Chen was born on August 18, 1978, in Taipei, Taiwan, and moved to the United States at the age of eight. He attended the University of Illinois at Urbana-Champaign, where he earned a degree in computer science.
In November 2006, Google acquired YouTube for approximately $1.65 billion in stock, making Chen and his co-founders instant millionaires.
Steve Chen is married to Park Ji-hyun and they have two children together. The family maintains a private life, focusing on quality time and their close-knit relationships.
He has received several awards, including being named one of Time magazine’s "100 Most Influential People in the World" in 2007. Chen has continued to work in technology and startups, founding companies like AVOS Systems, which developed products like MixBit.
Steve Chen’s current net worth is over $500 million. largely due to his success with YouTube and subsequent ventures. As a venture capitalist, Chen has continued to grow his financial portfolio, focusing on innovative tech companies.