The Billionaire who was Denied US Visa 8 times

Mr Yuan, a Chinese billionaire finally made it to the US two years after his visa rejection and has become a major shareholder of video conference services firm Zoom Video Communications Inc. Yuan

The video communications company have raised $751 million in an initial public offering Wednesday, April 17, Bloomberg reports.

It was gathered that Yuan’s family stock hit $57 million, based on Zoom’s IPO price of $36 a share.

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The billionaire’s company’s reported net income of $7.6 million on revenue of $331 million for the year is now nine times worth 1 billion.

Mr Yuan who started his career at the WebEx communication also worked at Cisco Systems Inc before he came up with Zoom video communications.

He said his dream was to have a smart device which can allow him see and talk to people in just one click.

The billionaire said: “And every day I thought about that.”

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