{"id":12223,"date":"2024-04-02T18:17:09","date_gmt":"2024-04-02T15:17:09","guid":{"rendered":"https:\/\/forklog.com\/en\/forbes-values-changpeng-zhaos-wealth-at-33-billion\/"},"modified":"2024-04-02T18:17:09","modified_gmt":"2024-04-02T15:17:09","slug":"forbes-values-changpeng-zhaos-wealth-at-33-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/forbes-values-changpeng-zhaos-wealth-at-33-billion\/","title":{"rendered":"Forbes Values Changpeng Zhao&#8217;s Wealth at $33 Billion"},"content":{"rendered":"<p>Co-founder and former CEO of Binance, Changpeng Zhao, has secured the 50th position in the new billionaire rankings by <a href=\"https:\/\/www.forbes.com\/billionaires\/\">Forbes<\/a>, with a fortune estimated at $33 billion.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/X6NXGUTWz0a_PGp-G4rQeucagv5bJGs_kYXcGfhgq1qzIONedxXBnJPAHOIgHmg1XQnKZdIW1cvieXYFUzTiSfagxBjvlZ6EocAo152_68ag5_LfzgrPuNxfqVpXbB5ARmNn9JS8VlmZCr1SJs4kzh4\" alt=\"Forbes Values Changpeng Zhao's Wealth at $33 Billion\"\/><figcaption class=\"wp-element-caption\">Source: Forbes.<\/figcaption><\/figure>\n<p>The publication estimates that the entrepreneur&#8217;s wealth peaked in 2022 at $65 billion, before falling to $10.5 billion.<\/p>\n<p>Bloomberg, in its own <a href=\"https:\/\/www.bloomberg.com\/billionaires\/\">billionaire index<\/a>, attributes assets worth $45.1 billion to Zhao. According to the agency, this figure has increased by $10.7 billion over the year.<\/p>\n<p>By the end of 2023, Forbes counted 2,781 billionaires worldwide, marking a record high, as did their combined wealth of $14.2 trillion.<\/p>\n<p>The United States remains the leader in terms of countries, with 813 individuals holding such fortunes (totaling $5.7 trillion). China (including Hong Kong) ranks second with 473 billionaires and $1.7 trillion, respectively.<\/p>\n<p>Other representatives of the crypto industry also feature in the list. Co-founder and CEO of Coinbase, Brian Armstrong, is in 180th place with $11.2 billion.<\/p>\n<p>The largest shareholders of the stablecoin issuer USDT \u2014 Tether \u2014 debuted in the rankings, including Giancarlo Devasini ($9.2 billion), Paolo Ardoino ($3.9 billion), Jean-Louis van der Velde ($3.9 billion), and Stuart Hoegner ($2.5 billion).<\/p>\n<p>The publication <a href=\"https:\/\/www.forbes.com\/sites\/johnhyatt\/2024\/04\/02\/the-richest-crypto-and-bitcoin-billionaires-in-the-world-2024\/?sh=7396321c726b\">counted<\/a> a total of 17 cryptocurrency-related entrepreneurs with fortunes exceeding a billion dollars. Among them are:<\/p>\n<ul class=\"wp-block-list\">\n<li>Ripple co-founders Chris Larsen ($3.2 billion) and Jed McCaleb ($2.9 billion);<\/li>\n<li>Gemini founders the Winklevoss twins (each $2.7 billion);<\/li>\n<li>Mike Novogratz ($2.5 billion);<\/li>\n<li>Michael Saylor ($4.4 billion) and others.<\/li>\n<\/ul>\n<p>The smallest fortune among industry representatives in the Forbes ranking was attributed to Alchemy&#8217;s Web3 infrastructure platform co-founders Joe Lau and Nikil Viswanathan, each with $1.5 billion.<\/p>\n<p>On April 30, the <a href=\"https:\/\/forklog.com\/en\/news\/sentencing-of-binance-founder-postponed-to-april\">U.S. court is scheduled to sentence<\/a> Changpeng Zhao on charges of money laundering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Co-founder and former CEO of Binance, Changpeng Zhao, has secured the 50th position in the new billionaire rankings by Forbes, with a fortune estimated at $33 billion. Source: Forbes. The publication estimates that the entrepreneur&#8217;s wealth peaked in 2022 at $65 billion, before falling to $10.5 billion. Bloomberg, in its own billionaire index, attributes assets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12222,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[935,1421],"class_list":["post-12223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-changpeng-zhao","tag-rating"],"aioseo_notices":[],"amp_enabled":true,"views":"45","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12223"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12222"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}