Zhang Yiming Tops Chinas Rich List as ByteDance Thrives
Zhang Yiming, the founder of ByteDance, has been named China’s richest person with a personal wealth of $49.3 billion, according to the latest annual rich list. Despite stepping down as CEO in 2021, Zhang’s fortune surged as ByteDance’s global revenue grew by 30% last year, reaching $110 billion. This growth helped him surpass Zhong Shanshan,…