Eric Yuan, CEO of video platforms Zoom, has donated more than a third of his stake according to company disclosures.
According to Arabiya Net, he gave about 18 million yuan from the conference technology company last week, while the deposits did not specify the recipients of the shares, which were owned by the pension fund held for the donor. , Which is Yuan's guardian.
The shares were valued at $ 6 billion based on Friday's closing price.
List of Richest People
Yuan, 51, joins other members of the world's wealthy who have been moving shares recently, as Jeff Bezos, the world's richest person, donated shares in Amazon to support a $ 10 billion pledge last year to combat climate change.
Yuan has become one of the richest people in the world, as demand on the Zoom platform increased during the epidemic, and the stock rose nearly 400% last year, but fell by 7.8% in 2021.
He is ranked 130th in the list of the richest people in the world, with a net worth of $ 15.1 billion, according to the Bloomberg Billionaires Index, an increase of $ 9.2 billion since last March, according to Al-Arabiya.net.
Yuan was born in China, and his visa application for the United States was rejected eight times before he finally moved to Silicon Valley.
He previously worked at WebEx Communications group specializing in videoconferencing and founded Zoom in 2011, partly inspired by the challenges of maintaining a long-term relationship while he was in college.
