Artificial intelligence has helped propel Zhang Yiming, founder of TikTok parent ByteDance, past Gautam Adani to become Asia’s richest person,
read more How AI helped TikTok founder Zhang Yiming overtake Asia’s billionaire elite
Zhang Yiming, the founder of TikTok parent company ByteDance, has become Asia’s richest person with a net worth of $105.5 billion. The Chinese entrepreneur has surpassed Indian businessman Gautam Adani, who is worth $104.8 billion, according to Bloomberg. Zhang Yiming, who owns about 21 percent of ByteDance, has seen his fortune grow by $12 billion this month alone, following new valuations of the company by BlackRock and Fidelity.