Zhang Yiming, TikTok CEO resigns

Zhang Yiming, the CEO of TikTok, has stepped down with a net worth of $44 billion to read books and daydream.

In an official letter to his staff, Yiming said he lacked certain qualities that would make him an ideal boss, according to CelebrityNetWorth.

He said; “The truth is, I lack some of the skills that make an ideal manager. Similarly, I’m not very social, preferring solitary activities like being online, reading, listening to music, and daydreaming about what may be possible.,” he said.

Yiming will step down at the end of the year to focus on long-term strategy.