Zoom CEO Joins Forbes Richest List: Will He Be There Long? - News Summed Up

Zoom CEO Joins Forbes Richest List: Will He Be There Long?


Zoom founder and CEO Eric Yuan debuted on the Forbes richest list. Meanwhile, Zoom CEO and founder Eric Yuan debuted on the list at #43 with $11 billion. At that time, Eric Yuan owned 22% of Zoom, which was valued at $9 billion before its stock hit the exchanges. Don’t Call ZM a Pandemic StockWatch Zoom CEO Eric Yuan discuss his business on CNBC’s “Mad Money” with Jim Cramer one year ago. After its first day of trading, ZM share prices pushed the company’s enterprise value to 49 times annual revenue at the time.


Source: Forbes September 12, 2020 16:08 UTC



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