China’s Richest

TikTok Founder Zhang Yiming Rises To China’s Richest As Billionaire Count Shrinks

Zhang Yiming, co-founder of TikTok's parent company, ByteDance, now stands as China’s wealthiest individual with a net worth of $49.3 billion. According to Hurun Inc., ByteDance’s revenue saw a remarkable 30% rise in 2023, reaching $110 billion. TikTok’s journey since its launch in 2017 has been a global success, though...