ByteDance is primarily owned by its founder, Zhang Yiming, who has a 20% stake in the company. However, the company has also received investments from prominent venture capital firms and strategic investors, further diversifying its ownership structure. These investors include prominent venture capital firms such as Sequoia Capital, General Atlantic and Hillhouse Capital, as well as notable individuals like SoftBank CEO Masayoshi Son and Neil Shen, the founder of Sequoia Capital China.