#26 Billionaire
Zhang Yiming
$65.5B
CN
· Age 42
Source of wealth: TikTok
Industry: technology
Residence: Singapore
{
"bio": [
"Zhang Yiming is the main cofounder of Chinese tech giant ByteDance, best known for its insanely popular app TikTok, which has more than 1 billion users worldwide.",
"It also has interests in e-commerce, education, gaming and news.",
"Zhang stepped down as chairman of ByteDance in 2021 after resigning as CEO earlier that year, reportedly under pressure from the Chinese government.",
"In May 2024, ByteDance sued the U.S. government to overturn a law signed by President Joe Biden that would force the divestiture of TikTok or ban it nationwide.",
"Zhang started ByteDance in 2012 in a four-bedroom Beijing apartment."
],
"about": [
"He was a member of the 2013 Forbes China 30 Under 30 List."
]
}
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