Zhao, the guy who built Binance into crypto's biggest exchange, now ranks as wealthier than Microsoft legend Bill Gates on the 2026…

2 / 15

The numbers tell a wild story. On March 11, Forbes pegged Zhao at 17th place globally with $111.1 billion, while Gates sits at 19th with $105.7 billion.

3 / 15

The Binance founder took to social media and basically called Forbes wrong. He pointed out that crypto prices crashed over 50% in 2026, so how exactly did his net worth…

4 / 15

Forbes bases their calculations on stock prices and exchange rates from March 1, 2026. They look at public company stakes, private businesses, real estate, and other assets to…

5 / 15

Gates tells a different wealth story entirely.

6 / 15

His Microsoft holdings dropped to less than 1% of the company because he's been giving money away like crazy.

7 / 15

Zhao's beef with Forbes isn't going away anytime soon. The specifics of how they calculated his wealth remain murky, leaving plenty of room for questions about whether these…

8 / 15

The publication relies heavily on available data and estimates, which can be pretty tough to verify when Bitcoin and other digital assets swing 20% in a day.

9 / 15

And the debate brings up bigger questions about wealth rankings in crypto. Binance keeps dominating the exchange space under Zhao's leadership, moving billions in trading volume…

10 / 15

Gates' charity work consistently impacts his financial standing. His commitment to the Gates Foundation, which he runs with Melinda French Gates, has meant substantial cash…

11 / 15

The conversation around billionaire rankings keeps evolving, with both Zhao and Gates showing totally different approaches to wealth.

12 / 15

Zhao's position in crypto has been pivotal as Binance continues crushing the competition. The exchange's influence shows up in trading volumes and user numbers that consistently…

13 / 15

Forbes' assessment of Zhao's wealth also exposes the valuation headaches in digital assets. Cryptocurrency prices fluctuate so much that any wealth estimate becomes volatile by…

14 / 15

Gates remains a philanthropy heavyweight, having established the Gates Foundation back in 2000.

15 / 15

The gap between Zhao and Gates' wealth figures shows the contrasting financial worlds they operate in.

The Currency Analytics

Want the full story?