Jerry Yang Net Worth

Jerry Yang Net Worth $1.7 Billion

Jerry Yang is a Taiwanese-born internet entrepreneur. The co-founder and ex CEO of Yahoo!, Inc. was born on November 6, 1968 in Taipei, Taiwan, but moved to San Jose, CA at the age of 10. He only knew one English word on his arrival, which was “shoe”, but in three years, he became fluent in the English language and was placed in an advanced English class. 

jerry yang

While he studied Electrical Engineering at Stanford, he co-created an Internet website called "Jerry and Dave's Guide to the World Wide Web", a directory of other websites, which was later renamed "Yahoo!". The search engine became very popular not long after that, and Yang and Filo realized the potential of their business. That’s why they co-founded Yahoo! Inc. (1995), which started as a web portal with a web directory for people to find products, services and online activities. And, due to many partnerships with telecommunications agencies, Yahoo! is now one of the leading brands on the Internet. In 1999, he was named as one of the top 100 innovators in the world under the age of 35 by MIT. Although he has been one of the most successful internet entrepreneurs, he’s made his big “oopsies”. After Yahoo! rejected a takeover from Microsoft (something that Yang strongly opposed), the company’s stock plummeted. The Wall Street Journal reported the bad news: that Yang would step down as CEO as soon as the company found a replacement (2008). 

jerry yang

But Yang returned to his former position as Yahoo’s CEO and remained on the company’s board of directors. And this appears to be a never ending CEO story; Yahoo! Announced in 2012 that Yang will be resigning from the board and other positions he holds at the company (even the boards of Yahoo! Japan and Alibaba Corp). But, he’s been an innovator and trendsetter in the technology industry, nevertheless. He even decided to be part of the trend of top executives in businesses and government to work for an annual salary of one US dollar ($1.00). Yang’s net worth is still more than one dollar, though. He has a whopping net worth of $1.7 billion!  

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"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)