TikTok Founder Zhang Yiming, 38, Is Among World's Richest With $60 Billion Fortune
Zhang Yiming owns about a quarter of ByteDance, could be worth more than $60 billion. Just last year, the world's most valuable startup, ByteDance Ltd., was being squeezed from all sides. The Trump administration wanted the Chinese firm, which owns the ubiquitous TikTok video-sharing platform, to get rid of assets. Beijing was cracking down on tech businesses, and India blacklisted some of its social-media apps. For all the obstacles, ByteDance kept growing. Now its founder, 38-year-old Zhang Yiming, is among the world's richest people -- a distinction that lately has carried increased risks ...
Source: ndtv.com