Binance Coin (BNB) has recently surged to new all-time highs, significantly impacting the estimated value of holdings belonging to Binance's co-founder, Changpeng "CZ" Zhao. As BNB breaks new ground, CZ's estimated BNB holdings have reached an impressive $75 billion.
BNB's Record-Breaking Performance Binance Coin (BNB) has experienced a remarkable surge, hitting a new all-time high of $827 on July 23, 2025. While the price has slightly pulled back to around $819.49, the bullish momentum remains strong. This surge represents an 8.48% increase over the past week and nearly 5% in the last 24 hours, supported by a robust trading volume exceeding $2.4 billion. With a market capitalization surpassing $114 billion, BNB has solidified its position as one of the top-performing digital assets in 2025.
Several factors contribute to BNB's impressive rally. The growing adoption of the BNB Chain, successful launches of new decentralized applications (dApps), and increased investor interest in centralized exchange tokens are key drivers. Additionally, a broader bullish trend in the crypto market, fueled by institutional capital flowing into large-cap altcoins, has further propelled BNB's price appreciation. Nano Labs, a Nasdaq-listed firm, recently built a $90 million BNB treasury, signaling a trend where companies are diversifying beyond Bitcoin and Ethereum.
CZ's Significant BNB Holdings Changpeng Zhao, known as CZ, the co-founder of Binance, holds a substantial amount of BNB. Forbes estimated CZ to own approximately 94 million BNB tokens, representing about 64% of the circulating supply. Recent data indicates that CZ's BNB holdings alone are worth a staggering $75.8 billion. This figure does not include CZ's other assets, such as his stake in Binance. In February 2025, CZ disclosed that 98.6% of his portfolio is in BNB, with only 1.3% in Bitcoin.
CZ's Net Worth and Global Ranking With the surge in BNB's price, CZ's net worth has significantly increased. Bloomberg estimates CZ's net worth at $60 billion, ranking him as the 27th richest person in the world. However, this estimate primarily considers his stake in Binance and does not fully account for his personal BNB holdings. Considering CZ's BNB holdings, his net worth could be considerably higher, potentially exceeding $136 billion. At this level, CZ would rank among the wealthiest individuals globally, surpassing figures like Bill Gates and Michael Dell.
Market Dynamics and Future Outlook The surge in BNB's price reflects broader market trends and increasing confidence in the Binance ecosystem. Analysts point to BNB's superior risk-adjusted returns, with a five-year Sharpe ratio of 2.5, indicating $2.50 in returns for every $1 of risk taken. This performance surpasses traditional indices and other major cryptocurrencies, attracting sophisticated investors.
Several factors could influence BNB's future price trajectory. Continued dominance of Binance in global exchange volumes, growth in BNB Chain usage, token burn mechanisms reducing circulating supply, increasing regulatory clarity, and further institutional adoption could drive BNB's price higher.
Analysts predict a wide range for BNB's price in 2025. Some estimate a range between $581 and $1,000, with an average price of $790. Others project a range between $900 and $1,100, assuming favorable macroeconomic conditions and sustained growth in decentralized finance. More optimistic forecasts suggest BNB could reach $1,178.92, with an average trading price of $982.43. BitBull suggests that if current levels are maintained, a move past $1,000 could be reached by Q4 2025, with longer-term projections reaching as high as $2,000.