ByteDance’s Zhang Yiming Becomes China’s Wealthiest Amid Decline in Nation’s Billionaire Count
In a significant shift within China’s economic elite, Zhang Yiming, co-founder of ByteDance and creator of TikTok, has reached the top of the 2024 Hurun China Rich List, becoming the wealthiest individual in the country. Zhang’s rise is emblematic of China’s transformation from an economy traditionally dominated by manufacturing and real estate to one where […]
