TikTok boss, Zhang Yiming, resigns at age 38 with a net worth of $44bn to spend his time "reading and daydreaming"

TikTok boss, Zhang Yiming, resigns at age 38 with a net worth of $44bn to spend his time "reading and daydreaming"



One of the billionaire co-founders of TikTok is stepping down as CEO of ByteDance, the Chinese company that owns TikTok.



Zhang Yiming, 38, said Thursday, May 20, that he will leave the role because he lacks managerial skills. He added that he preferred "reading and daydreaming" to running the tech giant.



According to Bloomberg, he resigns with a net worth of $44.5billion, making him 31st on a list of the world's richest people.Latest Post Follow us on Google newsTwitter and on Facebook
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