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ByteDance Founder Is China’s Richest Person

The Information · Juro Osawa · last updated

Zhang Yiming, the founder of TikTok’s parent ByteDance, is China’s richest person, according to an annual ranking of the country’s wealthiest individuals.

Zhang’s wealth now amounts to $49.3 billion, according to the 2024 Hurun China Rich List. Last year, he was ranked No. 5 with $33.7 …

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