Portrait of Ivan Zhao

Rank #2418

Ivan Zhao

Net worth $1.7B

Software · Canada

Born
May 31, 1986
Age
39
Source
Software
Residence
San Francisco, California
Citizenship
Canada
Marital status
Children
0
Education

Net worth over time

Biography

  • Ivan Zhao is the CEO and original founder of productivity software company Notion, which was last valued at $10 billion.
  • Notion's software is a minimalistic competitor to Microsoft 365 and Google Workspace.
  • The software is popular among both business users and consumers. Zhao expects it to hit 100 million users in 2024.
  • Word-of-mouth growth has helped Zhao to keep Notion lean in employee count and profitable.
  • In turn, he has raised about $330 million at low dilution. He owns 30% of the company, Forbes estimates.
  • Zhao is particular about the design and aesthetics of a space. Notion's first three offices had a no-shoes policy.
  • He also hand-selected every piece of furniture in Notion's San Francisco headquarters.
  • His favorite is the Artek Aalto Stool, designed in 1933, which retails for about $400.