TikTok founder Zhang Yiming becomes China's richest person

Zhang Yiming, the founder of ByteDance, the company that owns the social network TikTok, has become the richest person in China. According to the Bloomberg Billionaires Index, the 41-year-old entrepreneur's wealth increased by $13.6 billion in 2024 and reached $57.5 billion by the end of March 2025.

List of the richest people in China

After Zhang Yiming, the leaders of China's largest companies are:

1. Zhang Yiming (ByteDance) - $ 57.5 billion
2. Pony Ma (Tencent) - $ 56.6 billion
3. Zhong Shanshan (Nongfu Spring) - $ 54.1 billion

Tencent Holdings co-founder Pony Ma took second place with a capital of $ 56.6 billion. Nongfu Spring CEO Zhong Shanshan took third place with a fortune of $ 54.1 billion.

Changes among Chinese billionaires

In 2023, Pony Ma took first place on the Bloomberg Billionaires Index, with a fortune estimated at $ 43.7 billion. At that time, Zhong Shanshan ($43.6 billion) was in second place, and Zhang Yiming ($43 billion) was in third place. Within a year, Zhang Yiming's capital increased dramatically and he rose to first place.

It is said that the global success of ByteDance and the growth of TikTok had a significant impact on Zhang Yiming's wealth.

Elon Musk may become the first trillionaire

In addition, Bloomberg analysts predict that Tesla and SpaceX CEO Elon Musk may become the world's first trillionaire by 2027.

One of the main trends today is that technology companies and startups are becoming the largest sources of wealth in the world. Follow “Zamin” news on “Telegram”