Founder of TikTok crowned as wealthiest individual in China

Founder of TikTok crowned as wealthiest individual in China

The soaring global popularity of TikTok has resulted in the co-founder of its parent company, ByteDance, becoming China’s wealthiest individual. As per a rich list compiled by the Hurun Research Institute, Zhang Yiming now holds a fortune of $49.3 billion (£38 billion) – a 43% increase from 2023. The 41-year-old stepped down from his leadership … Read more