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1. • Zhang Yiming

     • Zhang Yiming is the main founder of Chinese tech giant ByteDance, best known for its insanely popular app TikTok, which has more than 1 billion users worldwide. Zhang stepped down as chairman of ByteDance in November 2021 after resigning as CEO in May that year, reportedly under pressure from the Chinese government.
     www.forbes.com/profile/zhang-yiming/

     Zhang Yiming - Forbes

2. People also ask

   Who are ByteDance developers?

   • ByteDance was founded in 2012 by a development team led by Zhang Yiming and Liang Rubo. The duo were college roommates at Nankai University in Tianjin and started ByteDance in their shared apartment. Their goal as developers was to capitalize on the growing mobile Internet market with apps that could enrich their users’ lives.

   ByteDance | Apps, Controversies, & Facts | Britannica

   www.britannica.com/topic/ByteDance

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   Who owns ByteDance?

   • In 2012, Zhang co-founded ByteDance, a Beijing-based business that provides news aggregation services. The company is said to have had revenue of about 50 billion yuan ($7.4 billion) in 2018. It reported a revenue of $17 billion in 2019.

   Bloomberg Billionaires Index - Zhang Yiming

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   How much money does ByteDance make?

   • ByteDance has more than 1 billion users worldwide and had revenue of more than $110 billion in 2023. Zhang stepped down as chief executive in May 2021. Zhang's wealth is derived from his stake in ByteDance, the social media group behind video-sharing app TikTok.

   Bloomberg Billionaires Index - Zhang Yiming

   www.bloomberg.com/billionaires/profiles/yiming-zhang/

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   Who started ByteDance & what did he do?

   • Zhang started ByteDance in 2012 in a four-bedroom Beijing apartment and launched news-aggregation app Toutiao months later. He was a member of the 2013 Forbes China 30 Under 30 List. The report accuses both Israeli forces and Palestinian armed groups of committing war crimes and engaging in sexual violence.

   Zhang Yiming - Forbes

   www.forbes.com/profile/zhang-yiming/

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3. www.forbes.com › profile › zhang-yimingZhang Yiming - Forbes

   www.forbes.com › profile › zhang-yiming

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   2 days ago · Zhang stepped down as chairman of ByteDance in November 2021 after resigning as CEO in May that year, reportedly under pressure from the Chinese government.

   • Occupation: Founder

4. www.bloomberg.com › billionaires › profilesBloomberg Billionaires Index - Zhang Yiming

   www.bloomberg.com › billionaires › profiles

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   3 days ago · Zhang is a co-founder of ByteDance, the social media group behind video-sharing app TikTok. The Beijing-based company also owns the news aggregation service Toutiao.

5. www.forbes.com › profile › philippe-laffontPhilippe Laffont - Forbes

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   3 days ago · About Philippe Laffont. Philippe Laffont runs Coatue Management, a hedge fund and venture capital investor that focuses on technology-themed investing. Laffont founded Coatue Management in...

   • Occupation: Founder

6. www.britannica.com › topic › ByteDanceByteDance | Apps, Controversies, & Facts | Britannica

   www.britannica.com › topic › ByteDance

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   5 days ago · ByteDance was founded in 2012 by a development team led by Zhang Yiming and Liang Rubo. The duo were college roommates at Nankai University in Tianjin and started ByteDance in their shared apartment. Their goal as developers was to capitalize on the growing mobile Internet market with apps that could enrich their users’ lives.

7. www.forbes.com › profile › liang-rubo-1Liang Rubo - Forbes

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   3 days ago · Liang Rubo is the chairman of the board of ByteDance, the China internet giant that owns TikTok. Liang was a cofounder along with Zhang Yiming, who stepped down as CEO in 2021.

8. www.mirror.co.uk › news › politicsWhat happens to Larry the Cat? Beloved pet's future revealed ...

   www.mirror.co.uk › news › politics

   4 days ago · Beloved pet's future revealed as he gets new family. A whole lot is going to change at Downing Street after 14 years of Tory rule - but one thing will remain the same. Labour leader Keir Starmer ...

9. www.bloomberg.com › billionaires › profilesBloomberg Billionaires Index - Jeff Yass

   www.bloomberg.com › billionaires › profiles

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   2 days ago · Susquehanna also owns about 15% of ByteDance, the tech firm that developed social media app TikTok, based on an October 2020 Wall Street Journal report and adjustments for dilution from...