ByteDance co-founder Zhang Yiming has seen a surge of about $14 billion to his fortune since the beginning of 2025. On the other side, Elon Musk, the world’s richest man, and Jeff Bezos, the founder of Amazon, have respectively seen $135 billion and $43 billion declines in their net worth so far this year, ByteDance…
A new generation of Chinese entrepreneurs, represented by a group of start-up founders known as the “Fantastic Four”, are reshaping the global technology landscape and helping China in its rivalry with the US. Liang Wenfeng, founder of Hangzhou-based artificial intelligence (AI) start-up DeepSeek, along with Wang Xingxing, Zhang Yiming and Wang Tao, the founders of…
A new generation of Chinese entrepreneurs, represented by a group of start-up founders known as the “Fantastic Four”, are reshaping the global technology landscape and helping China in its rivalry with the US. Liang Wenfeng, founder of Hangzhou-based artificial intelligence (AI) start-up DeepSeek, along with Wang Xingxing, Zhang Yiming and Wang Tao, the founders of…