Fred Chang

Fred Chang

$1.00 B

Ranked #1940 in World

About Fred Chang

Taiwanese-born American entrepreneur, Fred Chang, founder of the prominent online computer hardware and software retailer Newegg, has made significant strides in the e-commerce industry. With a humble beginning, holding a degree from the Chinese Cultural University and initially owning ABS Computers, Chang launched Newegg in 2001. The company quickly escalated into a multibillion-dollar entity, ranking as the second-largest online-only retailer in the United States. Though he stepped down as CEO in August 2008, Chang continued his influence within the company as a member of the Board of Directors and the Executive Committee, and President of Newegg's China operations. Despite a leadership change in 2008 when Tally Liu took over, Chang resumed his CEO position in 2010 after Liu's departure. In 2019, Anthony Chow succeeded him as CEO. Chang's entrepreneurial journey was recognized when he debuted on Forbes' 2014 global list of billionaires, ranking #1940 in 2017.

Born

October 15, 1956 in Taiwan

Age

69 years

Source Of Wealth

Online Retailing

Industries

Technology

Citizenship

United States

Education

Bachelor of Arts / Science, Chinese Cultural University

Fred Chang, a Taiwanese-born American entrepreneur, was born in Taiwan and holds a degree from the Chinese Cultural University.

Fred Chang: Family

Information about Fred Chang's family is not provided in the given context.

Fred Chang: Career Highlights

Fred Chang is best known as the founder of Newegg, an online computer hardware and software store. Before Newegg, he owned ABS Computers, a mail-order company selling high-end PCs and gaming systems.

Fred Chang: Companies

Fred Chang is associated with the following companies:

  • Newegg
  • ABS Computers

Fred Chang: Major Achievements

Fred Chang's major achievements include:

  • Founding Newegg and growing it into a multibillion-dollar company.
  • Becoming the second-largest online-only retailer in the United States.
  • Debuting on Forbes' 2014 global list of billionaires.

Fred Chang: Awards & Achievements

Information about Fred Chang's awards and achievements is not provided in the given context.

Fred Chang: Personal Life & Legacy

Information about Fred Chang's personal life and legacy is not provided in the given context.

Fred Chang: Trivia

Fred Chang holds the position of #1940 in Forbes' 2017 ranking of billionaires.

Wealth History

Timeline

N/A

Fred Chang, a Taiwanese-born American entrepreneur, was born.

N/A

Chang obtained a degree from the Chinese Cultural University.

N/A

Chang established ABS Computers, a mail order company specializing in high-end PCs and gaming systems.

2001

Chang founded Newegg, an online computer hardware and software store.

N/A

Newegg grew into a multibillion-dollar company, becoming the second-largest online-only retailer in the United States.

August 2008

Chang stepped down as CEO and chairman of Newegg but remained on the Board of Directors and Executive Committee, while retaining his position as President of Newegg's China operations.

2008

Tally Liu succeeded Chang as CEO of Newegg.

2010

Chang resumed his role as CEO of Newegg following Liu's departure.

2014

Chang debuted on Forbes' global list of billionaires.

2017

Chang held the position of #1940 in Forbes' ranking of billionaires.

2019

Anthony Chow became the CEO of Newegg.

Fred Chang : FAQs

What is Fred Chang's net worth?

As of 2017, Fred Chang's net worth was $1.00 billion.

What are Fred Chang's main sources of wealth?

Fred Chang's main source of income comes from Online Retailing.

In which industry does Fred Chang primarily operate?

Fred Chang is primarily involved in the Technology industry.

What is Fred Chang educational background?

Fred Chang holds a Bachelor of Arts / Science from Chinese Cultural University.

How old is Fred Chang?

Fred Chang is 69 years old.

Who is Fred Chang and what is he known for?

Fred Chang is a Taiwanese-born American entrepreneur, best known for founding Newegg, an online store specializing in computer hardware and software. He made his debut on Forbes' 2014 global list of billionaires and was ranked #1940 on Forbes' 2017 list.

What company did Fred Chang found before Newegg, and what does Newegg sell?

Before Newegg, Fred Chang owned ABS Computers, a mail order company that sold high-end PCs and gaming systems. Newegg, which he founded in 2001, specializes in selling computer hardware and software online.

What are some key milestones and leadership changes at Newegg under Fred Chang's influence?

Under Fred Chang's leadership, Newegg became the second-largest online-only retailer in the United States. Chang stepped down as CEO and chairman in 2008 but remained involved as a member of the Board of Directors and Executive Committee. He resumed his role as CEO in 2010 after Tally Liu's departure, until Anthony Chow took over as CEO in 2019.

How has Fred Chang's role evolved at Newegg over the years?

After founding Newegg and leading it into becoming a major online retailer, Fred Chang stepped down as CEO and chairman in 2008 but remained active within the company's executive structures. He also retained his position as President of Newegg's operations in China. Chang resumed the role of CEO in 2010, showcasing his ongoing commitment to Newegg's success.
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