Zhang Yiming reclaims China’s richest-person title

By The BriefBrief

ByteDance founder Zhang Yiming reclaimed the top spot on China’s rich list, with his fortune rising 43% to US$99.7 billion, a record for the country’s richest individual, according to the Hurun Research Institute. The institute attributed the increase to ByteDance’s expansion into artificial intelligence.

WHO: Zhang Yiming

WHAT: reclaimed the top spot on China’s rich list, with his fortune reaching US$99.7 billion

WHEN: Reported Oct 27, 2026 at 7:00 AM ET

WHERE: China

WHY: The rise was attributed to ByteDance’s push into artificial intelligence.

Reporting from 2 identified publishers across this event arc.

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CBS News — View reporting
South China Morning Post — View reporting

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