TechFlow news — According to Forbes, Binance founder CZ has become the wealthiest person ever to be imprisoned and one of the richest individuals in the cryptocurrency industry. His fortune amounts to $61 billion, ranking him 24th on the global billionaires list, just behind Julia Koch and her family.
CZ's wealth primarily stems from his 90% ownership stake in Binance. Despite stepping down as CEO in November 2023 to settle with the U.S. Department of Justice and paying a $50 million fine, his net worth remains immense. Another key factor is his holding of 94 million BNB tokens issued by Binance, representing 64% of the circulating supply.
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