Zhang Yiming
Zhang Yiming (; 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 billion , according to ''
Forbes''. 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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