Binance founder's fortune to rise by $20.7 billion in 2024

Billionaire Changpeng Zhao, founder of cryptocurrency exchange Binance, has seen the biggest annual gain in the crypto community, with his fortune rising by an estimated $20.7 billion in 2024 alone.

With this gain, his fortune reached $55 billion, making him the richest cryptocurrency billionaire, and the 24th richest person in the world.

His wealth is tied to his 90% stake in Binance, the world's largest cryptocurrency exchange by volume, which he founded in 2017.