Zhang Yiming’s net worth is primarily tied to his holdings in ByteDance, the parent company of TikTok. As of mid-2024, his net worth is estimated to be around $44 billion.
Here’s a breakdown of the key factors contributing to his wealth:
ByteDance Stock Holdings
Zhang Yiming’s primary source of wealth comes from his ownership stake in ByteDance, which owns popular apps like TikTok and Douyin. Zhang holds a significant percentage of the company’s shares, making up the largest portion of his net worth.
Real Estate
Yiming owns several high-value properties in China and abroad.
Other Investments
Yiming has various other investments, including in technology startups and venture capital funds.
Cash and Other Assets
Yiming has accumulated substantial cash and other liquid assets from profits and dividends over the years. These funds are used for investments, personal expenditures, and philanthropic activities.
Philanthropy
Zhang Yiming has committed significant funds to philanthropy, particularly in education and technology development through various foundations and charitable organizations.
Estimation Net Worth of Zhang Yiming
As of mid-2024, Zhang Yiming’s net worth is estimated to be around $44 billion. This estimate can fluctuate based on the performance of ByteDance and other investments.
You can find the Real-Time Billionaires List here.