Shou Zi Chew Net Worth 2023

Shou Zi Chew is a well-known entrepreneur and investor. He has held various leadership positions throughout his career, including CEO of Lalamove and CEO of TikTok’s parent company, ByteDance.

In this article, we’ll take a closer look at Shou Zi Chew’s net worth, his sources of income, his career timeline, and more.

Shou Zi Chew Bio Data

  • Name: Shou Zi Chew
  • Birthday: 1 January 1983
  • Birthplace: Singapore
  • Gender: Male
  • Ancestry: Chinese
  • Education: University College London (BEc); Harvard University (MBA)
  • Title: CEO of TikTok (2021–present)
  • Spouse: Vivian Kao
  • Children: 2

Net Worth

According to Forbes, Shou Zi Chew’s net worth was estimated to be around $3.8 billion USD. A significant portion of his net worth can be attributed to his leadership roles at Lalamove and ByteDance, both of which have experienced substantial growth in recent years.

Sources of Income

Shou Zi Chew’s sources of income include his leadership roles at Lalamove and ByteDance, as well as his involvement in other ventures and investments. He joined Lalamove in 2018 as its CEO and has been instrumental in expanding the company’s operations throughout Asia. Prior to his role at Lalamove, Chew was the CFO of ByteDance, the parent company of popular social media platform TikTok. He was later appointed as ByteDance’s CEO in March 2021.

Shou Zi Chew, the Asian tech billionaire behind TikTok, has made waves in the business world with his strategic vision and leadership skills. As the CEO of ByteDance, the parent company of TikTok, Chew has overseen the explosive growth of the popular short-video app, which boasts over 1 billion monthly active users. With a net worth estimated at $3.8 billion USD, Chew’s success has made him one of the most influential figures in the Asian business world.

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In addition to his involvement in Lalamove and ByteDance, Chew has also made investments in other technology companies. For example, he led a funding round for Indian e-commerce platform ShareChat in 2021, which raised $502 million USD.

Career Timeline

Shou Zi Chew’s career began after he graduated from the National University of Singapore with a degree in business administration. He later earned an MBA from Harvard Business School.

Chew’s early career included positions at Morgan Stanley and Goldman Sachs. He later joined Chinese technology company, Xiaomi, where he held various executive positions, including CFO and President of International.

In 2015, Chew joined smartphone giant Xiaomi as its chief financial officer, before he became their international business president.

In 2018, Chew joined Lalamove as its CEO. He has since overseen the company’s expansion throughout Asia and led several successful funding rounds.

Chew joined ByteDance as its CFO in March 2020. He was appointed as CEO in March 2021, taking over from Zhang Yiming, the company’s founder.

Personal Life

Born on January 1st, 1983 in Singapore, Shou Zi Chew grew up in a family where his father worked in construction and his mother was a bookkeeper. After graduating from Hwa Chong Institution, Chew served as a commissioned officer in the Singapore Army as part of his National Service.

He went on to further his education by studying Economics at University College London, where he earned his Bachelor’s degree in 2006. Chew then pursued a Master of Business Administration degree at Harvard Business School, which he completed in 2010. During his time at Harvard, Chew completed a summer internship at Facebook.

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Chew met Taiwanese American Vivian Kao while studying at Harvard Business School in 2008, and the couple later got married. They have since welcomed two children. In his free time, Chew enjoys playing golf and reading books on theoretical physics.

Interesting Facts

  1. Shou Zi Chew was born and raised in Malaysia, where he attended the prestigious Royal Military College before moving to the United States for college.
  2. Chew is fluent in Mandarin, English, and Malay, which has helped him navigate the business world in Asia and beyond.
  3. Chew is a fitness enthusiast and has been known to wake up at 5:30 a.m. for his daily workout routine, which includes weightlifting, running, and swimming.
  4. Chew is a huge fan of the Japanese animation studio Studio Ghibli and has named his two cats after characters from the film “My Neighbor Totoro.”
  5. Chew is a firm believer in the power of mentorship and has credited his success to the guidance he received from his mentors throughout his career.
  6. Chew is an avid reader and has been known to read over 50 books a year, spanning a variety of genres including business, history, and fiction.
  7. Chew is married with two children and is known for prioritizing his family life despite his demanding career.
  8. Chew’s net worth is largely tied to his shares in ByteDance, which he received as part of his compensation package. His holdings in the company are estimated to be worth over $2 billion USD.
  9. Chew has been named to Forbes’ “30 Under 30” list for Asia and is widely regarded as one of the most influential young business leaders in the region.
  10. Chew is a supporter of environmental causes and has made efforts to reduce his carbon footprint by driving an electric car and using energy-efficient appliances in his home.
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Remarks

Shou Zi Chew’s net worth, career timeline, and sources of income make him one of the most influential and successful entrepreneurs of his generation. His leadership roles at Lalamove and ByteDance have been instrumental in driving the growth of these companies, and his investments in other ventures demonstrate his entrepreneurial spirit.

Not so much is known about Shou Zi Chew’s personal life. However, he is known for his philanthropic work and has been involved in various charitable initiatives throughout his career. In 2019, he was named as a Young Global Leader by the World Economic Forum.

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