Who Owns Tiktok’S Net Worth? The Shocking Truth

Zhang Yiming, the founder of ByteDance, the company behind TikTok, has a net worth of $43.4 billion as of 2024. While Zhang Yiming is a prominent figure in the company’s history, he stepped down as CEO in 2021. Currently, ByteDance is a privately held company with no publicly traded shares. Therefore, it’s challenging to determine a precise net worth for the company itself.

However, ByteDance is valued at over $300 billion by private investors. While Zhang Yiming no longer holds the CEO position, he still retains a significant stake in ByteDance, contributing to his considerable wealth. This stake in ByteDance, the parent company of TikTok, is the primary source of Zhang Yiming’s net worth. It’s important to note that ByteDance is not a publicly traded company, so its valuation is based on private investor estimates.