Zoom Growth Booms With 355% Revenue Gain in Second Quarter

Zoom experienced a significant revenue increase, surpassing expectations with $663 million, a fourfold year-over-year growth. Analysts are impressed, noting it as one of the best results in the software space. Zoom's CEO, Eric Yuan, saw his wealth surge by over $4 billion in just four hours, adding to his already substantial net worth. This growth is attributed to the increased adoption of Zoom's video services, with no signs of slowing down.

What factors contributed to the explosive growth in Zoom's revenue?

What is the significance of the $20 billion mark mentioned in relation to the CEO's fortune?