Meet Zhang Yiming, the secretive Chinese billionaire behind TikTok who made over $12 billion in 2018 and called Trump’s demands to sell the app ‘unreasonable’
Visual China Group via Getty Images; Ruobing Su/Business Insider
Zhang Yiming built a $16.2 billion fortune after founding ByteDance, the Chinese software developer behind TikTok.
Despite being one of the wealthiest people in China, Zhang is extremely private and little is known about his personal life.
TikTok is currently in negotiations to sell its US operations to Microsoft amid a threat of a ban from President Trump, sparking fierce criticism of Yiming on Chinese social media.
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The widespread popularity of TikTok has not just created a new generation of social media stars, it’s also created a social media billionaire.
Zhang Yiming, the 36-year-old software engineer who founded the app’s parent company, now has a net worth of $16.2 billion, Forbes estimates. Despite being one of the