News > Trump campaign donor's TikTok fortune at stake over ban bill
Trump campaign donor's TikTok fortune at stake over ban bill
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14/03/2024 11:31 AM | Click to read full article
As some of the harshest Republican critics of TikTok soften their stance on the China-backed social media app, the prospect of ban has thrust Jeff Yass, the trading mastermind behind market-maker Susquehanna International Group, into spotlight. That's because he owns a stake in TikTok's parent company, ByteDance, which is worth $15 billion, according to the Bloomberg Billionaires Index, the largest single asset in his $40.8 billion fortune.