• Zhang Yiming built a $16.2 billion fortune after founding ByteDance, the Chinese software developer behind TikTok.
  • Despite being the 13th-wealthiest person in China, Zhang is extremely private and little is known about his personal life.
  • TikTok's growing influence in the US has raised questions from US regulators.

The widespread popularity of TikTok has not just created a new generation of social media stars, it's also created a social media billionaire.

Zhang Yiming, the 35-year-old software engineer who founded the app's parent company, now has a net worth of $16.2 billion, Forbes estimates. Despite being the 13th-wealthiest person in China as ranked by the Bloomberg Billionaires Index , Zhang is extremely private and little is known about his personal life.

Keep reading to learn everything we know about Zhang Yiming.

See the rest of the story at Business Insider

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