LeaderPortfolio
Zhao
Ivan Zhao
Rank #2414
CANADATechnologySoftware

Ivan Zhao

Net Worth
$1.7B
0% (24h)
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.

The Full Dossier

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 Timeline

2024

100 Million Users

Notion reached over 100 million users globally.

2021

Unicorn Status

Notion achieved a $10 billion valuation.

2019

1 Million Users

Notion reached 1 million users.

2015

Rebuilt Notion

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

2013

Co-founded Notion

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

Philanthropic Impact

EducationUndisclosed

Reboot Student Fellowship

Co-directs the Reboot Student Fellowship.

Wealth Trajectory