Shou Zi Chew, a Singaporean businessman and entrepreneur, has become a prominent figure in the global technology sector, serving as the CEO of TikTok since 2021. Born on January 1, 1983, the 42-year-old entrepreneur has a net worth of $200 million. Chew is married to Vivian Kao, a fellow Harvard alumnus, with whom he shares two children. His career trajectory, from investment banking to leading one of the most influential tech companies, reflects his determination and ability to navigate complex challenges.
Key Takeaways
- Trailblazer in Tech: Shou Zi Chew’s journey from investment banking to leading TikTok underscores his ability to adapt and excel in diverse roles.
- Global Perspective: His leadership at Xiaomi and ByteDance showcases his expertise in navigating international markets and addressing complex challenges.
- Resilience Under Scrutiny: Chew’s ability to defend TikTok amid global criticism reflects his commitment to transparency and innovation.
- Philanthropy and Family: Beyond his professional achievements, Chew remains grounded, prioritizing his family and giving back to the community.
Early Life and Education
Humble Beginnings in Singapore
Shou Zi Chew was born and raised in Singapore to a modest family background. His father worked in construction, while his mother was a bookkeeper. Chew’s disciplined upbringing and dedication to education laid the foundation for his success.
He attended the prestigious Hwa Chong Institution, where he excelled academically. Following his graduation, he served as a commissioned officer in Singapore’s National Service, a mandatory military program. Chew later pursued higher education at University College London (UCL), earning a Bachelor of Economics degree in 2006. During his time at UCL, Chew’s interest in global markets and technology began to take shape.
In 2010, he achieved another milestone by earning an MBA from Harvard Business School. While at Harvard, Chew interned at a nascent Facebook, giving him early exposure to the tech world.
Early Career in Finance
Goldman Sachs and DST Global
After graduating from UCL, Chew began his career as an investment banker at Goldman Sachs in London, where he worked for two years. This role honed his financial acumen and exposed him to high-level deal-making.
In a pivotal career move, he joined DST Global, a venture capital and private equity firm led by billionaire Yuri Milner. At DST, Chew played a key role in investing in major technology firms, including Alibaba, JD.com, Xiaomi, and ByteDance—the parent company of TikTok. This experience positioned Chew as a significant player in the global tech investment arena.
Leadership at Xiaomi
Driving Global Expansion
In 2015, Chew joined the Chinese electronics giant Xiaomi as its Chief Financial Officer (CFO). During his tenure, he played a critical role in guiding the company through its initial public offering (IPO) on the Hong Kong Stock Exchange in 2018.
The following year, Chew was promoted to International Business President, where he spearheaded Xiaomi’s global expansion efforts. His strategic vision helped Xiaomi solidify its position as one of the world’s leading smartphone manufacturers.
Rise to Prominence with ByteDance and TikTok
Assuming Leadership at TikTok
In March 2021, Shou Zi Chew transitioned to ByteDance as its Chief Financial Officer. Shortly after, he was appointed as the CEO of TikTok, replacing Kevin A. Mayer. His appointment came at a time when TikTok faced mounting scrutiny over data privacy and national security concerns.
Chew quickly became the public face of TikTok, navigating the company through global controversies. TikTok’s links to the Chinese government raised alarms in several countries, leading to its ban in India and threats of similar actions in the United States. Concerns over user data collection, censorship, and content moderation became central to the discourse.
Testimony Before Congress
Defending TikTok Amid Controversy
In 2023, the United States Department of Justice and FBI launched an investigation into ByteDance over allegations of journalist surveillance. As TikTok faced potential legislative bans, Chew testified before the US House Energy and Commerce Committee to address concerns about data privacy and security.
The scrutiny intensified in 2024, leading to another high-profile testimony before the US Senate Judiciary Committee. This time, Chew addressed legislation related to child Internet safety, highlighting TikTok’s efforts to protect younger users.
Through these hearings, Chew maintained a composed demeanor, emphasizing transparency and the steps TikTok had taken to address regulatory concerns. While criticism persisted, his leadership helped TikTok continue its global operations and maintain its vast user base.
Personal Life and Philanthropy
A Family-Oriented Leader
Shou Zi Chew’s personal life reflects his values of commitment and generosity. He met his wife, Vivian Kao, during their time at Harvard Business School. The couple has two children and resides in Singapore.
As dedicated alumni, Chew and Kao contribute as donors and volunteers to their alma mater, supporting educational initiatives and fostering future leaders.
Shou Zi Chew’s story is one of perseverance, adaptability, and visionary leadership. As he continues to shape the future of TikTok and the broader tech industry, his influence will undoubtedly leave a lasting impact on the global stage.