BEIJING (AFP): Zhang Yiming (pic), the founder of TikTok parent company ByteDance, saw his personal fortune fall by US$17 billion last year, according to a new Chinese ranking published Thursday (April 6).
The reasons for the losses are unknown, but Zhang is still the second-richest entrepreneur in the world under the age of 40, with wealth valued at $37 billion, according to statistics published by the Chinese firm Hurun.
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