TikTok founder Zhang Yiming has become the richest man in China with a fortune of nearly $50 billion | World news – Uptrends

TikTok founder Zhang Yiming has become the richest man in China with a fortune of nearly  billion | World news

 – Uptrends

TikTok founder Zhang Yiming has become China’s richest man with a fortune of around $50bn (£38bn). The 41-year-old, dubbed the “King of Short Videos”, topped China’s Hurun Rich List for the first time with $49.3bn (£37.9bn). Mr. Yiming stepped down as CEO of ByteDance, TikTok’s parent company, in 2021. He is the 18th person to … Read more

As Warner Music Group posts its biggest ever quarter… WMG boss Robert Kyncl says he’s ‘confident’ that Universal and TikTok will resolve their spat – Uptrends

As Warner Music Group posts its biggest ever quarter… WMG boss Robert Kyncl says he’s ‘confident’ that Universal and TikTok will resolve their spat – Uptrends

  MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events or news stories. Only MBW+ subscribers have unlimited access to these articles. MBW Reacts is supported by JKBX, a technology platform that offers consumers access to music royalties as an asset class. When it … Read more