History will remember 2020 as the year of the coronavirus, but for many forced to work from home, it will be not-so-fondly recalled as the year of the endless Zoom call. While people may be fatigued by the video chat tech, it’s been a savior for business and a boon to Yuan. He had already become a billionaire when the company went public in April 2019, and by September 2020 his net worth was an estimated $16.4 billion, thanks to...
Zoom Video Communications
Eric
Yuan
Founder / Chairman / CEO
History will remember 2020 as the year of the coronavirus, but for many forced to work from home, it will be not-so-fondly recalled as the year of the endless Zoom call. While people may be fatigued by the video chat tech, it’s been a savior for business and a boon to Yuan. He had already become a billionaire when the company went public in April 2019, and by September 2020 his net worth was an estimated $16.4 billion, thanks to an increase in daily participants from 10 million in December 2019 to 300 million in April 2020. Zoom made things easier for its legions of new users by lifting the 40-minute limit on free basic accounts and providing comprehensive support to more than 100,000 K-12 schools in 25 countries.