Masoud Shojaee is a prominent Iranian-American entrepreneur and the founder of two successful tech companies, such as Movaz Networks and Zoho Corporation. Shojaee’s business acumen and innovative approach to technology have made him a respected figure in the global business community.
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Early Life and Education
Masoud Shojaee was born on September 24, 1966, in Tehran, Iran. He grew up in a middle-class family and attended high school in Iran. After completing high school, he moved to the United States to attend college. Shojaee received his bachelor’s degree in electrical engineering from San Francisco State University.
Career
After completing his education, Masoud Shojaee began his career in the technology industry. He co-founded Movaz Networks in 2000, a company that produced optical networking equipment for telecommunications providers. Until ADVA Optical Networking acquired Movaz Networks in 2006, Shojaee served as its CEO.
Following the acquisition, Shojaee founded Zoho Corporation, a company that produces cloud-based software for businesses. Under Shojaee’s leadership, Zoho Corporation has grown into a multinational corporation with over 9,000 employees and a presence in more than 180 countries.
Zoho Corporation
Zoho Corporation is a cloud-based software company that provides a wide range of applications and services to businesses. The company was founded in 1996 as AdventNet, Inc. and was later rebranded as Zoho Corporation in 2009.
Zoho Corporation’s products include customer relationship management (CRM) software, human resources management (HRM) software, accounting software, and project management software, among others. The company has over 60 million users worldwide and the global business community has recognized it for its innovation and commitment to customer satisfaction. (Active voice)
Net Worth
Masoud Shojaee’s net worth is estimated to be around $1.6 billion as of 2023. His wealth comes from his ownership of Zoho Corporation, which has an estimated valuation of $20 billion. Shojaee has also made significant investments in real estate, particularly in the San Francisco Bay Area, where he owns several commercial properties.
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Personal Life
Masoud Shojaee is a private person and does not share much about his personal life with the public. Shojaee, who is married and has two children, is known to be a philanthropist and has donated to several causes over the years.
Legacy
Masoud Shojaee’s contributions to the technology industry and entrepreneurship have made him a respected figure in the business world. His success with both Movaz Networks and Zoho Corporation has inspired many entrepreneurs to pursue their dreams of starting their own businesses.
Shojaee’s commitment to innovation and customer satisfaction has also set a high standard for companies in the tech industry.
FAQs:
Q: What is Masoud Shojaee’s net worth?
A: He net worth is estimated to be around $1.6 billion as of 2023.
Q: What companies did Masoud Shojaee found?
A: He founded Movaz Networks and Zoho Corporation.
Q: What is Zoho Corporation?
A: Zoho Corporation is a cloud-based software company that provides a wide range of applications and services to businesses.
Q: What is Masoud Shojaee’s educational background?
A: Masoud Shojaee received his bachelor’s degree in electrical engineering from San Francisco State University.
Conclusion:
Masoud Shojaee is a successful Iranian-American entrepreneur who has made significant contributions to the technology industry. His innovative approach to business and commitment to customer satisfaction have earned him a reputation as a respected figure in the global business community.
Through his leadership of Movaz Networks and Zoho Corporation, Shojaee has set a high standard for companies in the tech industry. With a net worth of $1.6 billion, he has also become one of the wealthiest people in the world. Masoud Shojaee’s story is a testament to the power of hard work, innovation, and perseverance in achieving success.