Zhang Yiming, founder of ByteDance and TikTok parent, loses $17 billion in 2022

  • Zhang Yiming, the founder of ByteDance and parent company of TikTok, lost $17 billion in 2022.
  • The reasons for the losses are unknown.
  • Despite the losses, Zhang is still the second-richest entrepreneur in the world under the age of 40, with wealth valued at $37 billion.


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