Finance

Steve Chen Net Worth: Where Does The YouTube Co-Founder Live Now?

Steve Chen Net Worth: Where Does The YouTube Co-Founder Live Now?
Source: @steve_s_chen / IG

Steve Chen is one of the three co-founders of YouTube. In this article, we discuss Steve Chen net worth, early life, and his professional journey. Details about his personal life, such as his wife, children, family, and siblings are also mentioned.

Steve Chen is a Taiwanese-American Internet entrepreneur, who is one of the main men behind worldwide connectivity. Chen is the co-founder of the American video-sharing website YouTube. Previously, he was the chief technology officer at the company. After Google’s acquisition of YouTube in 2005, he co-founded MixBit with YouTube co-founder Chad Hurley. In this article, we will discuss Steve Chen’s net worth and his journey toward becoming one of the most powerful entrepreneurs.

Who is Steve Chen?

Steve Chen Net Worth
Source: @steve_s_chen / IG

Steve Chen is the co-founder of the world’s largest video-sharing platform. First entering into the technological world in 1999 at PayPal, he joined forces with two other PayPal employees for the creation of YouTube. After PayPal was sold to eBay, Chen worked with Chad Hurley and Jawed Karim in order to revolutionize the world. He is a very influential figure in today’s scene because YouTube rapidly grew into such a powerful platform that Google bought it for $1.65 billion. Since then, the company has expanded its features rigorously.

What is the net worth of Steve Chen?

Steve Chen has had an inspiring career throughout. After working at PayPal and before brainstorming for YouTube, he also worked at Facebook for several months. As per Celebrity Net Worth, Steve Chen net worth is estimated to be around $500 million.

NameSteve Chen
Real NameSteven Shih Chen
ProfessionAmerican Internet entrepreneur
Net worth $500 million

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Early life

Born in Taipei, Taiwan; he moved to the United States with his family at the age of seven. After settling in Illinois, he completed his middle school education at River Trails Middle School in Mount Prospect. Further, he joined John Hersey High School in Arlington Heights for high school freshmen year. The last three years of Steve Chen’s education were completed at Illinois Mathematics and Science Academy in Aurora, Illinois. Then, he studied computer science at the University of Illinois Urbana-Champaign.

Professional career

In his initial career, he worked at PayPal where he met Chad Hurley and Jawed Karim. Chen was one of the first product engineers at PayPal. Moreover, he played a crucial role as the engineering manager on many projects. 

Later, he joined hands with Hurley and Karim to start YouTube. For a brief period, he worked at Facebook as well. Before selling YouTube to Google for $1.65 billion in 2006, he also took the position of chief technology officer. He, along with Hurley, has secured his name in many prestigious lists including Business 2.0’s “50 Most Influential People,” GQ’s “Men of the Year,” and Fortune’s “Most Powerful People in Business.”

Post-acquisition, he continued as an advisor and developed many features for YouTube. In 2011, he co-founded another startup with Chad Hurley, AVOS Systems. However, it was dissolved a few years later. In 2014, he again founded a live-streaming food network Nom.com with Vijay Karunamurthy. However, it was shut down a year later.

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Personal life

How old is Steve Chen?

He was born on August 25, 1978. Thus, Steve Chen’s age is 45 years as of May 2024.

Family and siblings

Steve Chen Net Worth
Source: @steve_s_chen / IG

Not much is known about his family and siblings except that Chen’s father moved to the US. His father had a successful trading business in Taiwan which he aimed to expand by immigrating to the United States. His family resided in the country and Steve Chen’s house was in Prospect Heights, Illinois.

Wife and children

Chen tied the knot with a Google Korea product marketing manager in 2009. His wife, Park Ji-hyun, has changed her name to Jamie Chen. The couple has two children, with their one son born in July 2010. In August 2019, Chen, along with his family, moved back to Taiwan and has been staying there since. Reportedly, the couple is a huge supporter of the Asian Art Museum of San Francisco, where Jamie Chen was employed as a trustee in July 2012.

Facts/Trivia

  • He began his journey in Silicon Valley in 1999 with PayPal.
  • Steve Chen registered YouTube on Valentine’s Day of 2005. The video-sharing platform started out as a dating site.
  • Chen was named as one of the 15 Asian Scientists To Watch by Asian Scientist Magazine on May 15, 2010.
  • He was inducted as a Laureate of The Lincoln Academy of Illinois. Chen was also awarded the Order of Lincoln, which is the highest honor of the state, by the Governor of Illinois in 2018.

About the author

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Simon Hopes

Simon Hopes, an ardent Hollywood fan, attended the California State University, obtaining a Bachelor of Arts degree in Journalism and Mass Communication. Delving into his passion for entertainment, Simon joined as a staff writer at The Collider where he honed his skills and gained valuable experience in years. At The Next Hint Media, Simon serves as a senior writer, summoning his expertise to deliver captivating articles related to entertainment and Hollywood industry. With a passion of covering unusual and latest trends, he ensures to captivate the reader's attention with his entertaining and updated articles. His dedication to his craft makes him a valuable asset in the The Next Hint Media’s Entertainment team.

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