Zhang Yiming

Zhang Yiming is the founder of ByteDance, one of China’s largest media content platforms; he was formerly the company’s CEO and chairman. The privately held company raised fresh investment funds at a valuation of $180 billion in 2020; Zhang owns an estimated 22% stake of ByteDance. ByteDance is most known for its news app Toutiao and social video app TikTok; its shareholders include Sequoia Capital China. In August 2020, President Trump ordered ByteDance to sell TikTok’s U.S. operations, a transaction that did not end up taking place. Zhang was a member of the 2013 Forbes China 30 Under 30 List.