TikTok founder becomes China’s richest person. Who is Zhang Yiming? All you need to know

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TikTok founder becomes China’s richest person. Who is Zhang Yiming? All you need to know

Zhang Yiming, who founded TikTok's parent company ByteDance Ltd., is now China's richest person according to Bloomberg. Zhang Yiming ranks after Mukesh Ambani, Gautam Adani According to the Bloomberg Billionaire's Index, Zhang Yiming now ranks as Asia’s third richest person after Reliance chairperson Mukesh Ambani and Adani Group chairperson Gautam Adani. Mukesh Ambani is Asia's richest man with a net worth of $90.9 billion, while Gautam Adani comes next with a net worth of $72.3 billion. As per the Bloomberg report, the TikTok founder's wealth has jumped by $10 billion after it analysed the “the valuations from investors BlackRock Inc., Fidelity Investments and T. Rowe Price Group Inc. and the company’s plans to buy back employee stock at a valuation of $312 billion.” Who is Zhang Yiming?

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