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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 ...
ByteDance cofounder Zhang Yiming is now China's wealthiest person. ... The total wealth measured on the Hurun China Rich List this year amounted to $3 trillion, a 10% dip from last year.
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 ...
[1] [2] On November 4, 2021, Zhang stepped down as CEO of ByteDance, [3] completing a leadership handover announced in May 2021. [4] According to Reuters, Zhang maintains over 50 percent of ByteDance's voting rights. [5] The surging global popularity of TikTok made Zhang the richest man in China in 2024. [6]
This list includes Internet company founders and people brought on to companies for their general business or accounting acumen, as is the case with some CEOs hired by companies started by entrepreneurs.
ByteDance stated that it had been licensed for using the API outside the Chinese market, its own chatbot is available only within China, and ChatGPT-generated data have been deleted from ByteDance's training data since the middle of 2023. Scraping existing AI models is a common shortcut for smaller companies but considered unusual for the likes ...
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 ...
With a net worth of $7.5 billion in 2022, Dantchik is the 104th richest person in the United States. [2] Dantchik is a member of the board of directors of ByteDance, the Chinese parent company of social media website TikTok. [3]