Wednesday, November 25, 2020
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How Zoom CEO raked in $4b in just 3 months of COVID-19 pandemic

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CEO of Zoom Video Communications, Eric Yuan has seen his fortune sky who’s company has raked in a profit of 4 billion dollars in just three months of COVID-19 pandemic.

Due to the lockdown order in virtually all the nations of the world, many businesses have resorted to video conferencing as an alternative to conduct their businesses. This has made Zoom Video conferencing app patronage to increase from 10 million to 200 million subscribers, earning the company the said huge sum.

Eric Yuan who holds a master’s degree in applied mathematics and computer science, said during his interview that his decision to go to California to work for an internet start up company, was after he heard Bill Gates speech about the dot-com bubble. And now his fortune has risen from 6 billion to 7.6 billion dollars in just three months. Isn’t it amazing?

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Akinola
Akinola
Akinola Olusegun is a blogger and publisher of this blog, money247.com.ng. You can also check out his other blogs : segtv.com.ng (videos & news), letgoonline.com.ng (e-commerce), letgoonline.com.ng/blog (news) among others. Follow him via any or all of his social media pages to get fresh posts update.
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