Billionaire Profile
Ivan Zhao
Global Rank
#2430

Image: Plamen S. Andreev, Wenjin Zhao, Nian-Zhong Wang, Moya M. Smith, Qiang Li, Xindong Cui, Min Zhu, Ivan J. Sansom | CC BY 4.0 | via Wikimedia Commons

Ivan Zhao

CEO, Software
CANADA
Real-Time Net Worth
$1.7B
Estimated based on Software stock value as of April 20, 2026
0% (24h)
Age
39
Source
Software
Industry
Technology
Citizenship
CANADA

Biography

Ivan Zhao is a Canadian entrepreneur and software developer, best known as the co-founder and CEO of Notion, a leading productivity and collaboration software company. Born in China and later raised in Canada, Zhao studied cognitive science at the University of British Columbia, where his interest in design, technology, and human behavior began to converge. His career includes roles as a designer and engineer, influencing his vision for a user-friendly tool. Under his leadership, Notion has grown into a $10 billion company, impacting how teams and individuals organize their work. As of 2024, Zhao's net worth is estimated to be $1.7 billion, primarily from his stake in Notion. Zhao's focus is on democratizing computing and empowering users to create their own solutions.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Ivan Zhao was born in China and later moved to Canada. He studied cognitive science at the University of British Columbia, a multidisciplinary field combining psychology, computer science, linguistics, and philosophy. This academic background nurtured his holistic approach to problem-solving.

Rise to Success

After university, Zhao worked as a designer, but his vision extended beyond aesthetics. He aimed to create a tool that combined beauty and function, empowering people to work and think better. In 2013, Zhao co-founded Notion Labs, Inc., in San Francisco, with Simon Last. The mission was to design a flexible, all-in-one workspace customizable without coding skills. Initially, the first version failed to resonate with users, facing funding scarcity and intense competition. Despite these challenges, Zhao's determination drove him to persevere. Notion's early success involved a close-knit team, with Zhao working on development. Notion's turning point came in 2019 when it hit 1 million users, marking its emergence in the market. From 2019 to 2020 the company saw 400% growth.

Key Business Strategies

Zhao's business philosophy is rooted in simplicity, design, and user empowerment. He focused on creating a product that would be adaptable, minimalistic, and driven by user feedback. Notion adopted a freemium model, which has been key to democratizing access. They are going all in on AI.

Philanthropy

While specific details are unavailable, Zhao is involved with the Reboot Student Fellowship.

Career Milestones

2013

Co-founded Notion

Co-founded Notion Labs, Inc., in San Francisco with Simon Last, aiming to create a customizable workspace.

2015

Rebuilt Notion

Zhao and Simon Last rebuilt Notion to solve performance and scalability issues.

2019

1 Million Users

Notion reached 1 million users.

2021

Unicorn Status

Notion achieved a $10 billion valuation.

2024

100 Million Users

Notion reached over 100 million users globally.

Philanthropy & Social Impact

Education

Reboot Student Fellowship

Undisclosed

Co-directs the Reboot Student Fellowship.

Business Philosophy & Leadership

Notable Quotes

"We see things not as they are, but as we are."

"“There is a saying, 'Education is different from schooling,' and he understood this”"

"Customer service shouldn't just be a thing. It's not just some department that fulfills a task. It must be part of a system, integrated into the whole like a beetle's mouth is connected to its guts, so that"

Leadership Principles

Design-First Thinking

Emphasizes simplicity, user experience, and a design-focused approach to product development.

User Empowerment

Focuses on giving users the tools to create and customize their solutions.

Community-Driven Development

Values user feedback and community engagement.