Shou Zi Chew Net Worth
$2.8 billion
At 40 years old, Shou Zi Chew is a businessman with a projected net worth of approximately $2.8 billion USD in 2023. According to Forbes, his net worth is estimated to be around the same figure. The bulk of his wealth stems from his leadership roles in various rapidly growing technology companies, showcasing his success in the dynamic tech industry.
Net Worth of Shou Zi Chew
Shou Zi Chew stands out as a noteworthy figure in the business realm, projecting a net worth of approximately $2.8 billion USD in 2023, a valuation endorsed by Forbes. This underscores the substantial financial success he has achieved. The majority of his wealth is a result of his executive roles in rapidly expanding technology companies.
Currently holding the position of CEO at ByteDance, the company behind the widely popular TikTok, Shou Zi Chew took the reins in May 2021, succeeding ByteDance founder Zhang Yiming. Before ByteDance, Chew served as Chief Financial Officer at Xiaomi Corporation, a prominent Chinese tech company. Shou Zi Chew’s impressive net worth not only reflects his financial acumen but also underscores his influential contributions to the triumph of major players in the tech industry.
Quick Facts Of Shou Zi Chew
| Value | Attribute |
| Full Name | Shou Zi Chew |
| Also Known As | Chew Shou Zi |
| Age | 41 years old |
| Profession | Businessman, Investor, Media Face, and Entrepreneur |
| Birth Date | January 1, 1983 (Saturday) |
| Birthplace | Singapore |
| Current Residence | Haidian, Beijing, China |
| Education | Graduate of Hwa Chong Institution |
| Bachelor of Economics from The University College London | |
| Master of Business Administration from Harvard Business School | |
| Relationship Status | Committed |
| Current Partner | Vivian Kao |
| Wife | Vivian Kao |
| Children | $2.8 billion |
| Parents | Father: Mr. Chew |
| Mother: Bookkeeper | |
| Ethnicity | Mixed (Asian) |
| Religion | Christianity |
| Nationality | Singaporean |
| Net Worth | $200 million (approx.) |
Early Life Of Shou Zi
Shou Zi Chew, born on January 1, 1983, and known as Chew Shou Zi, stands out as a distinguished Singaporean businessman and entrepreneur. Armed with a strong background in finance and technology, Chew has risen to the role of Chief Executive Officer (CEO) of TikTok, taking the helm of the popular social media platform in 2021. His tenure as CEO highlights not just his strategic acumen but also his visionary leadership, steering TikTok through a period of significant growth and innovation.
Chew’s journey in the corporate world includes key roles in prominent companies like Xiaomi Corporation, where he served as Chief Financial Officer. His track record of success, combined with an unwavering commitment to excellence, has established him as a dynamic and influential figure in the global business landscape. As TikTok’s CEO, Chew continues to shape the future of social media and technology, driving the platform’s mission to inspire creativity and connect communities worldwide.
Shou Zi Chew Physical Attributes
At a height of 5 feet 8 inches and a weight of around 75 kilograms, Shou Zi Chew carries himself with a poised and professional demeanor. His distinctive appearance is accentuated by his black eyes and hair.
| Value | Attribute |
| Height | 5 feet 8 inches (approx.) |
| Weight | 75 kilograms (approx.) |
| Eyes Color | Black |
| Hair Color | Black |
Shou Zi Chew Professional Career
Shou Zi Chew embarked on his professional journey after completing his degree at the University of London. His initial job was at Goldman Sachs, an American global investment bank based in London, where he worked as a banker. Prior to this, he had accumulated experience in various fields.
Following a two-year stint at Goldman Sachs, Chew transitioned to become a team leader for the ByteDance group at DST Global, a venture capital company. His career then led him to Xiaomi, a Chinese multinational electronics company, where he initially served as Chief Financial Officer. In 2019, he swiftly assumed the role of President for Xiaomi’s foreign business.
In 2021, ByteDance appointed Chew as its Chief Financial Officer. After a brief tenure with ByteDance, he made a career shift, resigning to become the CEO of TikTok. In this new role, Chew took over from former American businessman Kevin A. Mayer, marking a significant chapter in his professional journey.
CEO Of TikTok
Before joining Xiaomi, Shou Zi Chew spent five years working for DST, an investment company founded by Yuri Milner, an Israeli-Russian IT billionaire. During his time there, he led a team that became one of the initial stakeholders in ByteDance, the company behind TikTok.
In March 2021, Chew made history by becoming the first Chief Financial Officer of ByteDance. A month later, in May 2021, he took a significant leap in his career and was appointed as the company’s Chief Executive Officer (CEO). This move earned him widespread respect.
Zhang Yiming, ByteDance’s founder and former CEO, acknowledges Chew’s deep knowledge of the company and the industry, having led a team that became one of their earliest investors and having a decade of experience in the technology sector. Kevin Mayer, Chew’s predecessor, left the company to work for Walt Disney after a brief three-month tenure. Reports suggest that Mayer departed due to pressure from American lawmakers concerning the app’s security risks.
Leading the Way in Technological Innovations
Aside from his efforts to broaden and improve the platform’s reach, Shou Zi Chew is actively involved in incorporating state-of-the-art technologies to elevate user experience and interaction. His commitment to advancements in artificial intelligence, machine learning, and augmented reality goes beyond enhancing content personalization; it creates fresh opportunities for both creators and advertisers on the platform. Under Chew’s guidance, these technological strides not only shape the future of social media but also leave a lasting impact on the broader tech landscape, highlighting his pioneering role in the industry.
Shou Zi Chew Personal Life
Shou Zi Chew’s personal life is deeply rooted in a steadfast commitment to family values. He is happily married to Vivian Kao, a Taiwanese-American businesswoman, and the couple takes immense joy in navigating the adventure of parenthood together, raising two children. Despite the demands and challenges that come with his professional life, Chew places significant importance on carving out quality time for his family. This commitment not only showcases his priorities but also reveals a heartfelt dedication to nurturing and cherishing the bonds that go beyond the achievements of his successful career.
| Value | Attribute |
| Relationship Status | Committed |
| Current Partner | Vivian Kao |
| Wife | Vivian Kao |
| Children | Two kids |
Shou Zi Chew: A Living Example of Tech Entrepreneurship
Shou Zi Chew’s estimated net worth reflects the challenges of determining the wealth of private tech company executives, given its diverse and intricate components. His achievements at ByteDance, under his leadership, highlight the substantial financial potential within the tech industry. While the exact figure may be open to debate or speculation, this showcases an intriguing blend of technology, entrepreneurship, and smart investment. Shou Zi Chew’s success serves as an inspiring example for aspiring entrepreneurs and tech enthusiasts worldwide.
Shou Zi Chew’s Congressional Testimony and Controversy
In March 2023, Shou Zi Chew took center stage, testifying before the U.S. Congress about TikTok’s connections to China and potential national security concerns. The Biden administration’s consideration of a TikTok ban unless its Chinese owners divest added complexity to Chew’s responsibilities. The app’s restriction on government devices in the U.S. and other countries intensified the scrutiny surrounding its operations.
Shou Zi Chew Social Media Accounts
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| Click Here | |
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People Also Ask
1. How much is Shou Zi Chew’s net worth?
As of 2023, Shou Zi Chew’s estimated net worth is around $2.8 billion USD.
2. Where does Shou Zi Chew work?
Shou Zi Chew joined Xiaomi in 2015 as the Chief Financial Officer and later became the Foreign Business President in 2019. In March 2021, he joined ByteDance as its Chief Financial Officer and subsequently took over as CEO of TikTok, replacing Kevin A. Mayer.
3. How many languages does Shou Zi Chew speak?
Shou Zi Chew is fluent in both English and Mandarin. He served 2 1/2 years of mandatory military service as an officer in Singapore’s armed forces, where he described the military’s five-day survival course as “the hardest physical experience of his life.”
4. Is Shou Zi Chew the CEO of TikTok?
Yes, Shou Zi Chew, also known as Chew Shou Zi, has been the Chief Executive Officer of TikTok since 2021.
Summary
The article delves into Shou Zi Chew’s significant role and challenges in March 2023, as he testified before the U.S. Congress about TikTok’s connections to China and potential national security concerns. The Biden administration’s consideration of a TikTok ban, contingent on Chinese owners divesting their share, introduced added complexity to the situation. The scrutiny surrounding TikTok’s operations heightened, particularly with the app facing restrictions on government devices in the U.S. and other countries.
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