Shou Zi Chew Net Worth: TikTok is one of the most well-known and important social media sites in the world, and Shou Zi Chew is its CEO. He is also the chief finance officer of ByteDance, which owns TikTok.
But what does he cost, and how did he get so rich? In this article, we will look at the net worth, career, and personal life of Shou Zi Chew.
Who is Shou Zi Chew?
Shou Zi Chew is a Singaporean businessman and entrepreneur who has served as TikTok’s CEO since 2021. According to reports, his father worked in a building, and his mother kept the books. Chew did his national service as an officer in the Singapore Armed Forces after finishing at Hwa Chong Institution.
Chew went to University College London to study after his time in the military. He earned a Bachelor of Economics degree there in 2006.
Brief Information About Shou Zi Chew
|Shou Zi Chew
|Shou Zi Chew is the CEO of TikTok and the CFO of ByteDance, the parent company of TikTok.
|Estimated at $200 million
|CEO of TikTok
|Chew became the CEO of TikTok after the departure of Kevin Mayer, who had helped Xiaomi go public in 2018.
|I worked at an American global investment bank in London and joined DST Global as a team leader for the ByteDance group.
Shou Zi Chew Net Worth
According to our research, Shou Zi Chew’s net worth is expected to be 200 million dollars. Shou Zi Chew’s net worth comes mostly from how well he does as a Singaporean investor. Even though this number is large, it doesn’t tell you everything about his finances.
It doesn’t look at things like unlisted stock options in ByteDance, which are private transactions that most people don’t see. It also doesn’t look at possible private investments that would make him richer but haven’t been made public, which makes it harder to get a good estimate of his net worth.
How Did Shou Zi Chew Get So Rich?
According to CNN Business, Chew first served in the military in his home country of Singapore when he was old enough, then continued his schooling in London before attending Harvard. While attending Harvard, he completed an internship with Facebook. After becoming CEO of TikTok, the person who helped Xiaomi go public in 2018 was also the CFO of that business.
Chew invested early in ByteDance in 2013, even though he wasn’t working there yet. Because of his link with the company, he became its CFO in 2021. When CEO Kevin Mayer quit after only a few months, Chew took over as CEO. He’s been making good money since he finished school.
Shou Zi Chew’s Professional Career
After Shou ended his degree at the University of London, he got his first job. It is an American global investment bank and financial services company with offices in London. He used to work as a banker there. Before that, he had worked in a lot of different areas.
He worked for that company for two years and then moved on to work at DST Global as a team leader for the ByteDance group. One of Chew’s first jobs at Xiaomi, a Chinese multinational company that creates and makes electronics, was as its Chief Financial Officer.
Ceo Shou Chew Talks About TikTok
According to Shou Chew, the app does not support or remove any content on behalf of the Chinese Communist Party. He told Congressman Randy Weber this:
“We do not promote or remove content on behalf of the Chinese government.” There is inappropriate material about China on TikTok.
In response, Weber informed the CEO that TikTok was indoctrinating children and young people in the United States with “woke propaganda.”
Shou Zi Chew’s Personal Life
Shou Zi Chew is married to Vivian Kao, who is American and has Taiwanese descent. During their time at Harvard Business School in 2008, they met. The couple and their two children live in Singapore.
In conclusion, Shou Zi Chew has become well-known and is now the CEO of TikTok and the CFO of ByteDance. He is said to be worth $200 million.
His career path from serving in the Singaporean military to getting a bachelor’s degree at University College London, working at a global investment bank, and then having key positions at Xiaomi and ByteDance shows how diverse his work history is.
Chew’s early investment in ByteDance and his later rise to become the company’s CFO in 2021 made him very rich.