TikTok Founder Accumulates Fortune of R$ 540 Billion and Becomes China's Richest Man
ChinaDiscovery CommerceTikTok ShopShoppable VideoSocial CheckoutHardware.com.br · October 28, 2026 at 1:38 PM · Translated from Portuguese
Zhang Yiming, the founder of ByteDance, the company behind TikTok, has become China's richest man with an estimated fortune of US$ 99.7 billion. His wealth grew 43% in one year, driven by the success of artificial intelligence. The founder of DeepSeek also entered the group of the country's top ten richest people.
Zhang Yiming's success is largely due to the popularity of TikTok, which has become a global phenomenon. The app's algorithm, powered by artificial intelligence, has been able to captivate users and keep them engaged, leading to significant revenue growth for the company. This growth has a significant impact on social commerce, as TikTok continues to be a major platform for creators and businesses to reach their audiences.