Who is Steve Chen? Bio, Career, Net worth, Wife, Education, Facts

April 8, 2019Who is Steve Chen? Bio, Career, Net worth, Wife, Education, Facts

Who is Steve Chen?

Steven Shih Chen is one of the co-founders and previous chief technology officer of the YouTube video sharing website, an American Internet entrepreneur. He joined Google Ventures in 2014 after co-founding AVOS Systems, Inc. and building the MixBit video-sharing app.

In the Early life of Steve Chen

Chen was born in Taipei, Taiwan, on August 18, 1978. He and his family immigrated to the United States when he was eight years old and settled in Prospect Heights, Illinois. For his middle school education, he went to River Trails Middle School in Mount Prospect, and for his fresh year of high school, John Hersey High School in Arlington Heights. He attended the Illinois Mathematics and Science Academy in Aurora, Illinois for his final three years of high school. He studied computer science at Urbana-Champaign at the University of Illinois. He completed his degree in 2002.

In the Career of Steve Chen

Steve Chen during YouTube Google venture

Fig: Steve Chen during YouTube Google venture

Chen was a PayPal employee where he met Chad Hurley and Jawed Karim for the first time. Chen was also an early Facebook employee, though he left to start YouTube after several months. In 2005, YouTube was founded by Chad Hurley, Jawed Karim, and Chen, with Chen as Chief Technology Officer. Chen was named one of the "50 people that matter now" in business by Business 2.0 in June 2006. Chen and Hurley sold YouTube for $1.65 billion to Google, Inc. on October 16, 2006. As part of the sale, Chen received 625,366 Google shares and an additional 68,721 in a trust. Google's shares are estimated at $729 million as of 2018.

He and Hurley started AVOS Systems, which from Yahoo! Inc. purchased Delicious. Chen was listed on 15 May 2011 by the Asian Scientist Magazine as one of the 15 Asian Scientists To Watch. In 2016, Chen and Vijay Karunamurthy started the live streaming food network called Nom.com. The live streaming food network was shut down in 2017, with its Twitter feed switched to a private account, and since March 2017 Facebook remained idle.

How much is the net worth of Steve Chen?

 Steve Chen's watermill

Fig: Steve Chen's watermill

Steve, 40, earns from his career as an American Internet entrepreneur a net worth of $350 million. He is the co-founder of the YouTube video sharing website and has worked as the Chief Officer of Technology. He co-founded YouTube in 2005 with Chad Hurley and Jawed Karim and sold it to Google in October 2006 at a price of $1.65 billion.

The Internet entrepreneur received a total share of Google's 625,366 and an additional 68,721 in trust as part of the sale of YouTube. During 2018, Google's shares were worth $729 million. Steve put his San Francisco Penthouse at the Ritz-Carlton Residences for $5.95 million in April 2018. After listing the two-bedroom, three-bath unit for $8 million in 2012, he dropped the price to $2.05 million. The former Chief Technology Officer also sold a net loss of $4.53 million in his luxurious San Francisco condo back in March 2018.

In the Personal life(Wife) of Steve Chen

 Steve Chen with his wife

Fig: Steve Chen with his wife

YouTube co-founder Steve secretly tied the knot, according to Chouson Media, to his Korean wife, Park Ji-Hyun in 2009. The couple reportedly met when he visited Korea to promote YouTube at the beginning of 2008. Steve attended a Google Korea-hosted party where at first sight he fell for her and suggested after three dates.

His wife then worked at Google Korea as a product marketing manager. She is a graduate of Yonsei University in Seoul, and she changed her name to Jamie Chen after her marriage with Steve. Talking about their kids, the couple is their one-child parents. In July 2010, their son was born. The Chen families reside in the United States in San Franciso.

Facts of Steve Chen

Steve was 15 years old when he and his parents immigrated to the United States. YouTube's co-founder settled with his family at Prospect Heights, Illinois. He currently resides and works for Google in San Francisco, California.

He was named in 2006 by the Business 2.0 magazine list for selling YouTube to Google for $1.65 billion with his business partner Chad Hurley in one of the "The 50 people that matter now." Steve held the Chief Technology Officer's position on the YouTube video sharing website.

 


Steve ChenAmerican Internet entrepreneurchief technology officerChad HurleyJawed KarimPark Ji-Hyun