Shou Zi Chew is a tech executive who is currently the CEO of ByteDance, the company that owns TikTok. In May 2021, he took over the job from Zhang Yiming, who had started ByteDance. Before joining ByteDance, Shou Zi Chew was the Chief Financial Officer of the Chinese tech company Xiaomi Corporation.
He also used to work as an investment banker at Goldman Sachs and as a private equity investor at DST Global. Shou Zi Chew is the CEO of ByteDance. He is in charge of the company’s global operations and strategic direction, including the growth and development of TikTok.
Which is one of the most popular social media sites in the world. A lot of lawmakers are worried and speculating that the Chinese government has been spying on the U.S. through TikTok user data. How Much Will Shou Zi Chew Be Worth in 2023?
Shou Zi Chew Biography
Shou Zi Chew is a businessman who is 40 years old. He was born on January 1, 1983, in Singapore, where he grew up with his brothers in a wealthy family. He got his degree from Hwa Chong Institution, and after that, he became a commissioned soldier in the Singapore Army.
Chew then went to London after getting out of the military to finish his bachelor’s degree in economics at the University of London. He has also graduated from Harvard Business School with a master’s degree in business administration. Chew then did a summer job at Facebook while he was at Harvard.
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What is Shou Zi Chew Net worth?
In May 2021, he took over as CEO, replacing ByteDance’s founder Zhang Yiming. Shou Zi Chew was the Chief Financial Officer of Xiaomi Corporation and worked as an investment banker at Goldman Sachs before he joined ByteDance.
As of 2023, his projected net worth is around $2.8 billion USD. Forbes said that Shou Zi Chew had a net worth of around $2.8 billion USD. Most of his money comes from his positions as a leader in several fast-growing technology companies.
Shou Zi Chew Professional Career
Shou started his first job after he finished his degree at the University of London. He used to work as a banker for Goldman Sachs, an American global investment bank and financial services company with headquarters in London. He had gained experience in many different fields before that.
After working there for two years, he went to work as a team leader for the ByteDance group at a venture capital company called DST Global. Chew joined Xiaomi, a Chinese multinational business that designs and makes electronics, at first as its Chief Financial Officer.
Later in 2019, he was made the president of Xiaomi’s foreign business right away. In 2021, ByteDance gave Chew the job of Chief Financial Officer. After working for ByteDance for a few months, he quit and became the CEO of TikTok, taking over for the former American businessman Kevin A. Maye.
TikTok
Before he joined Xiaomi, he worked for DST, an investment company started by Yuri Milner, an Israeli-Russian IT billionaire. There, he worked for five years. During this time, he was in charge of a team that became one of the first owners of ByteDance, the company that owns Tik Tok.
In March 2021, he became the first person to be the media giant’s, Chief Financial Officer. A month later, in May 2021, Shou Zi Chew was named the company’s Chief Executive Officer (CEO). When Shou Zi Chew took the chance, he made a lot of people respect him.
Zhang Yiming, the founder of ByteDance and its former CEO, says that Shou “brings deep knowledge of the company and industry, having led a team that was among our earliest investors and having worked in the technology sector for a decade.”
Kevin Mayer, who came before Chew, quit the company to work for Walt Disney. He only ran the company for three months. Reports say that Mayer quit the job after American lawmakers put pressure on the company over the security risks of the app.
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Conclusion
In conclusion, most of Chew’s wealth comes from his leadership roles in several fast-growing technology companies, like his present job as CEO of ByteDance, the company that owns TikTok. It’s important to remember that net worth can change over time due to changes in the value of investments, fluctuations in the stock market, and other things. It’s possible that his net worth has changed since the last time I checked.