Is Changpeng "CZ" Zhao, the CEO of Binance, truly the third richest person in finance? Recent reports from Bloomberg paint a picture of significant wealth, placing him among the financial elite. According to Bloomberg in the “New Finance Rich List,” Binance CEO “CZ” ranked third, followed by Citadel CEO Ken Griffin and trader Jeffrey Yassa among the 25 financial leaders. Bloomberg stated that CZ is worth $28.2 billion, and the CEO made the bulk of his wealth from Binance, which he founded in 2025. He worked on trading systems before.

However, the narrative isn\'t quite so straightforward. Changpeng “CZ” Zhao, CEO of major cryptocurrency exchange Binance, claims to hold a way less net worth than reported by some mainstream media. This raises questions about the accuracy of these valuations and the complexities of assessing wealth in the volatile cryptocurrency market.

While CZ\'s position on the finance rich list is noteworthy, it\'s important to consider the context. Another financial powerhouse, Jeffrey Yass, is also making waves. According to Bloomberg, Yass’ wealth reflected a total value of $33.1 billion, helping him grab the second position. This highlights the dynamic nature of these rankings and the substantial fortunes being accumulated in the finance sector.

The inclusion of CZ on this list solidifies Binance\'s position as a major player in the global financial landscape, despite ongoing regulatory scrutiny. Also Read: Binance P2P Continues to Prohibit Russian. The debate around CZ\'s actual net worth underscores the challenges in valuing assets within the cryptocurrency space, making it a topic ripe for discussion and further investigation.