TikTok Co-founder Resigns At 38 With Net Worth Of $45 Billion To Read, Listen To Music Yiming has announced his resignation from the company over his lack of managerial skills while stating that he needs to invest ample time in self-development. by Saharareporters, New York May 25, 2021 One of the billionaire co-founders of TikTok, Zhang Yiming, is stepping down as CEO of ByteDance, the Chinese company that owns the short video app, TikTok. Yiming has announced his resignation from the company over his lack of managerial skills while stating that he needs to invest ample time in self-development.
According to Bloomberg, he resigns with a net worth of $44.5 billion, making him 31st on a list of the world's richest people.