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Zhang is one of the richest individuals in the world, with an estimated net worth of US$45.6 billion as of October 2024, according to Forbes and US$43.1 billion according to Bloomberg Billionaires Index. [1] [2] On 4 November 2021, Zhang stepped down as CEO of ByteDance, [3] completing a leadership handover announced in May 2021. [4]
Zhang Yiming, the 41-year-old software engineer who founded the app's parent company, ByteDance, now has a net worth of $49.3 billion, according to the 2024 Hurun China Rich List, which documents ...
Zhang Yiming has a net worth of $49.3 billion, which has grown 43% since 2023. ... Zhang stepped down as ByteDance CEO in 2021, but still owns about 20% of the company.
Zhang Yiming was ByteDance's chairman and CEO from its founding in 2012 until 2021, when co-founder Liang Rubo took over as CEO. [47] On 19 May 2020, ByteDance and Disney released an announcement that Kevin Mayer, head of Disney's streaming business, would join ByteDance. From June 2020 to his resignation 26 August 2020, Mayer was the CEO of ...
ByteDance founder Zhang Yiming is China's richest person, with personal wealth of $49.3 billion, an annual rich list showed on Tuesday, although counterparts in real estate and renewables have ...
5./15 WEST/istockphotoIn a remarkable shift atop China’s wealth rankings, Zhang Yiming — the visionary behind ByteDance and the massively popular TikTok app — is now the country’s richest ...
May.19 -- Zhang Yiming, founder of ByteDance Ltd., will step down from his role as chief executive officer. The owner of the popular short-video app TikTok says human resources chief Rubo Liang ...
On Thursday Zhang Yiming made a key move to achieve that. Creating new leadership positions for ByteDance's China business, Zhang said in a letter to employees he would now focus on global ...