LeaderPortfolio
Yixiao
Cheng Yixiao
Rank #1974
CHINAMedia & EntertainmentVideo streaming app

Cheng Yixiao

Net Worth
$2.114B
0% (24h)
Cheng Yixiao, a 42-year-old self-made billionaire, is the co-founder and current CEO of Kuaishou Technology, a leading short-video and live-streaming platform. His wealth stems from his pivotal role in building Kuaishou, a company that revolutionized how people share videos and interact on social media. His career began as a software engineer, contributing to Hewlett-Packard and Renren Inc. before launching the GIF Kuaishou app in 2011, which later evolved into the massive Kuaishou platform. Cheng's leadership has been instrumental in the company's growth, including its successful IPO on the Hong Kong Stock Exchange.

The Full Dossier

Early Life

Cheng Yixiao was born in 1985 and raised in Tieling, Liaoning province, China. He began his career as a software engineer, starting at Hewlett-Packard in 2007. Later, he worked at Renren Inc. as an iPhone client software developer from September 2009 to February 2011.

Rise to Success

In 2011, Cheng co-founded Kuaishou (then known as GIF Kuaishou), a GIF-sharing mobile app. This app served as the foundation for Kuaishou's future growth, evolving into a comprehensive video-sharing platform. In 2013, he met Su Hua, and they decided to pivot GIF Kuaishou into a video-sharing app. Cheng served as the Chief Product Officer, and Su Hua became CEO. Kuaishou went public on the Hong Kong Stock Exchange in February 2021. In October 2023, Cheng Yixiao became Chairman of the Board and added the role of Chief Executive Officer.

Key Business Strategies

Key strategies included a focus on user-generated content, community engagement, and live-streaming features. The company emphasized AI-driven content distribution and commerce integrations.

Philanthropy

Information regarding Cheng Yixiao's specific philanthropic endeavors is not readily available in the search results.

Career Timeline

2023

CEO and Chairman of the Board

Became Chairman of the Board and added the role of Chief Executive Officer.

2021

Kuaishou IPO

Kuaishou went public on the Hong Kong Stock Exchange.

2011

Co-founder of Kuaishou

Launched GIF Kuaishou, the precursor to Kuaishou Technology.

2009

iPhone Client Software Developer

Worked at Renren Inc..

2007

Software Engineer

Began career at Hewlett-Packard.

Philanthropic Impact

Not Available$XB

Not Available

Not Available

Wealth Trajectory