TikTok creator steps down as CEO with $ 44 billion. What does he plan to do?

Zhang Yiming, the creator of TikTok, is the 30th richest person in the world. After having invented one of the most popular apps of the moment, what does he plan to do when he steps down?

TikTok was one of the most valuable entrepreneurial companies in the world in 2019. Since then it has grown by leaps and bounds and the wealth of its creator increased by $ 28 billion.

The months of pandemic led to the platform reaching enormous popularity

TikTok, the short video app, became very relevant during the months of confinement and social distancing due to the pandemic as people began to use it for fun while it was in quarantine, both making videos and watching them.

 Due to the millions of people who use it daily, it is not surprising that the creator of this platform, Zhang Yiming, has accumulated a fortune of $ 44,000 million dollars.

But despite the success of his company, Zhang just announced this week that he will step down as CEO of ByteDance, the developer of TikTok, to have more free time to read books and, in his own words, "daydream."

ByteDance was founded in 2012, it is the first Chinese internet company to have a truly global presence, and TikTok has given the company a level of success and cultural influence that no other Chinese tech company has been able to achieve outside of China.

TikTok was one of the most valuable entrepreneurial companies in the world in 2019

Yiming has faced a lot of pressure over the past year, not only within China, where censorship laws are severe but also from governments around the world.

Yiming will step down later this year and Liang Rubo, ByteDance co-founder and chief human resources officer, will become the new CEO.

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