Zhong's worth as China's richest man has reached a staggering 450 billion yuan, but she still ranks 15th globally. This shows that there is still huge room for development of Chinese entrepreneurs in the international arena, and also shows the potential of China's economy in the process of globalization.
Selling a bottle of water for 3 yuan, Zhong became the richest man in China.
But if you look at it globally, Zhong is ranked 15th.
Which Chinese entrepreneur has the opportunity to hit the position of the world's richest man?
Maybe ByteDance Zhang Yiming can fight.
1, Zhang Yiming is the richest man in the world
How far is it going?
The richest man in the world in 2023. Bernard Arnault is a well-known French entrepreneur who serves as Chairman and CEO of LVMH (LVMH Group), which includes several luxury brands. He is known as the "Godfather of World Luxury" for his success and influence in the luxury industry.
Bernard Arnault became the richest man in the world with 1.35 trillion yuan.
Musk ranked second with 1.05 trillion yuan.
Zhang Yiming ranked 34th in the world with 245 billion yuan.
2. If Douyin is listed as a whole
will be a blockbuster
Once ByteDance goes public as a whole, Zhang Yiming's wealth may swell to more than 1 trillion yuan, challenging the status of the world's richest man. Compared to Tencent, ByteDance has surpassed in revenue and is growing rapidly. TikTok's global popularity has led to a significant increase in advertising and e-commerce businesses. According to foreign media reports, ByteDance's revenue in the second quarter of this year increased by more than 40% to $290 billion, and its revenue in the first half of the year was about $540 billion, far exceeding Tencent's $414 billion.
Assuming that ByteDance goes public and reaches the market value of Tencent, Zhang Yiming holds about 20% of the shares, then Zhang Yiming's net worth will reach 80 billion US dollars, equivalent to 570 billion yuan, becoming the richest man in China.