Eric Yuan, CEO of Zoom Video Communications, takes part in a bell ringing ceremony at the Nasdaq MarketSite in New York, on April 18, 2019. Photo: Reuters Eric Yuan, CEO of Zoom Video Communications, takes part in a bell ringing ceremony at the Nasdaq MarketSite in New York, on April 18, 2019. Photo: Reuters
Eric Yuan, CEO of Zoom Video Communications, takes part in a bell ringing ceremony at the Nasdaq MarketSite in New York, on April 18, 2019. Photo: Reuters
Business /  Companies

Zoom, Netflix, FedEx executives’ fortunes slump as Pfizer’s vaccine hits shares of Covid-19 lockdown winners

  • Eric Yuan, the founder of Zoom, saw his net worth drop by US$5.1 billion after the video conferencing firm’s shares sank 17 per cent on Monday
  • Peloton founder John Foley, Netflix CEO Reed Hastings and FedEx chairman Fred Smith see their net worth shrink by at least US$250 million

Topic |   Coronavirus pandemic: All stories
Bloomberg
Bloomberg

Updated: 11:26am, 10 Nov, 2020

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Eric Yuan, CEO of Zoom Video Communications, takes part in a bell ringing ceremony at the Nasdaq MarketSite in New York, on April 18, 2019. Photo: Reuters Eric Yuan, CEO of Zoom Video Communications, takes part in a bell ringing ceremony at the Nasdaq MarketSite in New York, on April 18, 2019. Photo: Reuters
Eric Yuan, CEO of Zoom Video Communications, takes part in a bell ringing ceremony at the Nasdaq MarketSite in New York, on April 18, 2019. Photo: Reuters
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