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$4 bn in hours: Zoom CEO's wealth soars as revenue jumps 355% in Q2

Shares of his virtual-meeting company surged as much as 26 per cent to $410 in late US trading as it reported a jump in quarterly revenue and suggested the explosive growth will continue.

Eric Yuan, Zoom
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Yuan’s net worth soared by $5.2 billion as shares of his company surged 32% to $429.28 in early trade on Tues­day | Photo: Bloomberg

In just a few hours, Zoom Video Communications Inc Chief Executive Officer Eric Yuan got $4.2 billion richer.

Shares of his virtual-meeting company surged as much as 26 per cent to

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First Published: Sep 2 2020 | 1:49 AM IST

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