You must be wondering how Eric Yuan come to earn such huge money when the world’s economy is totally unstable due to the world pandemic, COVID-19. In the past three months, Eric’s net worth increased by 112% to $7.57 billion through the video conferencing startup Zoom Technologies, Inc. Currently, he has made his career as an American businessman and the founder of Zoom Video Communications, an American remote conferencing services company.
Moreover, his company, Zoom Video Communications provides a communication platform on video, audio, web, conference rooms and is usable on mobile and desktop devices. The American-Chinese billionaire, Eric is a married man with three children. Then, who is his wife? As per his wiki, he had US$5.6 billion capital in 2019. What is the main source of his earning?
Also, find the details about his married life, age, height, earnings, children with his full biography. Until the end, stay tuned with us.
Early Life & Parents of Eric Yuan
Eric Yuan was reportedly born in the year 1969/1970 in Tai’an, Shandong, China. His nationality is Chinese, however, ethnicity is Chinese/American. Yuan was born with a silver spoon in his mouth as he is the son of mining engineers. Moreover, his parents always supported him for his dreams. His father died two months after he told him about starting a new company. For his father, he once said:
My beloved father passed away just two months after I told him I was going to start a company. Whenever I make progress in my career, I wish I could share the news with my father.
Coming to his educational background, Eric went to Shandong University of Science and Technology and received a bachelor’s and master’s degrees in applied mathematics and computer science. Shortly after completing his education, he began applying visa for the United States. On this, he was stated:
The first time I applied for a U.S. visa, I was rejected. I continued to apply again and again over the course of two years and finally received my visa on the ninth try.
After trying for the eight times, he finally got a US visa on the ninth try in the mid-1990s.
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Professional Life: Career & Achievements
At the beginning of his career, Eric Yuan joined WebEx which was a success. After serving for the company for a long time, he left it and started in charge of collaboration software at Cisco’s Corporate VP of engineering. After some time, he launched the Zoom platform with 40 fellow engineers in 2012. It was so much hard at first as Eric himself used to email every customer who canceled their service.
Image Source: CNBC
His company, Zoom Video Communications was a platform for video/audio/web conferencing which is also available on mobile and desktop devices. It enables all users to communicate in a faster way. By 2015, his company had hosted over 20 billion annualized meetings minutes and reached 90% of the top 200 U.S. universities. Yuan always knew that it was a hard thing, but he never gave up and established a cloud-based unique company which he titled Zoom Video Communications. As per The Financial Times, his company is now worth $35 billion and has over 30,000 corporate clients.
Age, Birthday & Zodiac Sign
As we mentioned earlier, Eric Yuan has not disclosed the exact date of his birth. His birth date is reportedly 1969/1970. That means Eric’s age is about 49/50 years. Due to the lack of information about his actual birth date, his birthday and zodiac sign are not available on the internet.
Shares Three Children With His Wife
The Chinese-American businessman, Eric Yuan is a married man. He married his long-time girlfriend who was always with him; even at the start of his Zoom company. In one interview, he mentioned his love life saying:
I first envisioned Zoom when I was a freshman in college in China and regularly took a ten-hour train ride to visit my girlfriend (who is now my wife). I detested those rides and used to imagine other ways I could visit my girlfriend without traveling – those daydreams eventually became the basis for Zoom.
Interesting, isn’t it?
Image Source: Zimbio
When Yuan told his idea about the communication platform to his then-girlfriend, then she also initially questioned his decision. Instead of that, Eric continued his journey and his partner also supported him. So far, the couple has not revealed anything about their wedding ceremony.
The couple is blessed with three children at present and staying a happy life together. There are still no rumors of their conflicts which can lead the duo to their separation or divorce. At present, Yuan is free of rumors and controversies.
Also, read: Things You Can Learn From 8 Figure Businesses
Eric Yuan’s Net Worth
With full focus and dedication, Eric Yuan finally established a video communication platform titled Zoom. The platform has over 30,000 corporate clients including Samsung, Uber, Walmart, Captial One. The company is worth $35 billion at present which will surely increase in the upcoming future. After the break out of the world pandemic, COVID-19,
Yuan’s net worth grew to $7.57 billion. If we check his capital figure in 2019, he had US$5.6 billion. His net worth will also step-up with the growth of his company. Matter of fact, he listed his name on Forbes for the first time on its annual list of billionaires in 2020.
Moreover, his company could be seen to have an explosive growth than its past few week growths. On this fact, Yuan also mentioned:
Our service was built to serve business and enterprise customers. However, due to this COVID-19 crisis, we moved too fast.
Before his company’s trading began, his company valued at just over $9 billion. However, his business has touched the sky now. Recently, Eric sold his Spencer Street apartment for $361,000. At present, he is leading a lavish life with his family and three children.
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