Fred Chang
Technology

Fred Chang Net Worth

1 month from now

Fred Chang is the CEO and Chairman of Newegg.com, an electronics web retailer that does $2.6 billion in sales a year. Founded by Chang in 1956 in Taiwan, United States, Newegg specializes in selling PC parts and other accessories to computer geeks and hardcore gamers. Chang is estimated to own 50% or more of Newegg, which attempted to go public in 2010 but withdrew its plans a year later.
Fred Chang is a member of Technology

Age, Biography and Wiki

Who is it? CEO and Chairman, Newegg.com
Birth Year 1956
Birth Place Taiwan, United States
Age 67 YEARS OLD
Alma mater Chinese Cultural University
Known for founder, chairman, and CEO of Newegg

💰 Net worth: $1 Billion (2024)

Fred Chang is a prominent figure in the tech industry, known for his role as the CEO and Chairman of the successful e-commerce company, Newegg.com. With his immense contribution to the growth and success of the company, it comes as no surprise that his net worth is estimated to reach a staggering $1 billion by 2024. As an influential business leader, Fred Chang has been able to navigate the ever-evolving world of online retail and establish Newegg.com as a leading player in the United States. His exceptional leadership skills and entrepreneurial spirit have undoubtedly played a crucial role in his remarkable financial accomplishments.

2014 $1 Billion
2015 $1 Billion
2016 $1 Billion
2017 $1 Billion
2018 $1 Billion

Biography/Timeline

2001

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.

2008

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.

Some Fred Chang images

Tags 1950s births American billionaires American people of Taiwanese descent American computer businesspeople American technology chief executives American technology company founders Taiwanese emigrants to the United States Living people American business biography stubs

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.