Member access

4-Traders Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Portrait de Jerry Yang
Jerry Yang
Birthday : 11/06/1968
Place of birth : Taipei (Taïwan) - China
Country of residence : USA
Linked companies : Cisco Systems, Inc. - Hewlett-Packard Company - Yahoo! Inc. - Yahoo Japan Corporation
Biography

His father died when he was only two years. Yang moved to San José at the age of ten years with his mother and brother. He said that even if his mother was an English teacher, he knew only one word (shoe) on his arrival in the United States.

Yang is graduated from the Sierramont Middle School, and Piedmont Hills School and he received his BS and MS degrees in electrical engineering at Stanford University, where he was a member of Phi Kappa Psi fraternity.

In 1994, Jerry Yang founded Yahoo! with David Filo. Their aim was building the first directory of websites on Internet. Initially, this directory of websites called “Jerry’s Guide to the World Wilde Web”.

They worked on this project during their studies at Stanford University. But quickly, the website knows a big success following the development of the web. Yahoo ! decides to popularize the concept of portal including content and services. In 2005, the company announces a turnover of $ 5.2 billion, a net income of $ 1.9 billion thanks to a workforce of 11,000 employees.

Jerry Yang thought that AOL and Microsoft were awesome competitors so he decided to use his personal fortune ($ 10 million) to fund the company Google. Despite a return on investment of 5000%, Jerry Yang will always repent this action, which let the creation of the biggest search engine.

In the early 2000, Yahoo ! didn’t use sponsored links, this new form of online advertising that will make the fortune of Google. Since 2004, the two internet giants are angry.

Jerry who has led various positions in the company is called to become CEO of the American group in July 2007 in order to boost Yahoo.

In February 2008, Microsoft wanted to outdo Google so proposed to buy Yahoo ($ 47 billion) but the company refused.

Jerry Yang who tried to maintain a strategy of independence for Yahoo ! is forced to negotiate a major advertising deal with Google. But American advertisers and the competitor’s authorities are not in favour of this alliance which could raise the power of Google on the online advertising market. Google decides to give up the project. Disappointed, Mr. Yang says that a rapprochement between Yahoo ! and Microsoft would be the best option. But Steve Ballmer, the boss of the software refuses.

In November 2008, his board of directors forced him to resign. Jerry Yang is replaced by Carol Bartz, a veteran of Silicon Valley. However, Jerry Yang keeps his position on the board of directors and always works in the company.

In January 2012, Jerry Yang leaves the company and its board of directors.

Anecdotes
Jerry Yang was really criticized during the arrest of Chinese journalist Sho Tao by Chinese authorities. This journalist showed, on a website pro democracy, Chinese’s authorities willingness to do not give media for the 15th anniversary of Tiananmen. Yahoo ! collaborated with the Chinese authorities to find the responsible. Sho Tao was condemned for “divulging state secrets abroad”.

According to Forbes, his fortune was estimated at $ 1.3 billion in 2011.

Jerry Yang is married to Akiko Yamazaki.
Citations
"Certainly Yahoo! wouldn't exist without the sort of environment that Stanford gave us to allow us to create it."
Copyright © 4-traders.com / Photo © Maxppp
Latest news about Jerry Yang 
Elementum Secures 5 New Investors
4 days ago - Enterprise startup Elementum has announced the addition of five new investors-Aaron Levie, Dave Duffield, Jerry Yang, Jim Davidson, and Mike Frandsen-as well as new mem
Workday Says Yahoo Co-founder Jerry Yang Joins Board
2013 - By Everdeen Mason Workday Inc. named Yahoo Inc. co-founder Jerry Yang to its board as the company continues to build its cloud-based software business. Workday said Mr. Yang's experience would bring new
Yahoo co-founder Jerry Yang joins Lenovo board as observer
2013 - HONG KONG (Reuters) - Lenovo Group said Yahoo! co-founder Jerry Yang is to join its board as an observer, as the world's No. 2 maker of PCs expands its mobile business to tap global demand for smartphones and tablets.
Yahoo Co-Founder Yang to Resign from Cisco's Board
2012 - By Drew FitzGerald Cisco Systems Inc. said former Yahoo Inc. Chief Executive Jerry Yang will resign from its board after the company's annual shareholder meeting in November, leaving the network equipment maker wit
1  2  3  4  5  6  7  8  9  10Next
Advertisement
Popular Business Leaders 
Sheldon Adelson Paul Allen Mukesh Ambani Bernard Arnault Luc Besson Vincent Bolloré Martin Bouygues Richard Branson Warren Buffett Steve Case Benjamin De Rothschild Paul Desmarais Bill Gates Philip Green Carl Icahn Steve Jobs Li Ka-shing Eric Knight Arnaud Lagardère Lakshmi Mittal Rupert Murdoch François-henri Pinault Jim Rogers Naguib Sawiris Stephen Schwarzman Carlos Slim George Soros Donald Trump Jerry Yang Romain Zaleski
A-Z Business Leaders
Most Read News 
Fairfax-led group to invest in Eurobank in bet on Greek turnaround
5 days ago - ATHENS (Reuters) - International investors are to invest 1.3 billion euros (1billion pounds) in Eurobank (>>&nb...
Sawiris says ready to invest $1-2 billion in Telecom Italia-paper
7 days ago - MILAN (Reuters) - Egyptian billionaire Naguib Sawiris is ready to invest $1 billion (597 million pounds) to $2 billion (1 ...
Billionaire Usmanov remains Russia's richest tycoon - Forbes
3 days ago - MOSCOW (Reuters) - Alisher Usmanov is Russia's richest tycoon for the third year in a row, with wealth of $18.6 billion (1...
Oneida Nation Praises Leading Native American Organizations for Withdrawing Support for Event Sponsored by Washington NFL Team
6 days ago - Oneida Nation Homelands, NY April 14, 2014 The Oneida Indian Nation and the national Change the Mascot campaign it lea...
BlackRock Profit Climbs
3 days ago - BlackRock Inc. said its first-quarter earnings climbed 20%, surpassing analysts' forecasts as revenue rose on strong pe...
More news
Dynamic quotes  
ON
| OFF