Business & Enterprise3 min reading time

Zhang Yiming overtakes Gautam Adani as Asia’s richest person on Bloomberg’s index

Covered by 2 sources
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ByteDance co-founder Zhang Yiming has become Asia's richest person with an estimated net worth exceeding $105 billion, surpassing Indian industrialist Gautam Adani. This rise follows increased valuations of ByteDance by major investors and the company's intensified focus on AI technologies. Adani's wealth declined due to market rebalancing and economic factors, while Zhang's fortune has grown significantly since 2019.

Covered by 2 sources


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