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Zhang Yiming's recent move is truly remarkable. At 41, he has ascended to the throne of China’s richest person, with a net worth of 65.5 billion USD, instantly surpassing Ma Huateng and Zhong Yansheng.



From a small town in Fujian to a global technology giant, it only took 12 years. Founded in 2012, ByteDance's revenue reached 110 billion USD last year, and TikTok has become the hottest social application in the world.

The most outrageous thing is that this guy has become even more low-key after making so much money—he actively resigned as CEO in 2021 to focus on refining strategy and corporate culture. Some say he is engaging in the ultimate practice of long-termism.

Software engineers have a different background; they understand technology and operations, which is why they can build a globally competitive company from scratch. This story holds significant insights in the era of Web3 and AI—innovation and execution are the true keys to wealth.
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