Zhang Yiming bumps water magnate Zhong Shanshan to No. 2, with Tencent founder Pony Ma rounding out the top three.
The social media giant and its Chinese owner say the recently-enacted legislation is an "unprecedented" violation of free speech.
CEO Shou Zi Chew responded to the bill, which President Biden signed Wednesday.
The controversial legislation was included in a broader foreign aid package.
Congress has attached the bill that would require ByteDance to sell off the social media app to a fast-tracked foreign aid package for Ukraine and Israel.
Steven Mnuchin revealed his plans after the House passed a bill that would potentially ban the app in the United States.
A conditional ban of the China-based app — which opponents call a "steep and slippery slope" — now goes to the Senate for consideration.
The decision came after Resso was removed from Google Play and the Apple App Store on the orders of the Indian government.
The additional countries arrive just two weeks after the company announced the rollout of its new streamer, TikTok Music, in Brazil and Indonesia.
The subscription-only service will synch with users' existing TikTok accounts to enhance music discovery. It will replace Resso in both countries.
