
Zoom’s Eric Yuan became one of the world’s richest people in 2020 as Covid sent people rushing to meet on video
Cloud stocks have performed well this year as workers and students were forced to rely on digital tools as coronavirus took hold, and Zoom has done better than any other cloud stock.
As a result, Zoom CEO Eric Yuan’s net worth skyrocketed
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. The video-conferencing software company announced it’s IPO priced at $36 per share, at an estimated value of $9.2 billion. Kena Betancur | Getty Images