Li Ka -shings early investment in ZOOM is worth nearly $ 3 billion

Hong Kong's richest man, Li Ka -shing, became the richest man in Hong Kong in the early days of real estate and infrastructure. In the current crisis, it brings back a scientific and technological investment.

According to Bloomberg, Li Ka -shing, who was presented by the admirer, was the early investor of Zoom Video Communications Inc., who was presented to the superman, and held approximately 8.6%of the company headquarters in San Jose.This year, the value of this equity has soared by 80%to MDASH; MDash; this is the only right to gain value growth this year in his public holdings tracked by the Bloomberg billionaire index.After Hong Kong was hit by protest demonstration and the new crown epidemic, his overall wealth fell by about $ 5 billion to $ 26 billion this year.

According to regulatory filing, Li Ka -shing, 91, holds ZOOM through three investment tools.According to the ZOOM website information, Li Ka -shing's Horizons Ventures led the US $ 6.5 million Series B financing of the company in 2013 and participated in a round C financing of $ 30 million after two years.When Zoom was listed in the United States in April 2019, his shares were worth about $ 850 million.

When social alienation due to the epidemic in many areas around the world, ZOOM's conference call software has become an important tool for millions of people.ZOOM's stock price has soared, because people with home isolation use this tool widely, from work conferences, Passover Meals to open drinks.However, due to privacy security issues, the stock has recently fallen.

Li Ka -shing is not the only person who has benefited from Zoom.According to Bloomberg's data, Zoom founder Yuan Zheng is currently $ 6.1 billion.Yang Zhiyuan, the founder of Yahoo co -founder, was also an early investor.According to regulatory documents, before ZOOM stocks soared, David Bonderman's family wealth management room, Wildcat Capital Management joined at the end of last year.

Other companies of Li Ka -shing are helping to expand the user base of Zoom.Hutchison Telecom's mobile subsidiary 3 Hong Kong said in a statement on March 18 that he donated a communication service portfolio to thousands of schools in Hong Kong, including free Zoom school schools.