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He founded ByteDance in 2012, developed the news aggregator Toutiao and the video sharing platform Douyin (internationally known as TikTok). Zhang is one of the richest individuals in the world, with an estimated net worth of US$45.6 billion as of October 2024, according to Forbes and US$43.1 billion according to Bloomberg Billionaires Index.
Shou Zi Chew (Chinese: 周受资; born 1 January 1983) is a Singaporean business executive who has been the chief executive officer (CEO) of TikTok, an online video platform owned by Chinese company ByteDance, since 2021.
ByteDance Ltd. is a Chinese internet technology company headquartered in Haidian, Beijing and incorporated in the Cayman Islands. [7]Founded by Zhang Yiming, Liang Rubo, and a team of others in 2012, ByteDance developed the video-sharing apps TikTok and Douyin.
Wedbush analyst Dan Ives estimates TikTok is worth “well north of $100 billion” with the algorithm — and potentially up to $200 billion in a “best case scenario.” ... the former owner of ...
Learn more about the fast growing net worth of TikTok, and if you should invest. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
As of December 2021, 20-year-old Addison Rae Easterling has more than 86 million followers on TikTok. She became so successful, with a net worth valued at $8 million according to Celebrity Net ...
TikTok also played a major part in making "Old Town Road" by Lil Nas X one of the biggest songs of 2019 and the longest-running number-one song in the history of the U.S. Billboard Hot 100. [119] [120] [121] TikTok has allowed many music artists to gain a wider audience, often including foreign fans.
The company in Dec 2023 offered to buyback around $5 billion worth of shares from investors at a price of $160 each, which valued the company at $268 billion. ... TikTok and ByteDance sued in U.S ...