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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 November 4, 2021, Zhang stepped down as CEO of ByteDance, [3] completing a leadership handover announced in May 2021. [4]
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He founded NetEase and became the richest individual on the Chinese mainland in 2003 (7.6 billion yuan), becoming the country's first internet and gaming billionaire. According to the Hurun Report 2013, his net worth is estimated to be $5.2 billion. [2] [4] In 2012, it was confirmed that Ding branched NetEase's activities out into pork ...
This is an increase of 141 members and $2 trillion from 2023, which held the previous record for the highest net worth gain on the list, surpassing the $900 billion record set in 2022. Two-thirds of the list members are wealthier compared to the previous year, including Mark Zuckerberg, whose net worth increased by $112.6 billion.
These were the top net-worth gainers on Wednesday, according to Forbes' real-time billionaires list. 1. Elon Musk. Daily wealth gain: $20.9 billion. Net worth: $285.6 billion.
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ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing, and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
Net worth also changes with age. Many people reach their highest net worth in early retirement, peaking in the 65-74 age range at a median of $409,900 and average of $1,794,600.