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Early Investor and CEO of China Online Job Portal 51job Rick Yan is Worth $1.5 Billion after Stock Surge

Early Investor and CEO of China Online Job Portal 51job Rick Yan is Worth $1.5 Billion after Stock Surge

Early investor and CEO of China online job portal 51job Rick Yan, is worth $1.5 Billion after 51job Inc (Nasdaq: JOBS) stock doubled to more than $7 billion in market value in the last 7 months.  Rick Yan owns 20.8% of 51job Inc, one of China’s largest online recruiting and human resources businesses.

” Early Investor and CEO of China Online Job Portal 51job Rick Yan is Worth $1.5 Billion after Stock Surge “

An early investor and advisor of 51job at inception in 1998, Rick Yan had joined 51job as CEO in April 2000.  Prior to the role, he was with management consulting firm, Bain & Company between 1989 to 2000 and is regarded as an expert in the consumer products and technology sectors.  Born in Hong Kong, Rick received his Bachelor of Engineering degree and Master of Philosophy degree from the University of Hong Kong and Master of Business Administration degree from INSEAD in France.

51job Inc is a leading human resource solutions provider in China, offering a broad array of services in the areas of recruitment solutions, training and assessment, and HR outsourcing and consulting services.  51job.com is the leading recruitment website in China, with the most registered members (over 100 million), the largest resume database (100 million), and the highest peak traffic (over 300 million average daily page views). On average, there are over 5 million job postings online, and approximately 42 million applications are delivered through 51job.com to potential employers every week.  It owns brands including an executive search, YingJieSheng.com (for graduates and students in China) and 51jingying.com (online professional networking).  51job was founded in 1998 by Norman Lui.

 

Source: SCMP, Bloomberg, Insead, 51job

 

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