A 43-year-old Chinese entrepreneur has just become Asia's second-richest person. Zhang Yiming, the founder of ByteDance, the company behind TikTok, has seen his fortune soar as investors place high bets on digital platforms, artificial intelligence and data-driven technologies.

The ByteDance co-founder's net worth has climbed to $118.7 billion. Read more at straitstimes.com. Read more at straitstimes.com.

Fortuna de Zhang Yiming cresceu graças ao sucesso do app de vídeos e da ferramenta de IA Doubao, também controlada pela ByteDance

ByteDance founder Zhang Yiming overtakes Mukesh Ambani as Asia's second-richest person, driven by TikTok growth, AI ambitions and a valuation surge.