Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
Portrait de Jerry Yang
Birthday : 11/06/1968
Place of birth : Taipei (Taïwan) - China
Country of residence : USA

Biography of Jerry Yang 
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.
Copyright © 4-traders.com / Photo © Reuters

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."


Most Read News 
01/12DJJACK MA : Amazon Touts Plan to Create More Than 100,000 Full-Time Jobs in U.S.
01/12 RATAN TATA : India's Tata Sons names insider Chandrasekaran as new chairman
01/11DJWARREN BUFFETT : 'I'm Getting Down to Salvage Value'
01/10 JACK MA : Alibaba's Ma meets Trump, promises to bring one million jobs to U.S.
01/10DJJAMES PACKER : James Packer to Rejoin Crown Board as Chairman Steps Down
01/11 WILBUR ROSS : Trump's Commerce pick Wilbur Ross is no stranger to protectionism
01/13DJSHELDON ADELSON : Wall Street Journal Settles Libel Lawsuit Brought by Casino Magnate Sheldon Adelson
01/10 RICHARD DESMOND : Trinity Mirror in talks to combine with Richard Desmond's UK papers
01/10DJMARISSA MAYER : After Sale, Marissa Mayer to Leave Yahoo Board; Yahoo to Change Name to Altaba
01/11 JAMES PACKER : After Macau and Vegas, investors ask what's next for Australia's Packer
More news
Advertisement
Latest news about Jerry Yang 
More news


Popular Business Leaders 
Paul Achleitner William Ackman Alain Afflelou Vincent Bolloré Warren Buffett Jean-paul Clozel Gary Cohn Tim Cook Barry Diller Jamie Dimon Thorsten Dirks Patrick Drahi Klaus Engel Bill Gates Carlos Ghosn David Henry Jean-françois Hénin Carl Icahn Anshu Jain Isabelle Kocher Jack Ma John Mackey Lakshmi Mittal James Murdoch Elon Musk Peter Nicholas James Packer Patrick Pouyanné Sumner Redstone Alexandre Ricard Kasper Rorsted Wilbur Ross Johann Rupert Naguib Sawiris Charles Scharf Charles Schwab Carlos Slim Rupert Stadler Randall Stephenson John Stumpf Bernard Tapie Ratan Tata Tidjane Thiam Peter Thiel François Villeroy De Galhau Thomas Wilson Martin Winterkorn Dieter Zetsche Mark Zuckerberg
A-Z Business Leaders