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Zhang Yiming, the person behind TikTok, one of the world’s most popular apps, has become a topic of discussion all over the world these days. Zhang, who once started his career as a tech entrepreneur, has today achieved such success that his net worth has even surpassed that of India’s leading businessman Mukesh Ambani.

The tremendous growth of ByteDance and its AI business has made him the second richest person in Asia with a net worth of $92.8 billion. In such a situation, let us know who is Zhang Yiming and how he created a wealth worth billions of dollars in just a few years.

Who is Zhang Yiming?

Zhang Yiming is a successful Chinese entrepreneur who has created ByteDance, the parent company of TikTok, the world’s most popular short video platform. He is recognized as a visionary business leader in the technology and internet sector. At a young age, he founded a company that changed the world of social media.

How much is the net worth?

According to reports, Zhang Yiming’s total wealth has now reached around $92.8 billion. A few years ago, his net worth was around $13 billion, but the ever-growing success of ByteDance has increased his wealth manifold. Along with the global popularity of TikTok, the company’s AI chatbot “Doubao” has also played a big role. This chatbot is being used by crores of people in China and is becoming famous rapidly.

Big bet on AI

ByteDance no longer wants to remain just a social media company. The company is also making big investments in the field of Artificial Intelligence. It is being told that the company is working on a plan to spend billions of dollars to strengthen AI technology, so that it can challenge big tech companies in China and other markets of the world.

Who is at number one?

Let us tell you that according to the new ranking, Zhang Yiming has left Mukesh Ambani behind. Ambani’s estimated wealth is said to be around $86.9 billion, while Gautam Adani remains the richest person in Asia with around $117 billion.