Zhang Yiming Net Worth 2023; Income, Wife, Parents & Biography
Who is Zhang Yiming?
Zhang Yiming is a Chinese Chinese businessman and entrepreneur. Zhang is best known for being the founder and CEO of ByteDance which is a Chinese internet technology company. In 2023, Zhang Yiming’s net worth is estimated to be $45 billion.
|Real Name:||Zhang Yiming|
|Date of birth:||April 1, 1983|
|Height:||5 ft 8 inches|
|Birthplace:||Longyan, Fujian, China|
|Zhang Yiming Net Worth 2023:||$45 billion|
Zhang Yiming was born on April 1, 1983 in Longyan, Fujian, China. Zhang grows up in the city of Longyan, and he is the only son of his parents grow up his parents. His father was a civil servant.
In 2001 he joined the Nankai University in Tianjin, where he started to studio primary subject is microelectronics; after some days, he changed to software engineering.
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He passed his graduation in 2005, and in 2006 Zhang became the first engineer and fifth employee of the travel website Kuxun. After a few days ago, he was promoted to technical director.
Zhang joined Microsoft in 2006, but soon he felt stifled by the company rules; he left Microsoft. He started his own company, a real estate search business, and another one 99fang.com.
Zhang was grown up as a single son with his parents. He met his wife in university life at Nankai University. The couple was happily married in a year. He did not publish her personal information publicly.
Age, Height, and Weight
In 2023, Zhang Yiming is 40 years old. Zhang Yiming’s height and weight are unknown soon, and we can provide them.
Zhang has a stake in ByteDance, a media group. He started this company in March 2012. This company has approximately 55 million monthly users and its headquarters of the company is in Beijing.
In 2011 he thought the Chinese people were facing problems with a smartphone with no relevant results. Then he starts his own company, and the idea is to provide relevant results to user searches and avoid irrelevant advertising.
At the start, no one shared and appreciated his thoughts, and even a single person in intrusted to invest in this company. In 2012 ByteDance launched the Toutiao news application, and within two years, it attracted more than 13 million people to this app.
In 2014, Sequoia Capital, an American firm focused on the technology industry, had its headquarters in Menlo Park. This company invested 100 million in 2014.
The company grows to success day by day. In 2014 the number of active users was more than 13 million. In 2015 the company launched its first international product Named TopBuzz.
The company acquired the News Republic and a global media news aggregator. Last month of 2018, the active user was across 1 billion.
Why did Zhang Yiming create TikTok?
According to Zhang, he wanted to start a company that would be different from the “old men’s” internet companies, which were not doing well. He wanted to create an internet company that would appeal to young people.
Zhang said, “The best way for me to understand young people was through the internet. I have never watched television, so I can’t understand them well.” He also said, “I don’t believe in old media.”
He created a new kind of Internet media: short video clips in a short time. The platform soon became very popular among young people and money soon followed. By 2017 TikTok had over 400 million users worldwide.
What does Zhang Yiming do with his money?
Zhang Yiming has donated money to charities and universities, but he also uses his money to build new companies. He has made investments in companies like Pinduoduo, which is an online shopping platform. His net worth was estimated at $59.4 billion in 2022, making him the fifth richest person in China, and one of the richest people in Asia.
Zhang Yiming is a Chinese entrepreneur who founded ByteDance and developed the news aggregator Toutiao and video sharing platform TikTok, formerly known as Musical.ly. According to Bloomberg Billionaires Index Zhang’s personal wealth in 2022 was estimated at $44.5 billion.
His net worth increased by $16 billion from 2017 to 2018 due to his investments in TikTok and Pinduoduo, which helped him increase his personal wealth by $4 billion from 2017 to 2018. Zhang was the fifth richest person in China and one of the richest people in Asia by the end of 2018.
According to a report by Richtopia, Zhang’s personal wealth increased by $16 billion from 2017 to 2018 due to his investments in TikTok and Pinduoduo, which helped him increase his personal wealth by $4 billion from 2017 to 2018. Zhang was the fifth richest person in China and one of the richest people in Asia by the end of 2018.
Why did Zhang Yiming retire?
Zhang Yiming retired from ByteDance in early August 2018 and announced his retirement from the company’s board of directors. He also resigned from the company’s top management committee.
By the end of 2018, Zhang was worth $4 billion more than he was at the beginning of 2018 and he had been named one of Forbes’ 30 Under 30 Asia for three consecutive years.
In 2015, Zhang was listed as the fifth most influential person in tech by “Forbes” magazine, which called him a “tech superstar”. In 2017, “Forbes” estimated his fortune at $1.5 billion and said that he would be worth over $2 billion by 2019.
Social Media Links
Zhang Yiming loves to share his pictures and videos on Twitter, Instagram, and Facebook. He continuously shares his activities on social platforms to engage his fans. He has 113K followers on Instagram. He is a celebrity star who has been widely followed on social media sites. Zhang Yiming’s net worth in 2023 is $45 billion.
Zhang Yiming Net Worth 2023 / Zhang Yiming’s Salary / Income
In 2023, Zhang Yiming is a Chinese internet entrepreneur and founder of TikTok with an estimated net worth of $45 billion. Zhang Yiming is one of the Chinese Entrepreneurs who introduce news apps and social media applications for national or inter-nation. According to Forbes, he has a 24% stake in Byte Dance. Another significant source of earnings is TikTok. In China, he is one of the wealthiest people and an internet personality.
Frequently Asked Questions
Why Zhang Yiming is so famous?
Zhang Yiming is a well-known Chinese internet entrepreneur, founder of TikTok, and owner of ByteDance.
How old is Zhang Yiming?
Zhang Yiming was born on April 1, 1983, and he is 38 years old.
Why was TikTok created by Zhang Yiming?
How did Zhang Yiming get so rich?
Zhang Yiming got rich by creating a new kind of Internet media that appealed to the young. He initially invested $100,000 into his company, which was later worth $1 billion. According to the Bloomberg Billionaires Index, Zhang’s net worth in 2022 was estimated at $44.5 billion. This made him the fifth richest person in China, and one of the richest people in Asia.
How much is the CEO of TikTok worth?
As of 2022, Zhang’s personal wealth was estimated at US$55 billion.
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