Fred Chang
Fred Chang (Chinese: 張法俊, born 1956/57) is a Taiwanese-born American entrepreneur. He is the founder, chairman, and CEO of Newegg, an online computer hardware and software store. He debuted on the Forbes’ 2014 global list of billionaires and holds the position of #1741 in its 2015 ranking.
Early life
Chang has a degree from the Chinese Cultural University.
Newegg
Before Newegg, Chang owned ABS Computers, a mail order company selling high end PCs and gaming systems based in Whittier, California. Building on this experience, he founded Newegg in 2001. It has grown into a multibillion-dollar company, becoming the second largest online-only retailer in the United States.
In August 2008, it was announced that Chang would step down as the CEO and chairman of Newegg while still being a member of Board of Directors and Executive Committee. He also retained his position as the President of Newegg’s China operations. He was succeeded by Tally Liu. In 2010, upon the departure of Liu, Chang took up his old role as CEO of the company.
Summary
| Fred Chang | |
|---|---|
| Born | 1956/1957 (age 60–61) Taiwan |
| Nationality | American |
| Alma mater | Chinese Cultural University |
| Known for | founder, chairman, and CEO of Newegg |
| Net worth | US$1.0 billion (April 2017) |
Fred Chang
CEO and Chairman, Newegg.com
REAL TIME NET WORTH — as of 5/16/17
$1 B
Fred Chang, the founder of Newegg, oversees the electronics web retailer, which does $2.6 billion in sales a year. Newegg caters to computer geeks and hardcore gamers, selling PC parts and other accessories. Chang owns an estimated 50% or more of Newegg, which filed for an initial public offering in 2010 but withdrew its plans a year later.
Source:
1. wikipedia
2. forbes