Fred Chang

About Fred Chang

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

Fred Chang Net Worth

Fred Chang was bornon 1956 in Taiwan, United States, is CEO and Chairman, Newegg.com. 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.
Fred Chang is a member of Technology

💰 Net worth: $1 Billion

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

Some Fred Chang images

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.