"ByteDance Employee in His 20s Quits After 'Earning $30 Million from Stocks'... But Here's the Truth"

Became a Hot Topic Online Amid Misinformation
Exchanges with Others on SNS Also Attract Attention

News about an employee of the Chinese big tech company ByteDance who struck it rich through stock trading and then resigned has gone viral on social networking services (SNS), drawing attention to the amount of profit he made. However, it was later revealed to be a bizarre episode caused by some details being misinterpreted and exaggerated.

On July 1, Chinese media outlet China.com reported, "A ByteDance (the parent company of TikTok) employee made a profit of 30 million dollars (approximately 46.632 billion won) through stock trading and announced his intention to resign, causing a major stir in the industry."

A ByteDance employee from a major Chinese tech company became a sensation on social media after making a huge fortune through stock trading and subsequently resigning. AI-generated image.

According to the report, Employee A informed colleagues via the company messenger that he had "made a lot of money from U.S. stocks" and subsequently resigned. He stated, "The company allowed me to maintain my current lifestyle, but investing gave me financial freedom," and added, "Investing is a much better choice than earning four times my salary at the company." He also commented, "I hope everyone achieves financial freedom before the age of 35."

This news became controversial when screenshots of the company messenger were circulated on SNS, and a colleague’s response—"Wishing you peace, happiness, and good fortune (千万要平安，千万要開心，千万要幸福)"—was misinterpreted by some media outlets as "30 million," leading to reports that "a ByteDance employee resigned after earning 30 million dollars from stock trading." The confusion arose because the Chinese character "千万" (meaning "please" or "must") was repeated three times as a blessing, but was mistaken for the number 30 million.

In response, Employee A reportedly stated, "The 30 million dollars is true," and added, "I hope everyone will be happy and blessed." Although he did not disclose the exact amount, he was already known among acquaintances as an "investment expert" for achieving significant profits through stock trading.

News about an employee of the Chinese big tech company ByteDance who made a fortune through stock trading and resigned has become a hot topic on social media. Chinese Weibo.

It was also reported that he previously worked as a data engineer at major Chinese tech companies such as Baidu and Xiaohongshu. After news of Employee A spread, his exchanges on Chinese social networking services (SNS) also became a hot topic. He is said to be in his 20s and currently residing in Singapore. In response to a comment asking how he accumulated his wealth, he replied, "After graduating from university, I grew 20,000 dollars (approximately 3.11 million won) into about 2 million dollars (approximately 310 million won)."

He also stated that the golden era of gold and Tesla is over, saying, "Now I’m focusing on AI," and "You have to follow the mainstream," as he communicated with curious netizens through comments.

Local media warned, "Some people hear stories about those who have struck it rich and invest large sums in stocks, only to lose everything," and cautioned that "jumping into high-risk investments is dangerous and should be approached with care."

This content was produced with the assistance of AI translation services.