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Sep 23, 2024 · From the Editor. Yang cofounded web portal Yahoo in 1995 after dropping out of a Ph.D. program in electrical engineering at Stanford. Yang served as Yahoo's CEO from 2007 to 2009; he left...
- Cofounder
- Ernest Garcia III
- Rj Scaringe
- Noubar Afeyan
- Anthony Wood
- Jane Goldman
- Cameronand Tylerwinklevoss
- Jerry Yang
Source: Used Cars
As used car demand drove up the stock of online auto retailer Carvana during the pandemic, its largest shareholder, Ernest Garcia II, unloaded $3.5 billion worth of stock during the 15 months through December 2021. His son, company cofounder and CEO Ernest Garcia III, opted to hold. Oops. He’s now the biggest loser from last year’s Forbes 400 on a percentage basis. Carvana shares crashed by 90% over the past year as the company reported its first ever quarterly sales decrease, laid off 12% of...
Source: Electric Vehicles
A little less than a year ago, Scaringe’s electric vehicle maker, Rivian, was cruising down easy street, having raised a record $23.1 billion–$11.2 billion as a private company and $11.9 billion in its November IPO, which valued the company at $90 billion. But the founder and CEOhas struggled to ramp up production ever since, disappointing analysts and sending shares sliding by 68%.
Source: Biotech
Afeyan and his Moderna cofounder, Robert Langer, shot into The Forbes 400 last year, along with founding investor Timothy Springer, when shares of the biotech firm behind one of the two leading Covid-19 vaccines hit an all-time high in August 2021. As a CDC study showed its boosters’ effectiveness had worn off and cases of the virus slowed, shares fell 67%, enough to knock all three off this year’s list. Afeyan, Moderna’s chairman, is tasked with overseeing its rebound efforts. No stranger to...
Source: Roku
Quarantiners boosted demand for his Roku streaming devices, helping shares hit an all-time high in July 2021. Then, as the economy cooled, costs rose and both consumers and advertisers cut spending, Roku’s stock tumbled by 86%. Wood, who briefly worked at Netflix in 2007 as a direct report to cofounder and co-CEO Reed Hastings, remains resolute, recently telling investors and analysts that “temporary economic cycles do not change the significant long-term opportunity in TV streaming.”
Source: Real Estate
The youngest daughter of Sol Goldman (d. 1987), once New York’s biggest landlord, Jane Goldman is America’s only female billionaire running a real estate firm. She’s also one of only two women to drop off this year’s Forbes 400. Her brother Allan Goldman, former co-chair of the family’s Solil Management, died in January at age 78, after narrowly missing the cut for last year’s list.
Source: Cryptocurrency
Under different circumstances, the Winklevoss twins, famous for fighting with Mark Zuckerberg about who came up with the idea for Facebook, might have found some consolation in the abysmal year endured by Meta Platforms (formerly Facebook). But the Winklevii went through their own crypto winter, as the value of their estimated 70,000 bitcoin, funded in part by their $65 million Facebook settlement, plunged by 60%, or nearly $2 billion, over the past 12 months. Meanwhile, Forbes estimates that...
Source: Yahoo
For the first time in a quarter century, Yahoo’s legendary cofounder dropped off The Forbes 400, after debuting on the list in 1998, two years after taking the web portal public. Yang, then worth $6.4 billion, peaked as the world’s 38th richest person in 2000, just as the dot-com bubble was bursting. The company he cofounded, worth more than $100 billion at its peak, is now a shadow of its former self, having sold its core operating business to Verizon for $5 billion in in 2016.
Nov 19, 2018 · Yahoo was the internet’s most widely used search engine in 1998, and that put its cofounder Jerry Yang on our list with a net worth of $830 million. Current net worth: $2.4 billion.
As of July 2023, Yang has a net worth of $2.5 billion. [3] Early life and education. Yang was born Yang Chih-Yuan in Taipei, Taiwan, on November 6, 1968. [2] .
#93 Jerry Yang. Net Worth: $2.5 billion. Source: Technology, Yahoo. Self made. Age: 36. Marital Status: Married, 1 child. Hometown: Los Altos, CA. Education: Stanford University, Bachelor of...
Jerry Yang ranked 317 among The World's Richest People In 2006.
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Oct 12, 1998 · 2 minute read. TIME. October 12, 1998 12:00 AM EDT. Co-founder, Yahoo Inc. NET WORTH $905 million. AGE 29. ADDRESS 3420 Central Expressway; Santa Clara, Calif. BIO Yang became a billionaire...
