Zhang Yiming, co-founder of TikTok’s parent company Bydance, has become the second richest person in Asia, leaving behind Mukesh Ambani. According to the Bloomberg Billionaires Index, Zhang’s wealth is now worth Rs 8.9 lakh crore ($93 billion). At the same time, the wealth of Reliance Industries CMD Mukesh Ambani is reduced to Rs 8.31 lakh crore ($86 billion). Asia’s richest person is Gautam Adani, owner of Adani Group. Top 5 richest people in Asia Zhang’s wealth has increased due to the success of AI chatbot Doubao. Zhang’s wealth has increased due to the increase in the valuation of Bidens and the success of AI chatbot Doubao. It is an advanced AI assistant like OpenAI’s ChatGPT and Google’s Gemini, famous in India and around the world. This chatbot has 300 million users in China. Wealth increased 7 times in 7 years. Zhang was the owner of wealth worth Rs 1.24 lakh crore in 2019. His wealth has increased seven times in the last 7 years. The company’s crisis was resolved by the sale of TikTok’s business in America. Bloomberg has reduced its value from 25% to 10%. This has increased Zhang’s wealth by Rs 2.30 lakh crore after analysis by investors like BlackRock and Fidelity. The company will spend Rs 6.7 lakh crore in the AI sector this year. However, Gautam Adani is the richest person in Asia with wealth of Rs 11.19 lakh crore. Elon Musk, the world’s richest person, has a net worth of Rs 69 lakh crore ($726 billion). In this case, Google’s founder Larry Page is at second place and Larry Ellison is at third place.
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TikTok co-founder overtakes Mukesh Ambani: Yiming becomes Asia’s second richest person, Ambani slips to third position
