Excluding his cryptocurrency holdings, Binance CEO, Changpeng \u201cCZ\u201d Zhao, is worth over $96 billion according to a new estimate. The estimate makes him the 11th richest person in the world. Changpeng Zhao is the world\u2019s richest crypto billionaire According to the latest Bloomberg Billionaire Index, Changpeng Zhao is the world\u2019s biggest cryptocurrency billionaire. The index estimates his net worth to be around $96 billion. This estimate makes him the 11th richest person in the world, ahead of Mukesh Ambani, CEO of Indian conglomerate Reliance Industries, and behind Larry Ellison, co-founder of Oracle. According to Bloomberg\u2019s report, the estimate is based on his stake in Binance which is calculated to be about 90% after reviewing the exchange\u2019s regulatory filings. Binance is the biggest cryptocurrency exchange globally by trading volume and generated over $20 billion in revenue last year. While the estimate already puts him in the league of other technology billionaires including Facebook\u2019s Mark And Google\u2019s Larry Page and Sergey Brin, Bloomberg notes that Zhao\u2019s wealth may even be more if his cryptocurrency portfolio is considered. Different estimates of Zhao\u2019s net worth have emerged over time. Early last year, Forbes estimated that he owned about 30% of Binance and was worth around $1.9 billion. Others including Hurun and China\u2019s Caijing Magazine have estimated CZ to be worth $8 billion and $9 billion respectively. CZ was not the only crypto billionaire to gain prominence last year. The industry also saw the likes of Sam Bankman Fried, the founder of FTX cryptocurrency exchange, and Brian Armstrong, CEO, and co-founder of Coinbase join the crypto billionaire rank last year. A breakdown of the Crypto-assets making the CZ\u2019s portfolio CZ is pretty conservative about the amount of cryptocurrencies he holds. In November, he told the Associated Press that his cryptocurrency portfolio consists of just \u201csome Bitcoin\u201d he bought in 2015 and continues to hold, and Binance Coin (BNB). He noted that BNB forms the bulk of his wealth and he has no investments in any other projects, \u201ccrypto or not crypto.\u201d Zhao added that what he plans to do with his huge personal wealth is to give it to charity, following the example of other wealthy figures. Personally, I\u2019m financially free. I don\u2019t need a lot of money, and I can maintain my lifestyle in this way. I do intend to give away most of my wealth, like many wealthy entrepreneurs or founders did from Rockefeller until today. I do intend to give away 90, 95, or 99% of my wealth, he told AP. \u00a0 The post Binance CEO CZ now worth more than Satoshi Nakamoto appeared first on CoinGape.