(Dharshini.G, Intern journalist) In only a couple of hours, Zoom Video Communications Inc. CEO Eric Yuan got $4.2 billion richer. Trades of his virtual-meeting organization flooded as much as 26 for every cent to $410 in late US trading as it revealed a hop in quarterly income and recommended the huge development will proceed. Should the stock keep up such an addition on Tuesday, Yuan’s fortune would outperform $20 billion.
It’s been a year loaded up with eye-popping rallies for the most extravagant names in the tech world – Amazon.com Inc’s. Jeff Bezos saw his total assets develop by $13 billion of everyone day in July, and Tesla Inc’s. Elon Musk included $8 billion out of 24 hours a month ago. The two men have arrived at record levels of riches, with Bezos crossing $200 billion and Musk outperforming $100 billion a week ago.
Zoom has been one of the clearest beneficiaries of the Covid pandemic, with organizations and instructive establishments going to the administration to work and educate distantly.
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