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TikTok Billionaire Overtakes Ambani as Asia’s Second Richest

Posted

June 3, 2026

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Zhang Yiming's net worth climbed to $92.8 billion, making him Asia's second-richest person and China's richest person. #asia #tiktok #ambani #india #china

The surge in Zhang's net worth comes amid the success of ByteDance's video app TikTok and its Doubao AI chatbot, which has more than 300 million monthly users.

Zhang's wealth jumped by more than $24 billion after Bloomberg analyzed valuations from investors, with his fortune swelled more than sevenfold since Bloomberg started tracking his wealth in March 2019.

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TikTok Billionaire Overtakes Ambani as Asia’s Second Richest · Bloomberg News · Sentinel