Fred Chang
Fred Chang | |
|---|---|
| Born | 1957 Taiwan |
| Occupation | Entrepreneur |
| Years active | 2001–present |
| Known for | Founder of Newegg |
Fred Chang (; born 1957)[1] is an entrepreneur of Taiwanese origin who established Newegg, a prominent online retailer specializing in computer hardware and software. He was featured on the Forbes 400 list in 2013 and included in the World's Billionaires rankings in 2014, achieving the position of #1940 in 2017.[1][2]
Education
Chang earned his academic credentials from the Chinese Cultural University.[1]
Career
Before founding Newegg, Chang operated ABS Computers, a mail-order enterprise located in Whittier, California that specialized in high-performance PCs and gaming rigs. Drawing on this background, he launched Newegg in 2001, which has since expanded into a multibillion-dollar business and ranks as the second-largest exclusively online retailer within the United States.[3]
In August 2008, Chang resigned from his roles as CEO and chairman at Newegg but maintained involvement as a member of the Board of Directors and Executive Committee, while also continuing to serve as President of Newegg's operations in China. His successor was Tally Liu.[4] Following Liu’s exit in 2010, Chang reassumed the CEO position until 2019.[5][4]
By 2013, Chang was recognized among the top 400 wealthiest individuals in America on the Forbes 400 list.Cite error: The opening <ref> tag is malformed or has a bad name He is believed to hold a controlling ownership interest amounting to at least 50% of Newegg.[1]
References
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