Being a social media geek, you’d probably have heard of TikTok and have an account there. In just a few years, TikTok has gained as much popularity as Facebook and Instagram. TikTok is another social media app that gives Gen Z the ability to make funny, crispy and music video content and share it with the world. It was developed by a Chinese Man named Zhang Yiming who does not really care about sharing stuff in interviews.
But have you ever wondered what and how much TikTok is worth in the current era? If that question has been bothering you for a while now, let’s take a look at the TikTok Net Worth in today’s blog.
What’s The Total Net Worth Of TikTok In The Current Period?
According to one estimate in 2020, the net worth of TikTok was $50 billion which is a huge sum of money. But that figure has been changed to a better and new level. Now, the current net worth of TikTok is $75 billion overall, and it is one of those highly used social media platforms.
Currently, TikTok has launched its Marketing platform as well, where you can buy and sell products by creating stores and promoting your services.
So, overall, this billion-dollar Chinese company has a bright future in the coming years, and this Net Worth has high expectations of rising to a brand new level.
How Does TikTok Make Its Money and Become a Billion-Dollar Company?
Such a giant figure might ring a bell in your head as to how TikTok made such grand bucks from its release in 2012.
Being a great platform to produce bigger names on social media such as Khabby, TikTok earns this money through a lot of practices. Most of TikTok’s revenue comes through Advertisements, in-app purchases, and several other monetization methods.
TikTok offers creators a great place where they can make as many videos as they want to create the desired messages or fun they want to spread.
With many effects, sound clips, and other features, you can create videos from 15 seconds to 1 minute and sometimes longer. So, we must say this $75 billion keeping company makes most of this money through advertising. And other monetization practices overall.
What’s The Parent Company of TikTok and its Net Worth?
You find yourself shock again when you find the net worth of TikTok’s Parent company. Yes, ByteDance is the parent company of TikTok and owns a Total Net worth of up to $425 billion.
Such a great company is supported through TikTok because TikTok is bringing more and more money to ByteDance accounts.
What’s The Future Of TikTok?
TikTok is highly involved in bringing new, unique features, products and services to its viewers and users.
Currently, they have launched TikTok Market, where brands and other individual businesses can sell their products and services.
Now, the creators have a new option for creating fantastic content that would promote those brand’s products and services. With this, they can have better chances of making money.
Also, the business owners will be able to generate sales by introducing more impactful and meaningful content methods.
This works when a great or famous celebrity creates a TikTok video for your store or a specific product and gives a link in the description so that those followers or viewers may buy your product or service.
With all these practices and the introduction to new seamless ways of making TikTok Content, we can say that the company has a bright future.
Who knows that by the end of 2023, it might cross even $100 billion. Plus it’d be known in the lines of some top $100 billion companies worldwide. If you use TikTok on a daily basis, these are all the states you should have in your mind.
What Is The Net Worth Of The Owner Of TikTok?
The real creator and owner of TikTok is Zhang Yiming. He is the sole keeper of almost $55 billion and is known as the second richest man in China after Zhong Shanshan.
He has earned this money through TikTok. This data is driven from the original sources of Bloomberg’s Billionaire Index as of 2022.
As of now, imagine how many dollars he would have added to his personal wealth. And might have crossed the first richest man in China. But those statistics are not updated yet. We’ll update you once we get the news.
How Much is TikTok Worth Per Day?
As TikTok is busy bringing new services to the TikTok world and new users are joining TikTok day by day, we can expect that its shares are increasing every day.
Soon, it is going to be a $100 billion company. And who knows how much money it will be sharing between its content creators. We cannot determine an exact figure. But every day, it’s a new challenge for an application like TikTok.
Who Are The Top Shareholders of TikTok?
Having such a company which makes billions every year will indeed catch the eyes of top investors and people who want to make more money. After taking a look at the net worth of TikTok, we are talking about its shareholders here.
There are some reputable Shareholders that we present who are ever ready to invest their money into this dynamic company. Between those names, you will find Morgan Stanly, Bank of China, Tiger Global Management, Goldman Sachs and more.
All of these people invest a great sum of bucks into this company and earn a huge profit every month or year.
From its first day of release till now, TikTok has proved that nothing is so difficult to achieve if your strategy is right. The app is not only becoming famous itself. But it is providing thousands of dollars to those creators who have a bigger fan following over it. It offers a platform where everyone can bring ideas, share short and meaningful content and earn as much money as they want to. Therefore, get up and create your TikTok account today because it is the right time. This was all for today. Signing off!