ByteDance founder Zhang Yiming has claimed the title of China’s wealthiest individual, with a personal fortune reaching $49.3 billion, according to the annual Hurun China Rich List released Tuesday.

President Donald Trump's inauguration was packed with the ultra-rich, some seated closer to the incoming president than his ...

Zhang Yiming, the 41-year-old software engineer, who founded TikTok owner ByteDance, holds a net worth of $49.3 billion, making him the richest person in China He owns a 20% share in ...

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Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any ...

Challenges came in tandem with TikTok’s success. U.S. officials expressed concerns about the company’s roots and ownership, ...

ByteDance (BDNCE) is looking to spend over $12B on artificial intelligence infrastructure in 2025 and has allotted a budget ...

At only 41, Zhang Yiming has already founded the world’s most valuable startup, and recent headlines peg him as China's richest man. ByteDance has radically influenced culture around the world ...

SINGAPORE—Zhang Yiming chose a college by calculating which schools were far from home and had a favorable female-to-male ratio for finding love. He bought his first home by devising a formula ...