Tuesday, September 1, 2020

Zoom!

Zoom founder/ CEO Eric Yuan'a net worth increased by $5.2B today as the stock shot up 41% after smashing quarterly earnings estimates. He was worth $16.4B at the market close. 

Tech billionaires have seen their wealth grow by ~$500B during this pandemic. A list of all the richest people is here.

at
Labels: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Private Credit Teeters on the Edge

In our last post we wrote about the cracks in private credit that began to show in February. A large swath of semi-liquid, non-traded BDCs,...

  • Krugman vs Summers: The Stimulus Debate
    This is more a discussion than a "debate" between two giants of the economics profession. Both are Democrats and agree on the basi...
  • The Race to Buy Chelsea FC
    Russian oligarch Roman Abramovich purchased Chelsea FC in 2003 for £140 million (£60 million for the club plus £80 million of debt). His la...
  • Making Weekends Last Longer
    Even though many of us are still working from home and days of the week can sometimes meld into one another, the weekend still seems to (and...