This is China's 'Mukesh Ambani', owner of billions of wealth!
You must have heard the name of short video making app TikTok. Today we are going to tell you about Zhang Yiming, the founder of its parent company ByteDance Ltd. According to the Bloomberg Billionaires Index, Zhang Yiming's net worth is $57.5 billion. In this year alone, his wealth has increased by $13.6 billion, making him the 24th richest man in the world.
These are also included in the richest people of China
The list of richest people in china after Zhang also includes Tencent co-founder and CEO Ma Huateng ($56.6 billion), Nongfu Spring founder Zhong Shanshan ($54.1 billion), xiaomi founder and CEO Lei Jun ($44.9 billion) and Pinduoduo founder and former CEO Colin Huang ($43.2 billion). Alibaba founder Jack Ma, who was once the richest person in china, is now in sixth place with a net worth of $39.6 billion.
Zhang likes to keep his life private
Zhang, the owner of TikTok, popular among social media influencers, keeps his life private. He resigned as the CEO of the company in 2021 after nearly a decade of his leadership. According to a Reuters report in 2021, Zhang told his company's employees that he is not very social. He likes to stay online, read and listen to music. He also admitted that he lacks the skills required to become a good manager, so he is good for non-managerial roles.
The journey started in 2012
Born in 1983 in Fujian province of china, Zhang graduated from Nankai university in 2005. Before starting ByteDance in 2012, Zhang also worked in companies like travel booking startup Kuxun and Microsoft. TikTok (originally named Douyin) was launched in september 2016. Since then it has been one of the most popular social networks in the world. By september 2024, its number of users in the US was more than 170 million.
click and follow Indiaherald WhatsApp channel