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Forbes claims that former Binance CEO Changpeng Zhao is the 24th richest person globally due to his BNB token ownership. 
Zhao reportedly owns 64% of Binance’s <a href="https://crypto.news/price/bnb/" rel="">BNB</a> token circulating supply. At current prices, the 94 million coins Zhao is said to control is worth more than $56 billion. 
The report also states that he owns an approximate 90% stake in the Binance exchange. 
While the crypto exchange has been the subject of concerning headlines, resulting in Zhao stepping down from a leadership role and serving a prison sentence. Yet at the same time, BNB has surged this year.&nbsp; 
 You might also like: <a href="https://crypto.news/binance-coin-bnb-price-outlook-as-futures-open-interest-slips/" rel=""> Binance Coin (BNB) price outlook as futures open interest slips </a> 
<a href="https://www.coingecko.com/en/coins/bnb" target="_blank" rel="">CoinGecko</a> data showed a 141% price increase in the past 14 months. The cryptocurrency broke its all-time high (ATH) earlier this month, peaking at $717. BNB has returned 1,497,749% since it launched as an initial coin offering in 2017, serving as a backbone for Binance’s debut in the same year. 
In comparison, the S&amp;P500 has posted 3,540% in gains throughout its existence as an investment index.&nbsp; Reports from crypto.news also suggest that BNB could retest its ATH soon and continue its bullish momentum to higher prices. 
Zhao’s fortune could swell even further as he <a href="https://crypto.news/binance-founder-changpeng-zhao-begins-prison-sentence/" target="_blank" rel="">serves</a> a four-month jail term in a California prison. 
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 Read more: <a href="https://crypto.news/binance-founder-changpeng-zhao-begins-prison-sentence/" rel=""> Binance founder Changpeng Zhao begins his prison sentence in California </a>

Former Binance CEO CZ reportedly owns 64% of BNB supply

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