Yiming Zhang
Zhang Yiming (Chinese: 张一鸣; born 1 April 1983) is a Chinese Internet entrepreneur. He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok). Zhang is one of the richest individuals in the world, with an estimated net worth of US$105 billion as of September 2026, according to Bloomberg. He is the first Chinese centibillionaire. On 4 November 2021, Zhang stepped down as CEO of ByteDance, completing a leadership handover announced in May 2021. According to Reuters, Zhang maintains over 50 percent of ByteDance's voting rights. The surging global popularity of TikTok made Zhang the richest man in China in 2024.
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