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Pang Kang

From Wikipedia, the free encyclopedia
Pang Kang
Born1956 (age 69–70)[1]
OccupationBusinessman
TitleChairman, Foshan Haitian Flavouring & Food Co
SpouseMarried

Pang Kang (Chinese: 庞康; born 1956) is a Chinese billionaire businessman, and the chairman of Foshan Haitian Flavouring & Food Co.

Biography

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Pang Kang was an executive of the collective Hai Tian Sauce Shop. In 1995, he contributed to the incorporation of the collective as a limited company, and became a shareholder with a $60K initial investment. The company became Foshan Haitian Flavoring & Food and was introduced on the Shanghai Stock Exchange in 2014.[2]

Fortune

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In 2014, his fortune was estimated at US$2.5 billion.[3] In 2018, his fortune grew by 60% to reach $7.2 billion, going from 68th to 35th in the China Rich List.[4]

As of January 2021, Forbes estimated his net worth at $34.3 billion.[1]

Personal life

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Pang does not have children.[5]

References

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  1. 1 2 "Forbes profile: Pang Kang". Forbes. Retrieved 13 January 2021.
  2. ↑ #534 Pang Kang, Bizbilla.com
  3. ↑ 2014 Forbes Billionaires List: China's Record 152 Members[permanent dead link], Businessballa.com, 3 March 2014
  4. ↑ Ko Tin-yau, Meet the three Chinese sauce kings, Ejinsight.com, 15 October 2018
  5. ↑ Tom Belger, Billionaires with no kids to leave their fortunes to Archived 2018-09-13 at the Wayback Machine, Msn.com, 9 December 2018