According to the latest Forbes rich list, Binance founder Zhao Changpeng (CZ) once again topped the throne of the richest Chinese, with a personal net worth of $65.7 billion, surpassing other Chinese entrepreneurs.
Since resigning as Binance CEO at the end of 2023, Zhao Changpeng has faded from the public eye, but his wealth has continued to grow over the past year thanks to his remaining Binance shares and the industry rebound. His wealth mainly comes from Binance's profitability and his personal crypto asset allocation, especially against the backdrop of the overall recovery of the Bitcoin and crypto markets. This return to the position of the richest man not only indicates that Zhao Changpeng's dominant position in the crypto industry remains solid, but also once again highlights the influence of virtual asset economies on the global wealth map.
Following closely behind is Zhang Yiming, the founder of ByteDance, with a personal net worth of approximately US$65.5 billion. Zhang Yiming rose to fame for founding the short video platform TikTok (the overseas version of Douyin), and his company ByteDance has become one of the most influential technology unicorns in the world. He stepped down as CEO in 2021 and is still one of the major shareholders of ByteDance.
The leading position of Zhao Changpeng and Zhang Yiming reflects the profound influence of Chinese entrepreneurs in the global emerging technology wave - one shapes the future of decentralized finance, and the other leads the evolution of the global content ecosystem. The wealth map of the new economic era is being quietly redrawn by them.