Zhang Chaoyang
CEOs

Zhang Chaoyang Net Worth

He is the founder and chairman of the Chinese internet company Sohu, which he founded in 1996. He also serves as the chairman of the board of directors of China Broadband Capital, a venture capital firm. Zhang Chaoyang has made investments in a variety of industries, including technology, media, and entertainment. Zhang Chaoyang is a Chinese businessman and investor with a net worth of $425 million. He is the founder and chairman of Sohu, an internet company founded in 1996, and chairman of the board of directors of China Broadband Capital, a venture capital firm. Zhang Chaoyang has made investments in a variety of industries, including technology, media, and entertainment.
Zhang Chaoyang is a member of CEOs

Age, Biography and Wiki

Who is it? Businessperson
Birth Day October 31, 1964
Birth Place China
Age 59 YEARS OLD
Birth Sign Scorpio
Net Worth: $425 Million
Gender: Male

💰 Net worth: $425 Million (2024)

Internationally known as Charles Zhang, he was born to a very humble physician parents at a small arsenal near Xi'an, China. Today regarded as one of the China's Internet pioneers, Zhang Chaoyang has showed his interest in science at a very young age. Since he was an extraordinary student, Zhang was accepted at the prestigious Beijing's Tsinghua University where he studied physics. He continued his education under full scholarship at the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts, USA. In 1993, he graduated from MIT with a PhD in Experimental Physics. Right away, Dr. Zhang became MIT's liaison officer for China. Having spent almost two years with MIT, he joined Internet Securities Inc. (ISI) late in 1995 and got back to Beijing to establish the ISI China operation.

At ISI, Zhang came up with the idea to found his own Internet search engine company. That's how Internet Technologies China (ITC) was set up in 1996 by Zhang Chaoyang and his two fellow MIT Professors with the help of venture capital. Also, it was the first VC funding of a Chinese Internet company. Once he met Jerry Yang in May of 1997, he decided to transform ITC and changed its name to Sohu. Soon, Sohu and its search engine became a household name in China. In order to raise capital, Zhang carried out four mergers with other Chinese Internet companies. It was on July 12, 2000, when Sohu was listed on NASDAQ Stock Market. Thanks to Zhang, the company lived through the dotcom crash in the early 2000s and eventually became one of very well known Chinese Internet stocks, with a market value of around $2 billions..

Some Zhang Chaoyang images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.