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TikTok’s Zhang Yiming – One of China’s richest men

October 09, 2019

One of the most successful inspirational stories in 2019 is how an ordinary tech engineer – Zhang Yiming becomes one of China’s richest men. Let’s find out his path to success.

ByteDance developed dramatically, making Zhang Yiming 25th in the list of China richest person / Ph: Pinterest

Who is Zhang Yiming?

An example of a successful entrepreneur is Zhang Yiming, the founder of Beijing-based media company ByteDance. He is the one who made the extremely successful apps TikTok and Jinri Toutiao. Now he’s worth US$16.2 billion and ranks 25th in the list of China’s richest person. 

ByteDance is perceived as the world’s largest internet startup with a large number of investors willing to sink their money into the company. These potential investors include Japanese Softbank group, New York-based KKR & Co., U.S private equity firm General Atlantic and China-based investment firm Primavera Capital Group. The total investment that has been committed is $3 billion, making Zhang Yiming and his company a typical successful businessman story.

Zhang Yiming’s path to success

May be Zhang Yiming becomes the most inspiring person to you. From an ordinary engineer, he made his one of the successful businessman in the world and made his company one of the most successful startups. 

Zhang used to switch his major from microelectronics to software engineering. Then he worked for Kuxun and he was in charge of about 40 to 50 people responsible for back-end technology and other tasks related to products.  He soon quitted because he could not stand corporate rules.

As an engineer, he gained many experiences in business sector which then are very useful for his own ventures. He knew what sales are good sales after meeting the client with his sales director in 2017. And this knowledge helped him al lot when he establishing Toutiao and recruiting staffs. Its most famous short-form video sharing platform TikTok made a successful businessman in the world’s stories. Last year, TikTok had hit more than 1 billion active users. 

TikTok’s global popularity grows at an extremely fast pace, putting Zhang Yiming in the list of successful entrepreneur and china’s richest man. Coachs Corner Premium Forex Trading Training Monthly Subscription

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