LeaderPortfolio
Zhao
Ivan Zhao
Rank #2381
CANADATechnologySoftware

Ivan Zhao

Net Worth
$1.7B
0% (24h)
Ivan Zhao is a Canadian entrepreneur and software developer, best known as the co-founder and CEO of Notion, a leading productivity and collaboration software company. Born in China and later raised in Canada, Zhao studied cognitive science at the University of British Columbia, where his interest in design, technology, and human behavior began to converge. His career includes roles as a designer and engineer, influencing his vision for a user-friendly tool. Under his leadership, Notion has grown into a $10 billion company, impacting how teams and individuals organize their work. As of 2024, Zhao's net worth is estimated to be $1.7 billion, primarily from his stake in Notion. Zhao's focus is on democratizing computing and empowering users to create their own solutions.

How to read Ivan Zhao's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Ivan Zhao, we anchor the narrative to Software and Software, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.7B alongside global rank #2381, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (CANADA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Ivan Zhao was born in China and later moved to Canada. He studied cognitive science at the University of British Columbia, a multidisciplinary field combining psychology, computer science, linguistics, and philosophy. This academic background nurtured his holistic approach to problem-solving.

Rise to Success

After university, Zhao worked as a designer, but his vision extended beyond aesthetics. He aimed to create a tool that combined beauty and function, empowering people to work and think better. In 2013, Zhao co-founded Notion Labs, Inc., in San Francisco, with Simon Last. The mission was to design a flexible, all-in-one workspace customizable without coding skills. Initially, the first version failed to resonate with users, facing funding scarcity and intense competition. Despite these challenges, Zhao's determination drove him to persevere. Notion's early success involved a close-knit team, with Zhao working on development. Notion's turning point came in 2019 when it hit 1 million users, marking its emergence in the market. From 2019 to 2020 the company saw 400% growth.

Key Business Strategies

Zhao's business philosophy is rooted in simplicity, design, and user empowerment. He focused on creating a product that would be adaptable, minimalistic, and driven by user feedback. Notion adopted a freemium model, which has been key to democratizing access. They are going all in on AI.

Philanthropy

While specific details are unavailable, Zhao is involved with the Reboot Student Fellowship.

Career Timeline

2024

100 Million Users

Notion reached over 100 million users globally.

2021

Unicorn Status

Notion achieved a $10 billion valuation.

2019

1 Million Users

Notion reached 1 million users.

2015

Rebuilt Notion

Zhao and Simon Last rebuilt Notion to solve performance and scalability issues.

2013

Co-founded Notion

Co-founded Notion Labs, Inc., in San Francisco with Simon Last, aiming to create a customizable workspace.

Philanthropic Impact

EducationUndisclosed

Reboot Student Fellowship

Co-directs the Reboot Student Fellowship.

Key Business Ventures & Holdings

CompanyStakeValue
Notion30.00%$1.5M

Net Worth History

In-Depth Analysis

Early Life and Education

Ivan Zhao was born in China and later moved to Canada. He studied cognitive science at the University of British Columbia, a multidisciplinary field combining psychology, computer science, linguistics, and philosophy. This academic background nurtured his holistic approach to problem-solving.

Rise to Success

After university, Zhao worked as a designer, but his vision extended beyond aesthetics. He aimed to create a tool that combined beauty and function, empowering people to work and think better. In 2013, Zhao co-founded Notion Labs, Inc., in San Francisco, with Simon Last. The mission was to design a flexible, all-in-one workspace customizable without coding skills. Initially, the first version failed to resonate with users, facing funding scarcity and intense competition. Despite these challenges, Zhao's determination drove him to persevere. Notion's early success involved a close-knit team, with Zhao working on development. Notion's turning point came in 2019 when it hit 1 million users, marking its emergence in the market. From 2019 to 2020 the company saw 400% growth.

Key Business Strategies

Zhao's business philosophy is rooted in simplicity, design, and user empowerment. He focused on creating a product that would be adaptable, minimalistic, and driven by user feedback. Notion adopted a freemium model, which has been key to democratizing access. They are going all in on AI.

Philanthropy

While specific details are unavailable, Zhao is involved with the Reboot Student Fellowship.

Data Sources & Methodology

Figures for Ivan Zhao are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.