TikTok founder Zhang Yiming is now China’s wealthiest person with a net wealth of USD 49.3 billion. The person who previously held this title for three years was Zhong Shanshan, founder of bottled water company Nongfu Spring. According to Wedbush Securities, TikTok itself is worth USD 100 billion of ByteDance’s value. TikTok has at least doubled (or tripled) the app’s worth because of its algorithm. The US government believes TikTok is a national security risk because of China’s potential to access American users’ data. What do you guys think of the TikTok founder and his new title? Watch YugaTech's very own Joey Maceda and Miguel Ty try their hand bringing tech content to popular video sharing app, TikTok with the help of Jiro Morato and Shyr Balagtas, two of the platform's most popular creators. Globe has just announced its partnership with the short-form video platform TikTok. Read more in our articles including "TikTok founder now China’s wealthiest person" and "Watch: Bringing TECH to TIKTOK?! ft. Jiro Morato & Shyr Balagtas".
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May 26, 2026TikTok founder Zhang Yiming is now China’s wealthiest person with a net wealth of USD 49.3 billion. The person who previously held this title for three years was Zhong Shanshan, founder of bottled water company Nongfu Spring.
According to Wedbush Securities, TikTok itself is worth USD 100 billion of ByteDance’s value. TikTok has at least doubled (or tripled) the app’s worth because of its algorithm. The US government believes TikTok is a national security risk because of China’s potential to access American users’ data.
Our coverage of TikTok founder includes: "TikTok founder now China’s wealthiest person"; "Watch: Bringing TECH to TIKTOK?! ft. Jiro Morato & Shyr Balagtas"; "Globe partners up with TikTok by launching data promos, contest". Each article provides unique insights and information.