Zhang Yiming overtakes Gautam Adani as Asia's richest person on Bloomberg's index
ByteDance co-founder Zhang Yiming topped the Bloomberg Billionaires Index with a fortune of over $105 billion, overtaking Indian industrialist Gautam Adani. The wealth increase is linked to a revaluation of his ByteDance stake by BlackRock, Fidelity, and T. Rowe Price.
- Zhang Yiming's fortune is estimated at $105+ billion by Bloomberg
- Forbes estimates his wealth more modestly at $84 billion
- His wealth grew by more than $12 billion in a month
- ByteDance bets on AI: chatbot Doubao and a 10 trillion parameter model
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