The Founder of the Chinese Company that owns «TikTok» Loses $ 17 billion

  • International
  • 11 April 2023
1

Zhang Yimin, the founder of the Chinese “ByteDance” group that owns the “Tik Tok” application, decreased by $ 17 billion last year.

Zhang is still the second richest businessman in the world under the age of forty, with an estimated wealth of $ 37 billion, according to statistics published by the Chinese company «Huron». He is preceded in this classification by Mark Zuckerberg, head of the US giant Meta that owns “Facebook” and “Instagram”, whose wealth was estimated by “Huron” at $ 68 billion. According to the ranking, Zuckerberg also lost nearly $8 billion in money last year.

 

Source (Al Khaleej Emirate Newspaper, Edited)

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