Binance CEO Changpeng Zhao tops the list of the richest crypto billionaires with a net worth of $96 billion.

According to Bloomberg CZ ranking Binance ranks 11th among the richest people in the world, and it remains the largest cryptocurrency exchange in terms of trading volume.

44-year-old crypto entrepreneur CZ has surpassed Asia’s richest billionaire Mukesh Ambani, despite Bloomberg’s exclusion of his personal crypto holdings such as Bitcoin (bitcoin) and the exchange’s internal Binance Coin (BNB) Token.

According to Bloomberg estimates, CZ is second only to Oracle co-founder Larry Ellison, who currently has a net worth of about $11 billion. While this is the first time Bloomberg has estimated CZ’s wealth, Binance’s growth trajectory suggests it has the potential to surpass tech giants like Meta’s Mark Zuckerberg and Google co-founders Larry Page and Sergey Brin.

At present, Zuckerberg, Page and Brin are ranked 5th, 6th and 7th respectively, and Tesla CEO Elon Musk is the top billionaire with a net worth of $263 billion.

Top 10 richest billionaires. Source: Bloomberg Billionaires Index.

data from Cointelegraph Market Pro TradingView confirmed that the price of BNB has risen by more than 1,300% in the past year alone. If calculated, CZ would be the first cryptocurrency entrepreneur to make the top 10 billionaire list.

BNB token price performance in fiscal 2021. Source: TradingView.

related: Ex-Binance exec says exchange is worth $300B: report

Binance’s global success can be attributed to CZ’s Ongoing Efforts to Obtain an Operating License In all jurisdictions worldwide. Despite regulatory hurdles, Binance maintains continued partnership and acquisition momentum to remain the leader in crypto trading.

Recently, the Crypto exchange completes acquisition of Swipe, a well-known provider of encrypted Visa cards, with operations in more than 70 million locations worldwide. In addition, Binance has launched a $1 billion initiative, Accelerate the development of Binance Smart Chain ecosystem and drive mainstream adoption across the fintech space.