HONG KONG: ByteDance founder Zhang Yiming has overtaken Indian billionaire Mukesh Ambani to become Asia’s second-richest person, according to the latest Bloomberg Billionaires Index. The ranking by Bloomberg Billionaires Index shows Zhang’s net worth has surged to around $92.8 billion, driven by a sharp rise in ByteDance’s valuation amid strong global demand for its products. He is now second only to India’s Gautam Adani, whose wealth is estimated at about $97.9 billion. Ambani, chairman of Reliance Industries, has reportedly slipped to third place with an estimated net worth of $86.9 billion. The rise in Zhang’s fortune is attributed to ByteDance’s…