The founder of Tik Tok became the richest man in China

    Zhang Yining, the founder of Bitte Danke, which owns TikTok, topped the ranking of the richest people in China. His fortune is listed at $49.3 billion. This was reported by Reuters with reference to the business publication Hurun ("Huzhun").

    According to the publication, ByteDance's global revenue increased by 30% in 2023, to $110 billion, and the number of TikTok app users in the United States approached 200 million.

    Zhong Nanshan, 70, a bottled water magnate, lost the first place for the first time in three years, placing in second place with $47.9 billion, reports forbes.kz.