Zhang Yiming, the founder of TikTok/Douyin, is China's richest individual.

The new list of the richest people in china, zhong shanshan (), the "bottled water tycoon," founder and chairman of nongfu springs, was released on march 27th.

Zhang yiming, china's richest individual, was dethroned by none other than (), founder and former ceo of bytedance, the parent company of short-form video services douyin and tiktok.

According to bloomberg, zhang ranks zhang at number 24 in the world with a 57.5 billion usd net worth, while ma and zhong shanshan follow as number 27 and 28 on the forbes list, with tencent and zhong shanshan's co-founder and ceo ranking him at number 24 in the world with a 57.5 billion usd net worth.

Netizens find it interesting that social media entrepreneurs are now on weibo, china's twitter equivalent, "zhang yiming is the richest person in china with 65.5 billion usd net worth" (#655#) netizens are surprised that social media entrepreneurs are now rank 25 and 26, respectively.

The hurun list also includes notable changes, including xiaomi ceo xinjiang wenfeng of deepseek as the top e-commerce takeover e-commerce for the top positions, as e-commerce took over from property tycoons before.

With the success of social media and ai, another wave of chinese entrepreneurs is expected to take the world stage, according to 2025 dao insights ‐ you can see how much money has risen to the top with 3.3 billion rmb (454.71 million usd) in net worth.

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