Image: Public domain | via Wikimedia Commons
Samuel Chen is a Taiwanese investor and entrepreneur with a current net worth of $1.6 billion, as of 2024. Chen's wealth stems primarily from his investments in various sectors, including technology and biotech. He gained prominence as an early investor in Zoom Video Communications, which significantly boosted his wealth. Chen's career includes experience in the technology and financial sectors, and he has founded and invested in multiple companies.
Details regarding Samuel Chen's early life are limited, but it is known that he earned a bachelor's degree in chemical engineering from Taiwan's National Tsing Hua University.
Chen's career began with trading ink, which helped him accumulate his initial wealth. His success skyrocketed with his early investment in Zoom Video Communications. He was an early investor in Zoom, which surged 1,479% from its IPO to its peak during the pandemic. He sold a stake in Zoom's IPO, then sold off more shares in early 2020. The investment in Zoom was facilitated by his introduction to Zoom founder Eric Yuan by H.P. Jin, CEO of Telenav Inc.
Chen's key strategy has been identifying and investing in promising companies, particularly in the technology and biotech sectors. His early investment in Zoom is a prime example of his ability to recognize potential. Chen's investment vehicle, Digital Mobile Venture, has funded biotech and electronics companies in Taiwan. Chen has been the director of several companies, including Polaris Group, a cancer drug research firm that went public in Taiwan in 2022.
While specific details on Samuel Chen's philanthropic activities are not readily available, his involvement in the Sam Chen Lives On Foundation suggests a commitment to charitable causes.
Made an early investment in Zoom Video Communications.
Concluded his tenure as a director of Zoom.
Bought a stake in Polaris Group.
Led a $109 million investment in Taiwanese biotech firm Acepodia.
Supports special needs children and adults
