Jerry Yang

Jerry Yang

Director/Board Member at ALIBABA GROUP HOLDING LIMITED

Net worth: 25 M $ as of 30/05/2024

54 year
Technology Services
Electronic Technology
Finance

Profile

His father died when he was only two years. Yang moved to San José at the age of ten years with his mother and brother. He said that even if his mother was an English teacher, he knew only one word (shoe) on his arrival in the United States.

Yang is graduated from the Sierramont Middle School, and Piedmont Hills School and he received his BS and MS degrees in electrical engineering at Stanford University, where he was a member of Phi Kappa Psi fraternity.

In 1994, Jerry Yang founded Yahoo! with David Filo. Their aim was building the first directory of websites on Internet. Initially, this directory of websites called “Jerry’s Guide to the World Wilde Web”.

They worked on this project during their studies at Stanford University. But quickly, the website knows a big success following the development of the web. Yahoo ! decides to popularize the concept of portal including content and services. In 2005, the company announces a turnover of $ 5.2 billion, a net income of $ 1.9 billion thanks to a workforce of 11,000 employees.

Jerry Yang thought that AOL and Microsoft were awesome competitors so he decided to use his personal fortune ($ 10 million) to fund the company Google. Despite a return on investment of 5000%, Jerry Yang will always repent this action, which let the creation of the biggest search engine.

In the early 2000, Yahoo ! didn’t use sponsored links, this new form of online advertising that will make the fortune of Google. Since 2004, the two internet giants are angry.

Jerry who has led various positions in the company is called to become CEO of the American group in July 2007 in order to boost Yahoo.

In February 2008, Microsoft wanted to outdo Google so proposed to buy Yahoo ($ 47 billion) but the company refused.

Jerry Yang who tried to maintain a strategy of independence for Yahoo ! is forced to negotiate a major advertising deal with Google. But American advertisers and the competitor’s authorities are not in favour of this alliance which could raise the power of Google on the online advertising market. Google decides to give up the project. Disappointed, Mr. Yang says that a rapprochement between Yahoo ! and Microsoft would be the best option. But Steve Ballmer, the boss of the software refuses.

In November 2008, his board of directors forced him to resign. Jerry Yang is replaced by Carol Bartz, a veteran of Silicon Valley. However, Jerry Yang keeps his position on the board of directors and always works in the company.

In January 2012, Jerry Yang leaves the company and its board of directors.

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
18/04/2024 92,544 ( 0.04% ) 20 M $ 30/05/2024
15/11/2023 3,446,298 ( 0.03% ) 5 M $ 30/05/2024

Jerry Yang active positions

CompaniesPositionStart
WORKDAY INC. Director/Board Member 24/11/2013
ALIBABA GROUP HOLDING LIMITED Director/Board Member 31/08/2014
Director/Board Member -
Stanford University Director/Board Member 30/09/2017
Director/Board Member 31/10/2014
Director/Board Member -
Founder 31/12/2011
Consultant / Advisor -
All active positions of Jerry Yang

Former positions of Jerry Yang

CompaniesPositionEnd
LENOVO GROUP LIMITED Director/Board Member 15/11/2023
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Training of Jerry Yang

Stanford University Graduate Degree

Experiences
Positions held

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Inactive

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Private companies

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Connections

99

1st degree connections

15

1st degree companies

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Female

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Linked companies

Listed companies5
WORKDAY INC.

Technology Services

ALIBABA GROUP HOLDING LIMITED

Retail Trade

Z HOLDINGS CORPORATION

Technology Services

CISCO SYSTEMS, INC.

Electronic Technology

LENOVO GROUP LIMITED

Electronic Technology

Private companies9

Technology Services

Technology Services

Technology Services

Finance

Commercial Services

Technology Services

Electronic Technology

Technology Services

Finance

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