Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks

Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - 19 hours ago

ByteDance founder Zhang Yiming tops China's rich list

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

World - ABC News - Yesterday

ByteDance founder tops China's rich list for the first time, beating Tencent and Nongfu heads

ByteDance founder Zhang Yiming is now China's richest for the first time, according to Hurun Research Institute's China Rich List.

Business - CNBC - Yesterday

China’s kindergarten numbers shrink as policymakers struggle to arrest falling birthrate

Various measures designed to encourage people to have more children have had limited success. The number of kindergartens in China fell by more than 5% last year, the second year in a row that ...

World - The Guardian - 2 days ago

TikTok founder becomes China's richest man

Zhang Yiming's fortune has leapt to almost $50bn, according to a newly published rich list.

Battle of the billionaires: the mega rich spending to swing the US election

A small number of big spenders are having an outsize effect on fundraising in the 2024 presidential vote

World - Financial Times - 4 days ago

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - Yesterday

Top Law Firms Shrink From the Heat of the Mideast Conflict

When a Columbia professor needed a lawyer because of her comments about the actions of former Israeli soldiers on campus, tensions over the Israel-Hamas war got in the way.

Top stories - The New York Times - 5 days ago

Polls Show Trump’s Edge Shrinking on Voters’ Top Issue: The Economy

It remains priority No. 1 for many voters, particularly those who are still undecided, according to Times/Siena polling. But can Kamala Harris translate her gains into votes?

Business - The New York Times - 10 hours ago

TikTok stars Savannah and Cole LaBrant list Nashville home for $5.4 million

With 5 kids, the family has been in the public eye for more than a decade now, since Savannah started her popular fashion blog.

Business - MarketWatch - 5 days ago

Billionaire founder of Raising Cane's Chicken Fingers: One 'stupid' strategy nearly cost me my business

"My dream almost just went away," recalls Raising Cane's Chicken Fingers founder Todd Graves, after he made this financial mistake while getting started.

Business - CNBC - October 12

Billionaire Ripple founder has given more than $11.8 million to Harris campaign

Fresh election data shows that with two weeks to go until the general election, the crypto industry mostly donated to Vice President Kamala Harris.

Business - CNBC - October 21

Canucks Jump Into NHL.com's Top 16 Power Rankings

The Vancouver Canucks have won three straight games and are ranked in the top 16 of NHL.com's Super 16.

Sports - Yahoo Sports - 6 days ago

Meet the Top 269 Investment Firms for Founders

Here are the private equity firms, venture capital firms, and lenders that help founder-led companies grow.

Business - Inc. - Yesterday

‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives

The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...

World - The Guardian - 4 days ago

Beetlejuice's Bob tops the list of top trending Halloween costumes

Google's annual list of trending costume ideas is out. Leading the top 25 is Bob, the shrunken-headed ghost from the new Beetlejuice sequel, followed by viral breakdancer Raygun and Catnap, the ...

China Resources Beverage Shares Jump in Hong Kong Debut

China Resources Beverage shares surged on their Hong Kong debut, buoyed by positive market sentiment as trading activity in the city picks up.

Business - The Wall Street Journal - October 23

TikTok owner sacks intern for sabotaging AI project

Chinese technology giant ByteDance denied reports that the incident caused more than $10m of damage.

Where Steph, three other Warriors rank in ESPN's Top 100 list

Here's where Steph Curry and three other Golden State Warriors players ranked in ESPN's Top 100 list for the 2024-25 NBA season.

Sports - Yahoo Sports - October 17

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.

Business - CNBC - 6 days ago

Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.

Twice homeless millionaire tops UK black power list

The now multimillionaire began his career in a call centre after failing to become a professional footballer.

Top Republican super PAC jumps into Nebraska Senate race

A top Republican super PAC is jumping into the Nebraska Senate race as incumbent Sen. Deb Fischer (R) struggles to put away her race against Independent Dan Osborn. The Senate Leadership Fund ...

Politics - The Hill - October 21

MNF live updates: Jackson, Ravens shredding Bucs defense

Lamar Jackson has thrown five touchdown passes and Baltimore is on the verge of its fifth straight win. Follow that game and Chargers-Cardinals here.

Sports - Yahoo Sports - October 21

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - 6 days ago

Partner pay at top US law firms jumps to record $1.4mn

Survey shows 26% increase in two years on signs of revival in M&A activity

Business - Financial Times - 6 days ago

Bitcoin rises 3% after topping $73,000 for the first time since March

Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.

Business - CNBC - Yesterday

Patrick Soon-Shiong: the billionaire LA Times owner who blocked Harris endorsement

Biotech tycoon’s decision to refuse to allow presidential endorsement led to resignations and subscribers’ revolt. In 2020, Patrick Soon-Shiong wrote an article for the Los Angeles Times, the ...

World - The Guardian - 5 days ago

The Guardian doesn’t ‘sanewash’ Trump or take orders from a billionaire owner. That’s why I’m proud to write here | Rebecca Solnit

Thanks to reader support, the Guardian is free from the political and commercial pressures that influence other US outlets. Please help us raise the $2m we need to keep up our momentum. . The ...

World - The Guardian - Yesterday

Latest in Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks