CZ Challenges Forbes Estimate That Puts Him Ahead of Bill Gates

Binance founder Changpeng Zhao has pushed back against a Forbes estimate that puts his net worth at $108.9 billion, making him the world's 18th-richest person and surpassing Microsoft co-founder Bill Gates.

CZ questioned the logic behind the calculation, pointing out that his net worth could not logically increase by $47 billion in a year when cryptocurrency prices fell by over 50%. This highlights a fundamental disconnect between Forbes' methodology and actual market conditions affecting crypto-related assets.

The exchange's founder also agreed with another user who described the Forbes billionaire list as 'randomly guessed numbers'.