Zhang Yiming Tops China's Rich List With $84 Billion Fortune, Report Says

TikTok cofounder Zhang Yiming has topped China's rich list for the first time, according to VnExpress International, which put his fortune at $84 billion. Forbes' real-time billionaires data also values him at $84 billion.

What was reported

VnExpress International reported that Zhang is now ranked first among China's wealthiest people, the first time he has held that position. The outlet described him as a cofounder of TikTok and cited a fortune of $84 billion. That figure matches Forbes' current live estimate of his net worth.

What his fortune is built on

Forbes lists TikTok as the source of Zhang's wealth and places him in the technology industry. He is ranked No. 25 on Forbes' real-time billionaires list. His live net worth was unchanged on the day, holding at $84 billion.

• Net worth: $84 billion
• Forbes real-time rank: No. 25
• Source of wealth: TikTok
• Country: China
• Industry: Technology

The VnExpress International report puts Zhang at the top of China's rankings at the same valuation Forbes currently gives him. His standing among other members of the billionaires list can be followed as live estimates update.