How Much is the CEO of TikTok Worth? – Shou Zi Chew is a Singaporean entrepreneur and businessman who has made significant contributions to the technology and finance industries.
Born on January 1, 1983, Chew graduated from the University College London in 2006, after which he joined Goldman Sachs in London as a banker. After two years at Goldman Sachs, Chew joined the venture capital firm DST Global, where he led a team of early investors in ByteDance in 2013.
In 2015, Chew joined Xiaomi, a smartphone giant, as its chief financial officer. Four years later, he was promoted to the position of international business president, reflecting his contributions to the company’s success.
In March 2021, Chew returned to ByteDance as its chief financial officer, where he quickly rose to become the CEO of TikTok. He replaced Kevin A. Mayer, who had served as the CEO for only three months before leaving the company. Chew’s appointment as CEO of TikTok was a significant moment for the company, given his experience and reputation in the technology and finance industries.
Chew’s expertise in finance and business strategy has been a valuable asset to ByteDance and TikTok. His leadership has been instrumental in driving the growth of the company and the platform, including addressing various controversies surrounding the app. In March 2023, Chew testified before the US Congress regarding the legislative effort to ban TikTok in the United States, reflecting his position as a leading figure in the technology industry.
Chew’s personal life is also noteworthy. He is married to Taiwanese-American Vivian Kao, whom he met while studying at Harvard Business School in 2008. The couple has two children. In his spare time, Chew enjoys playing golf and reading books on theoretical physics.
How Much is the CEO of TikTok Worth?
As of 2022, the net worth of Shou Zi Chew, the current CEO of TikTok, is estimated to be around $820 million, according to Forbes. However, it’s worth noting that this figure is based on estimates and public disclosures of his compensation and holdings, and may not reflect his true net worth.
Prior to joining TikTok, Chew held various senior positions at technology companies such as Xiaomi and DST Global, a venture capital firm. At Xiaomi, he served as the chief financial officer and later as the president of international business. He also played a key role in the early investment in ByteDance, TikTok’s parent company, while working at DST Global.
Chew joined ByteDance, the world’s most valuable startup, in March 2021 as the company’s chief financial officer. Later that year, he was appointed as the CEO of TikTok, replacing Kevin Mayer.
As the CEO of TikTok, Chew is responsible for overseeing the platform’s global operations, strategy, and growth. Under his leadership, TikTok has continued to expand its user base and introduce new features and monetization opportunities for creators.
It’s worth noting that executive compensation, including the salary and bonuses of CEOs, can vary widely depending on factors such as company size, industry, and performance. The compensation of public company CEOs is also subject to regulatory disclosure requirements. However, for privately held companies like ByteDance, information about executive compensation may be limited or not publicly available.
Source: thpttranhungdao.edu.vn/en/
Categories: Biography
Source: thpttranhungdao.edu.vn/en/
