Billionaire Who Rode Zoom’s 1,479% Stock Boom Builds Health Bets

  • Samuel Chen has stakes in biotechs Acepodia, Polaris Group
  • He earned as much as $2.2 billion from selling Zoom shares
Photographer: Tiffany Hagler-Geard/Bloomberg
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Samuel Chen’s early bet on Zoom Video Communications Inc. made him one of the pandemic economy’s big winners. For his latest act, the little-known Taiwanese billionaire is emerging as a major health-care investor.

His Digital Mobile Venture led a $100 million series D fundraising round this week for biotechnology firm Acepodia after previously investing in the US and Taiwan-based company in 2021.