Zhang Yiming, co-founder of ByteDance, TikTok’s parent company, has become China’s wealthiest individual, with a fortune now estimated at $49.3 billion, according to the Hurun Research Institute. The 41-year-old’s wealth surged by 43% from 2023, driven by ByteDance’s strong global performance. Zhang, who stepped down from an active role in the company in 2021, still …
Continue reading “TikTok Founder Zhang Yiming Becomes China’s Wealthiest Person”