TikTok's parent company ByteDance's Founder has become China's richest person with $49.3 billion in wealth, according to the Hurun China Rich List. Despite being China's richest man, his wealth is less than half of Reliance Industries Chairman Mukesh Ambani's net worth of $102 billion. Zhang's wealth is also significantly less than Adani Group's Chairman Gautam Adani's $92.4 billion net worth.