Zoom Video Communications

Eric Yuan
Eric Yuan

Eric S. Yuan was born into the world in twentieth February 1970. He is a Chinese-American very rich person finance manager, engineer, and the CEO and Founder of Zoom Video Communications, of which he possesses 22%. Yuan was named the 2020 Time Businessperson of the Year, and was remembered for the Time 100 Most Influential People of 2020.

Yuan is the child of geography engineers.¬† He was brought up in Tai’an, Shandong Province, China. In fourth level, Yuan gathered development scraps to reuse copper for cash. As a first-year college understudy in 1987, he was propelled to create videotelephony programming while he required 10-hour train rides to visit his better half and was searching for a simpler method to “visit” her. He procured a four year college education in applied math with a minor in PC application from Shandong University of Science and Technology, and a graduate degree in topography designing from China University of Mining and Technology in Beijing. Yuan finished a Stanford University chief program in 2006. Yuan wedded his sweetheart Sherry at age 22, while he was an expert’s understudy at China University of Mining and Technology in Beijing. They have three youngsters. Yuan and his family live in Santa Clara, California. In 2007, Yuan turned into a naturalized US citizen. Yuan picked the center name “S.” after Subrah Iyar, prime supporter of WebEx.

Subsequent to procuring his graduate degree, Yuan lived in Beijing, and went to a preparation program in Japan for four months. Inspired by Bill Gates, who talked in Japan in 1995, he moved to Silicon Valley in 1997 to join the tech boom. At the time, Yuan talked next to no English, and applied multiple times prior to being allowed a visa to the United States. After showing up in the US, Yuan joined WebEx, a web conferencing startup, where he was one of the initial 20 hires. The organization was gained by Cisco Systems in 2007, at which time he became VP of engineering. In 2011, Yuan pitched another cell phone cordial video conferencing framework to Cisco management. When the thought was dismissed, Yuan left Cisco to set up his own organization, Zoom Video Communications.

In 2019, Zoom turned into a public organization through an underlying public offering, at which time Yuan turned into a billionaire. His abundance has expanded during COVID-19 pandemic, as Zoom has profited with the shift to online work and teaching. On September 1, 2020, Yuan’s total assets was assessed to be US$16.4 billion, a figure 360% higher than his total assets toward the start of the year. In March 2021, Yuan moved $6 billion worth of Zoom offers to Grantor Retained Annuity Trust, for which Yuan is a trustee.