TikTok founder tops US$100 billion and reclaims first place among China's richest

TechnologyInternationalPortafolioOct 27, 2026, 4:09 PM35 s readAI summary

Zhang Yiming, founder of ByteDance, TikTok's parent company, reclaimed the top spot among China's largest fortunes with a record net worth of 670 billion yuan, about US$100.48 billion, according to Hurun Report. He added nearly US$30 billion driven by the growth of ByteDance's artificial intelligence businesses. The list includes 1,529 entrepreneurs with fortunes above 5 billion yuan, and their combined wealth grew 7% to 32 trillion yuan, roughly US$4.8 trillion, as of September 1.

In 35 seconds

Zhang Yiming, 43, leads the Hurun Report ranking for the second time, after holding the top spot in 2024.
His fortune rose by about US$30 billion on the development of ByteDance's AI operations.
Zhong Shanshan fell to second place with 410 billion yuan, about US$61.5 billion.

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IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

ByteDance
TikTok
inteligencia artificial
China
fortunas

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TikTok founder tops US$100 billion and reclaims first place among China's richest

In 35 seconds

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