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Thursday, October 31, 2024

Founder of TikTok owner tops China's rich list

 



Founder of TikTok owner ByteDance jumps to top of China's rich list as number of billionaires shrinks.  Zhang Yiming is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed.

Zhang, 41, who stepped down in 2021 as chief executive of ByteDance, the Beijing-based parent company of TikTok, becomes the 18th individual to be crowned China’s richest person in the 26 years since the Hurun China Rich List was first published.


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