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THE TRUTH ABOUT: Zhang yiming | History Defined

TikTok Billionaire Zhang Yiming's Net Worth Soars Past Mukesh Ambani's — See Who Still Leads Asia

Zhang Yiming, co-founder of TikTok's parent ByteDance, becomes Asia's second-richest after a valuation boost to £69.1B. See how AI and strategic investments reshaped wealth rankings.

International Business Times UK

TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest person

Zhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index. The ByteDance cofounder’s fortune swelled more than sevenfold since Bloomberg started tracking his wealth in March 2019, when he was worth $13 billion.

The Economic Times

Top 10 world billionaires by country 2026: From Elon Musk in the United States to Mukesh Ambani in India

Billionaires around the world always have a different story of wealth as business scenarios change with time. There are more than 2600 billionaires globally, out of which over a third of billionaires live in the United States, followed by China ranking at number two globally. The number of billionaires has…

The Times of India

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UK minister calls TikTok desirable product but admits ‘genuine concerns’

Technology secretary Peter Kyle expresses fear of app being ‘propaganda vehicle’ but says it can deliver ‘exhilaration’ to users

The Guardian - UK

China’s richest person wants the ByteDance founder to apologize for not stopping an online smear campaign

Zhong Shanshan, chairman of Nongfu Spring, is blaming two of China’s Big Tech companies for troubles at his bottled water company.

Fortune

Spain flash floods are deadliest in decades ...Tech & Science Daily podcast

Plus, a fully automated transcript of today’s episode

Evening Standard

TikTok's founder is now China's richest person

Zhang Yiming has a net worth of $49.3 billion, which has grown 43% since 2023.

Fortune

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ByteDance founder Zhang Yiming tops China's rich list

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

The Independent UK

Bytedance: Tiktok's Chinese Owner - Key Facts

ByteDance, the company behind TikTok, is a Chinese tech giant with global reach and controversies.

Top News

From Facebook intern to the crosshairs of Congress: TikTok chief’s stellar rise

Shou Zi Chew, who joined ByteDance, the parent company in 2021, won’t let his children use the app

The Guardian - UK

EU Parliament bans staff from using TikTok on work phones

The European Parliament has told staff to purge TikTok from devices used for work because of data protection concerns, after similar moves by the EU's main governing bodies last week. The move follows scores of countries worldwide that have restricted use of the social media app.

Radio France Internationale

China's super-rich see fortunes plunge as economy slows

China's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing's zero-COVID measures and falling mainland and Hong Kong stock markets pummelled fortunes, an annual rich list said on Tuesday.

Reuters

TikTok has been accused of ‘aggressive’ data harvesting. Is your information at risk?

Users of the video app have been warned about its data practices and links to China. Can you keep your details safe?

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