Steve Chen, a co-founder of YouTube, was born in Taiwan in 1978; he moved to America as a young child and was raised in Illinois. He has loved computers and technology since he was young.
He initially worked at PayPal, a Financial Technology company that handles Online Payment Systems. After quitting this job, he worked at Facebook and left this job as well to start his own company, YouTube, alongside Chad Hurley and Jawed Karim.
Steve Chen Biography
After working at major companieÂs like Facebook and PayPal, Steve Chen and his friends had an idea to start theÂir own business. In 2005, they createÂd YouTube, a website that made it easy for people to upload and share video clips online. YouTube beÂcame very popular and attracted many useÂrs as soon as it launched. People loveÂd the simple and convenieÂnt way to share videos with others. In 2006, Google took over YouTube in a deal worth $1.65 billion. Steve Chen invested his earnings in neÂw ventures like AVOS SysteÂms and Mixbit.
Before YouTube, sharing videÂos online was complicated. Steve Chen and his team createÂd a platform that simplified the process. TheÂy allowed anyone to upload videÂos and share them with a wide audieÂnce. YouTube quickly became a hit because it filled a neÂed people had. The website’s user-frieÂndly design and features made it stand out from other video-sharing options at the timeÂ.
Steve Chen Net Worth 2024
| Steve Chen Net Worth 2024 | Around $500 Million |
| Salary | Not Known |
| Income Source | Business |
Steve Chen’s current net worth is over $500 million, and we will update you with the latest information if it increases in the future.
Steve Chen Net Worth 2024, Age, Height, Wife, Personal Information & Bio
| Full Name | Steve Chen |
| Famous | YouTube |
| Gender | Male |
| Date of Birth | 18 August 1978 |
| Age | 45 years (as of May 2024) |
| Occupation | Businessman |
| Birthplace | Taipei City, Taiwan |
| Hometown | Taipei City, Taiwan |
| Current residence | Taipei, Taiwan |
| Nationality | Taiwanese |
Also Read: Youtube co-founder Chad Hurley Net Worth
Steve Chen Educational Background
| School | River Trails Middle School John Hersey High School |
| University | Illinois Mathematics and Science Academy, University of Illinois for Computer Science |
| Educational Qualification | Graduated |
After high school, he joined the University of Illinois for computer science, where he met with one of his future business partners, Chad Hurley, who liked computers.
Chen put much effort into college to get a bachelor’s degree in Computer Science at the University of Illinois. With all these skills and competencies, Chen was prepared for a career in computer science with a college education. Now, after gaining his college certificate in the same, he is more than ready to join the technology field.
Steve Chen Family Information
| Father Name | Name Not Known |
| Mother Name | Name Not Known |
| Siblings | Name Not Known |
| Marital Status | Married |
| Current wife | Park Ji-hyun (Jamie Chen) in 2009 |
| Kids | 2 Kids |
He keeps his personal life private, so we have not found any information about his parents and siblings. After thorough research, we discovered he married Jamie Chen in 2009, and they have two kids.
Steve Chen’s Physical Appearance
Height | 5 Feet 7 Inches |
| Weight | 147 lbs |
| Hair Colour | Black |
| Eye Colour | Black |
| Body Measurement | Not Available |
Steve Chen Social Media Accounts
What a monumental day for Draco Capital
— steve chen (@stevechen) July 13, 2024
partners and Draco Evolution AI ETF, as we conducted the closing bell ceremony on the New York Stock Exchange on its behalf! #DRAI #DracoCapital pic.twitter.com/SG59Rn5eZ2
| Instagram account | @steve_s_chen (8,631 Followers) |
| Facebook Account | Steve Chen |
| Twitter account | @stevechen (19.1K followers) |
Steve Chen’s Early and Personal Life
Steve Chen was born in Taiwan to Chinese immigrant parents before they moved the family to Illinois when he was very young. After co-founding YouTube and selling the company to Google for $1.65 billion in 2006, he used some of his take to buy a very nice, expensive house in San Francisco.
He married Park Hyun in 2009 and had two children. However, Chen prefers to keep his private family life away from the public glare. He enjoys simple outdoor activities such as hiking and bicycling when he does not work on technical projects. He is also fond of photography, and despite earning millions from YouTube, he lives a simple life.
Steve Chen Career as the Founder of YouTubeÂ
Steve Chen initially entered the technology sector by working at PayPal, an online payment system company. After working there for a few months, he left the job and joined Facebook. Later, Steve teamed up with Chad Hurley and Jawed Karim to create YouTube. The idea behind YouTube was to develop a website where people could easily upload, share, and watch videos online. Sharing videos on the internet was very difficult then, but Steve and his partners found a way to make it much easier.
YouTube became an instant hit. More and more people began using it as they shared videos of themselves or anything else they wanted to post on YouTube. YouTube provided a platform for anybody with a camera and access to the internet where their videos could be showcased globally. YouTube’s success did not go unnoticed in big tech circles in 2006; Google purchased it at an unbelievable price of $1.65 billion, Which the three of them had divided equally.
He stayed on after Google bought out YouTube to help expand its operations even further. He has played an instrumental role in growing the company into the giant video-sharing site now used by billions of people around the globe.
Besides YouTube, Steve has also started and invested in other technology companies. He is also involved in philanthropy, especially education and technology-related causes.
For instance, he received numerous awards for his work on YouTube, such as being named one of “The Top 50 Entrepreneurs” by Fortune Magazine in 2009. He speaks at technology conferences and has his stories and thoughts published in magazines.
Today, Steve Chen is hailed as a technology visionary, particularly in the field of online video sharing. His tool, YouTube, greatly influenced people’s video-watching and sharing behaviour, strongly affecting the digital world.
Steve Chen Interview on YouTube
Some Interesting Facts about Steve Chen
Here is a list of some of the interesting and less-known facts about Steve Chen
- After moving back to Korea in 2009, Chen married Park Ji-hyun, a Korean product marketing Manager, who later changed her name to Jamie Chen.
- From a young age, he was very interested in computers and technology, which contributed to his success with YouTube later in life.
- Before creating YouTube, Their Initial thought was to create a Dating site where singles could find someone to date, but it became clear that sharing videos was a much bigger idea.
- YouTube was created by all three of them, but Chad Hurley was its CEO, not Steve Chen; he was the Chief Technology Officer.
- Before YouTube, Chen was one of the first employees at Facebook, where he developed the company’s system for payroll processes.
- He really does love photography as a hobby, and it makes sense because YouTube is about sharing videos with visuals.
- It was only in 2009 that Fortune Magazine named Chen one of the “Top 50 Entrepreneurs” for his efforts with YouTube.
- Thereafter, with YouTube’s success, he invested more money in other tech start-ups and advised them as well.
Some FAQs
After selling YouTube to Google, what did Steve do?
After selling YouTube to Google in 2006, he ventured into various Tech and Entrepreneurship projects and remained Google’s official advisor for YouTube development.Â
What is Steve Chen Net Worth?
Steve Chen Net Worth is estimated to be $500 Million (as of 2024).
Has Steve Chen been involved in philanthropic work?
Steve Chen is also a philanthropist in his own right, with an emphasis on the field of education and technology.
What are his major achievements?
In 2009, Fortune Magazine selected Chen as one of the “Top 50 Entrepreneurs” and awarded him several other prizes for his achievements.
What does Steve Chen like to do in his free time?
Steve Chen enjoys hiking, biking, and taking photos.
Is Steve Chen socially active?Â
Very little. Steve Chen is usually very private and doesn’t put his personal life at the forefront.
