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Fifth Highest-Paid TikTok Creator Launches Venture Capital Fund

Apr.22 -- The fifth highest-paid TikTok content creator Josh Richards has 24.9 million followers on the platform and earns over $1 million through high-end sponsorships, podcast deals and even some of his own new entrepreneurial endeavors. Together with other TikTok creators and Marshall Sandman, former analyst at Goldman Sachs, 19-year-old Richards launched Animal Capital, the first Gen. Z-focused venture capital fund with digital mega stars at the founder level. The fund will focus on consumer and financial technology, health and wellness and media. Richards and Sandman speak to Emily Chang on "Bloomberg Technology."
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