TikTok boss Zhang Yiming, 38, QUITS after amassing incredible $44bn fortune from controversial app
Harry Pettit, Senior Digital Technology and Science Reporter
May 20 2021, 8:38 ET
ONE of the billionaire brainboxes behind TikTok is stepping down as CEO of ByteDance, the Chinese company that owns the hit video app.
Zhang Yiming, 38, said Thursday he will leave the role because he lacks managerial skills and preferred "reading and daydreaming" to running the tech giant.
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Zhang Yiming, 38, is stepping down as CEO of ByteDance, the company behind hit video app TikTokCredit: Reuters