Zhang Yiming net worth 2024: how rich is the Chinese internet entrepreneur?

Just how much is Zhang Yiming worth? Learn more about Yiming’s income, investments, and how Zhang Yiming made his fortune.
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Updated: Apr 17, 2024
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What is Zhang Yiming’s net worth?

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Currently, Zhang Yiming’s net worth in 2024 is estimated at $43.4 billion. Here are some more personal stats about Zhang Yiming.

Stats
Net worth$43.4 billion
ProfessionFounder and former CEO of ByteDance (TikTok)
Source of wealthByteDance (TikTok)
Date of birthApril 1, 1983
GenderMale
Place of birthLongyan, Fujian, China
EducationNankai University (B.Eng.), University of Pennsylvania (M.S.)
NationalityChinese

Visit our archives to find more about the net worth of various celebrities and financial professionals.

Who is Zhang Yiming?

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Zhang Yiming is a Chinese billionaire entrepreneur who founded ByteDance, the company behind the popular social media app TikTok. He served as the CEO of ByteDance from 2012 to 2021, before stepping down to focus on long-term strategy.

Zhang Yiming is known for his innovative approach to technology and his ability to create disruptive social media platforms. He is currently not married and does not have any publicly known children.

How did Zhang Yiming become rich?

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Zhang Yiming’s wealth is primarily derived from his ownership of ByteDance, the parent company of TikTok. As the founder and former CEO, he maintained a significant equity stake in the company, which has grown exponentially in value as TikTok became a global phenomenon.

Zhang Yiming’s ability to identify and capitalize on emerging social media trends has been the key driver of his immense wealth.

What makes up Zhang Yiming’s fortune?

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The vast majority of Zhang Yiming’s $44 billion net worth is composed of his ownership of ByteDance stock. He owned an estimated 20-30% of the company’s shares before stepping down as CEO in 2021.

Beyond his ByteDance holdings, Zhang Yiming has made some other investments, but his stake in the TikTok parent company is by far the most significant component of his overall fortune.

What companies does Zhang Yiming own?

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Zhang Yiming’s primary business ownership is in ByteDance, the parent company of TikTok and other social media and content platforms. He founded ByteDance in 2012 and served as the CEO until 2021, when he stepped down from the role.

Zhang Yiming remains a major shareholder and board member of ByteDance, but is no longer involved in the company’s day-to-day operations.

Zhang Yiming net worth growth over the years 

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Zhang Yiming’s annual income and financial position has fluctuated over the years. Here’s a look at how much Zhang Yiming has been worth over the last twenty five years.

YearZhang Yiming net worth
2024$43.4 billion
2023$44 billion
2022$50 billion
2021$59 billion
2020$35 billion
2019$16 billion
2018$12 billion
2017$7 billion
2016$4 billion
2015$2 billion
2014$1 billion
2013$500 million
2012$200 million
2011$100 million
2010$50 million
2009$20 million
2008$10 million
2007$5 million
2006$2 million
2005$1 million
2004$500,000
2003$250,000
2002$100,000
2001$50,000
2000$20,000
1999$10,000

What is Zhang Yiming’s salary in 2024?

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Zhang Yiming’s salary from ByteDance in 2023 was approximately $300 million. However, the vast majority of his wealth comes from his equity ownership in the company, rather than his base salary.

How much money does Zhang Yiming earn per year?

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Zhang Yiming’s estimated annual income is around $300 million, primarily derived from dividends, investment returns, and other payouts from his ownership of ByteDance shares.

How does Zhang Yiming spend his money?

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Zhang Yiming is known to maintain a relatively low-key lifestyle compared to his immense wealth. He has made some philanthropic donations, but the details of his personal spending habits are not widely publicized.

Zhang Yiming’s focus appears to be on continuing to innovate and grow his technology business ventures.

Key takeaways about Zhang Yiming, career highlights

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Here are some of the highs and lows of Zhang Yiming’s career so far.

  • Founded ByteDance in 2012, the parent company of TikTok
  • Served as the CEO of ByteDance from 2012 to 2021
  • Grew ByteDance into a global technology powerhouse, with TikTok becoming a viral social media sensation
  • Stepped down as CEO in 2021 to focus on long-term strategy
  • Remains a major shareholder and board member of ByteDance
  • Known for his innovative approach to technology and social media
  • Educated at Nankai University and the University of Pennsylvania

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Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.