Peng Zhao Citadel Net Worth (Updated 2025).

Peng Zhao Citadel, a name now synonymous with innovation and success in the tech industry, began its journey in the quiet, unassuming town of Shenzhen, China. Founded by the visionary Peng Zhao in 2015, the company started as a small-scale software development firm, with a team of just five passionate individuals. Zhao, a self-taught programmer with a knack for problem-solving, had always dreamt of creating something that would redefine the tech landscape. His first project, a simple yet efficient task management app, garnered local attention and laid the foundation for what was to come.

Peng Zhao Citadel’s Current Net Worth (2025)

As of 2025, Peng Zhao Citadel’s current net worth is estimated to be around $10 billion, according to Forbes. This significant wealth is primarily attributed to his successful career in the cryptocurrency industry.

Career

Peng Zhao Citadel, born in China, is a renowned entrepreneur and investor, best known for founding Binance, the world’s largest cryptocurrency exchange by trading volume. He started his career in 2013, working as a software engineer before co-founding Binance in 2017. Under his leadership, Binance has grown to serve over 90 million users across 180 countries.

Other Ventures

Beyond Binance, Zhao has invested in numerous blockchain and cryptocurrency startups. He is also the founder of Binance Labs, an incubator and venture capital fund, and Binance Charity, a non-profit organization focused on blockchain-powered aid. Additionally, he has ventured into mining operations, with Binance owning and operating several mining pools.

Assets

Peng Zhao Citadel’s assets include a significant stake in Binance, estimated to be around 30%. He also holds substantial investments in various cryptocurrencies, real estate, and other blockchain-related companies. His property portfolio includes luxury homes in Hong Kong and Singapore. Zhao is also known for his collection of high-end cars, including a Lamborghini and a Rolls-Royce.

Annual Income

As the founder and CEO of Binance, Peng Zhao Citadel’s annual income is primarily derived from his stake in the company’s profits. In 2021, Binance’s revenue was reported to be over $20 billion, indicating a substantial annual income for Zhao. However, the exact figure is not publicly disclosed.

Frequently Asked Questions about  Peng Zhao Citadel

Frequently Asked Questions: Peng Zhao Citadel Net Worth

1. Who is Peng Zhao?

Peng Zhao is a Chinese billionaire and the founder of Citadel Securities, a global financial technology company.

2. What is Citadel Securities?

Citadel Securities is a leading global financial technology company that provides a wide range of services, including market making, securities lending, and technology solutions for the financial industry.

3. How did Peng Zhao build his wealth?

Peng Zhao built his wealth by founding and growing Citadel Securities. He started the company in 2002 and has since grown it into a multi-billion dollar business.

4. What is Peng Zhao’s net worth?

Peng Zhao’s net worth is estimated to be over $10 billion.

5. How does Citadel Securities make money?

Citadel Securities makes money through various financial services, including market making, securities lending, and technology solutions. They provide liquidity to markets and facilitate trades for a wide range of clients.

6. Where is Peng Zhao based?

Peng Zhao is based in Chicago, Illinois, where Citadel Securities has its headquarters.

7. What is Peng Zhao’s educational background?

Peng Zhao graduated from the University of Illinois at Urbana-Champaign with a degree in computer science.

8. Is Peng Zhao involved in any philanthropic activities?

Yes, Peng Zhao is involved in philanthropic activities. He and his wife, Cindy, have established the Zhao Family Foundation, which focuses on education, health, and community development.

9. What is the market capitalization of Citadel Securities?

Citadel Securities is a privately held company, so its market capitalization is not publicly disclosed.

10. How many employees does Citadel Securities have?

Citadel Securities has over 2,000 employees globally.