Since 2016 the beginning, TikTok has grown to over 500 million monthly active users worldwide and attracted the interest of digital titans like Facebook and Google. The millionaire creator of TikTok and its parent firm ByteDance, however, Zhang Yiming, is considerably less well-known than the video-sharing platform that has grown to be the most popular app in the world.
Zhang, a software engineer who graduated from Tianjin’s Nankai University, Zhang supervises an estimated 24% of a company called ByteDance By making him the 9th richest person in China according to Forbes’ real-time list of billionaires. Zhang is believed to have a net worth of $16.2 billion.
Since starting the company in 2012, the 35-year-old has had incredible success, landing him a position on the Forbes China 30 Under 30 list in 2013. According to Pitchbook, the Beijing-based business has raised a total of $7.5 billion, and investors value it at $75 billion.
