Steve Chen Net Worth 2024: The Amazing Success Story of YouTube Co-Founder

Steve Chen is one of the popular internet entrepreneurs in Taiwan. He is the co-founder of YouTube and its former Chief Technology Officer. He is a well-known hedge fund manager and investor in America. With his expertise and experience, Steve has provided investment tips for many people.

In October 2006, Google bought YouTube for $1.65 billion in Google Stock. After the YouTube acquisition, Steve Chen and YouTube Co-Founder Chad Hurley co-founded various firms such as video company MixBit, AVOS system, and others.

Currently, Steve Chen Net Worth is estimated to be around $500 million.

Let’s learn more about Steve Chen’s,

  • Wealth Journey
  • Career
  • Life Story
  • Personal life
  • Awards

Steve Chen Net Worth 2024 – How Rich is the YouTube Co-Founder?

steve chen net worth 2024

Steve Chen’s Life Story and Education

Steve Chen was born on 25th August 1978 in Taipei, Taiwan. His family moved to the US when Steve was 15 years old. 

He completed his studies at John Hersey High School, where he started his passion for technology and the digital world. 

Steve Chen has graduated with his computer science degree at the University of Illinois at Urbana-Champaign. It is a famous institution for its Computer Science program.

This degree program helped him lay a strong foundation for his future work in technology. 

Steve started working at PayPal. That’s where he first met Chad Hurley and Jawed Karim. He also worked at Facebook for a few months before leaving.

In October 2006, Chen and Hurley sold YouTube to Google for $1.65 billion. Chen got 625,366 shares of Google from the sale, plus 68,721 more shares in a trust.

As of September 2021, those Google shares were worth almost $1.77 billion.

After YouTube, Chen and Hurley started AVOS Systems, which later bought Delicious from Yahoo. In 2016, Chen co-founded Nom.com (a live video community for food lovers), but it shut down in 2017.


Personal Life of Internet Entrepreneur Steve Chen

steve chen family

In 2009, Steve married Park Ji-Hyun, a Korean product marketing manager at Google. Currently, Steve Chen’s wife has changed her name to Jamie Chen. 

The couple has two children: Joseph and Clara. In 2019, Steve Chen moved to Taipei, Taiwan with his family. 

Apart from Chen’s professional success, his personal life is also noteworthy. He lives a happy and peaceful life with his lovable wife Jamie and their two children.


Steve Chen Net Worth 2024

Steve Chen is a famous businessman and investor. Today, his estimated net worth is $500 million. He became famous as the co-founder of YouTube (a very popular video-sharing platform).

Chen’s appreciation for art and culture is evident. He is an important supporter of the Asian Art Museum in San Francisco and in 2021, his wife was chosen as a trustee. 

As a museum’s benefactor, Chen advances the mission of protecting and distributing Asian art and heritage. 

Additionally, Chen’s influence reaches beyond technology and business. He has been supportive of Asian Achievers and professionals.

He supports them through platforms like Asian Scientist Magazine. This magazine highlights achievements in science and technology within the Asian community.


Steve Chen Awards 

steve chen awards

In 2018, Steve received two high honors in Illinois. He was honored as a Laureate of The Lincoln Academy of Illinois and awarded the Order of Lincoln by the Governor, the state’s highest honor.

In June 2006, the magazine Business 2.0 listed Chen as one of the 50 people who matter now in business at that time.

He was also named in 

  • Time magazine’s “Best Invention of the Year”, 
  • GQ’s “Men of the Year” and 
  • Fortune’s “Most Powerful People in Business”.

Investment Portfolio of Steve Chen

steve chen investments

Let’s discuss the Steve Chen’s investment journey

Steve Chen made 22 investments till now. A recent investment on Nov 21, 2023, was in AppFlowy.

Investment Portfolio

Steve’s notable companies in the investment portfolio are

  • Oura
  • Collective
  • Honestbee

His investments mainly span sectors like consumer, Enterprise applications, and 11 other sectors.

Steve Chen’s expandable investment portfolio encompasses companies from the United States, Finland, and three other countries.

Portfolio Exits

Steve Chen has six portfolio exits. The most notable exits are

  • Forge
  • Optimizely
  • Vibely
  • Punch List

Unicorn Investments

Until now, Steve Chen has invested in 2 Unicorn companies.

  • Oura
  • Vise 

He founded 2 companies. The companies he founded are

  • YouTube (a video-sharing platform)
  • AVOS (a technology solution provider for media companies)

FAQs about Steve Chen

Here are the few common questions asked about Steve Chen, 

What are the Social Media Accounts of Steve Chen?

The co-founder of YouTube, Chen has accounts on different social media platforms such as 
Twitter – @stevechen
LinkedIn – @stevechen2
Instagram – @steve_s_chen

What we can learn from famous Taiwanese entrepreneur Steve Chen?

Some inspiring lessons we can learn from Steve Chen include,
Never stop 
– Work hard 
– Take risks 
– Need a supportive team 
– Start small 
– Learn from mistakes

How old is Steve Chen?

Currently, Steve Chen is 45 years old.

Who is the real owner of YouTube?

YouTube was launched by Steve Chen, Chad Hurley, and Jawed Karim. Currently, YouTube is owned by Google.

Browse More Resources


Final Thoughts about Steve Chen’s Net Worth 2024

Steve Chen net worth of $500 million and journey as the co-founder of YouTube serves as an inspiration for many entrepreneurs worldwide.

You can take Steve Chen as a role model and develop businesses like YouTube confidently.

In summary, it does not matter how difficult things might be, the person should work hard to reach their goal. 

You too can achieve remarkable success like the co-founder of YouTube Steve Chen with faith and hard work.


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Anil Agarwal

Anil Agarwal is the guy behind this blog who also owns BloggersPassion.com and HostingMonks.com. He has also been featured/mentioned on Forbes, ProBlogger, NeilPatel.com, Huffingtonpost.com, and SEMrush. MakeBlogging.com is your one-stop destination to start a money-making blog from scratch.

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