TikTok owner becomes China's richest person

Bloomberg Billionaires Index showed on Thursday that he became the world's 24th richest person.

05 Apr 2025 05:17pm
This photo taken on April 23, 2018 shows Bytedance founder Zhang Yiming speaking during the 1st Digital China Summit in Fuzhou, in China's eastern Fujian province. - (Photo by AFP)
This photo taken on April 23, 2018 shows Bytedance founder Zhang Yiming speaking during the 1st Digital China Summit in Fuzhou, in China's eastern Fujian province. - (Photo by AFP)

ISTANBUL - The founder of ByteDance, and owner of TikTok, Zhang Yiming, became the richest person in China, Anadolu Ajansi (AA) reported, citing the Bloomberg Billionaires Index.

Bloomberg Billionaires Index showed on Thursday that he became the world's 24th richest person.

The Forbes Billionaires List and Hurun Rich List, a ranking of the richest individuals in China, also showed that he is the richest Chinese person.

According to Bloomberg, he has a wealth of US$57.5 billion, while Forbes' figure is at US$65.5 billion.

Yiming, 42, founded ByteDance in 2012, and the firm's value was over US$400 billion as of January 2025.

ByteDance is also the owner of popular mobile applications such as CapCut, Xigua Video and Douyin. - BERNAMA

Download Sinar Daily application.Click Here!

TIKTOK
China
richest person
Zhang Yiming
Bloomberg Billionaires Index
ByteDance
CapCut
Xigua Video
Douyin
Forbes Billionaires List
Hurun Rich List

More Like This
Gold medallist Algeria's Imane Khelif poses on the podium during the medal ceremony for the women's 66kg final boxing category during the Paris 2024 Olympic Games at the Roland-Garros Stadium, in Paris on Aug 9, 2024. - (Photo by MOHD RASFAN / AFP)
Gold medallist Algeria's Imane Khelif poses on the podium during the medal ceremony for the women's 66kg final boxing category during the Paris 2024 Olympic Games at the Roland-Garros Stadium, in Paris on Aug 9, 2024. - (Photo by MOHD RASFAN / AFP)
World Khelif willing to undergo sex test before 2028 Olympics
"I am not a transsexual. My difference is natural. I am simply like this. I have not done anything to change how nature created me," Khelif said.
A silhouette of a demonstrator is seen behind a Palestinian flag during a protest in solidarity with Palestinians and to condemn the interception of the Global Sumud Flotilla by the Israeli army in Bogota on Oct 2, 2025. - (Photo by RAUL ARBOLEDA / AFP)
A silhouette of a demonstrator is seen behind a Palestinian flag during a protest in solidarity with Palestinians and to condemn the interception of the Global Sumud Flotilla by the Israeli army in Bogota on Oct 2, 2025. - (Photo by RAUL ARBOLEDA / AFP)
World Over 9,300 Palestinians held in Israeli prisons as of February 2026
The detainees include 56 female prisoners, two of whom are minors and 350 children held in Megiddo and Ofer prisons.
A demonstrator holds a placard during a rally in solidarity with Palestinians and to protest against the interception by the Israeli navy of the Global Sumud Flotilla, with the New Mosque in the background in Istanbul, on Oct 5, 2025. - (Photo by YASIN AKGUL / AFP)
A demonstrator holds a placard during a rally in solidarity with Palestinians and to protest against the interception by the Israeli navy of the Global Sumud Flotilla, with the New Mosque in the background in Istanbul, on Oct 5, 2025. - (Photo by YASIN AKGUL / AFP)
World Global Sumud aid flotilla to set sail again for war-torn Gaza from Barcelona on March 29
"We will sail with, this time, thousands of participants, including more than a thousand doctors, nurses and health professionals."
People take pictures with cherry blossom trees at Ueno park during a rainy day in Tokyo on March 12, 2025. - (Photo by PHILIP FONG / AFP)
People take pictures with cherry blossom trees at Ueno park during a rainy day in Tokyo on March 12, 2025. - (Photo by PHILIP FONG / AFP)
World Mount Fuji cherry blossom festival cancelled due to overtourism
To manage the influx of visitors, nearby towns have in the past erected a view-blocking barrier to dissuade photo-hungry tourists, introduced an entry fee for hikers and capped their daily numbers.