Andrew Yang Net Worth
Andrew Yang net worth: Andrew Yang is an American entrepreneur, philanthropist, author, politician, and lawyer who has a net worth of $600 thousand. He first gained widespread fame in 2019 as Democratic candidate for President of the United States.
Early Life: Andrew Yang was born in Schenectady, New York on January 13, 1975. His parents emigrated to the U.S. from Taiwan in the 1960s. They met while they were both attending graduate school at the University of California, Berkeley. Yang has an older brother, Lawrence. He grew up in Westchester County, New York. As a young boy, his hobbies included playing tennis, the piano, and Dungeons & Dragons. Yang was one of the few Asian kids in his town and he was both bullied and called racial slurs by his public school classmates. He skipped a grade, so he was also one of the smaller kids in his class.
When Yang was 12 years old, he scored 1220 out of 1600 on the SAT, qualifying him to attend Johns Hopkins University's Center for Talented Youth, a summer program for gifted kids. He attended that program for the next five summers. Yang attended the elite boarding school Phillips Exeter Academy in New Hampshire where he was a member of the 1992 U.S. national debate team that competed at the world championships in London. He graduated from Exeter in 1992 and enrolled at Brown University, where he majored in economics and political science. He graduated in 1996 and enrolled at Columbia University, earning his Juris Doctor degree in 1999.
Career: After graduating from law school, Yang started his career as a corporate attorney in New York City. However, he quickly found the work both unfulfilling and grueling. After five months he left the law firm, calling it "the five worst months of my life." In February 2000, Yang co-founded Stargiving, a website for celebrity-focused philanthropic fundraising. The startup had some success but failed in 2002 as the first dot-com bubble burst. Yang got involved in a number of other startups, including a party-organizing business. From 2002 to 2005, he was a vice president for a health care startup.
After a four years in the healthcare industry, Yang joined his friend Zeke Vanderhoek at a small test prep company called Manhattan Prep. In 2006, he took over as CEO of the company. Manhattan Prep focused mostly on the GMAT. The company expanded from five to 69 locations and was acquired by Kaplan, Inc. in December 2009. Yang resigned as the company's president in early 2012.
After Manhattan Prep was acquited by Kaplan, Yang began creating a new nonprofit program called Venture for America (VFA), which he founded in 2011 with the mission "to create economic opportunity in American cities by mobilizing the next generation of entrepreneurs and equipping them with the skills and resources they need to create jobs." VFA's strategy was to recruit the nation's top college graduates into a two-year fellowship program in which they would work for and apprentice at promising startups in developing cities across the United States, rather than be recruited into the same corporate jobs in the same big cities. VFA was launched with $200,000 and trained 40 people in 2012 and 69 in 2013, sending them to Baltimore, Cincinnati, Cleveland, Detroit, Las Vegas, New Orleans, Philadelphia, and Providence. In 2014, VFA has a class of 106 and added the cities Columbus, Miami, San Antonio, and St. Louis
By 2017, VFA had a $6 million annual operating budget and was operating in around 20 cities, adding Atlanta, Birmingham, Charlotte, Denver, Kansas City, Nashville, and Pittsburgh. The company quickly received national attention, including from the Obama Administration. Yang was named a Champion of Change in 2011 and a Presidential Ambassador for Global Entrepreneurship in 2015.
In March 2017, Yang stepped down from his position as CEO of VFA to focus on his presidential campaign.
Andrew Yang wrote the books Smart People Should Build Things: How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America and The War on Normal People: The Truth About America's Disappearing Jobs and Why Universal Basic Income Is Our Future.
Political Career: Yang announced he was running for the Democratic nomination in the 2020 U.S. presidential election in 2017. One of his best-known policies is the Freedom Dividend, which would provide every American over 18 with $1,000 a month in universal basic income. Yang's campaign has largely focused on responding to the rapid development of automation, which is increasingly leading to challenges in the workforce and economic instability.
Yang's campaign is known for its heavy reliance on Internet-based campaigning. The campaign is known for its popularity online, with The New York Times calling Yang "The Internet's Favorite Candidate." His campaign supporters, known informally as the Yang Gang, have brought attention to his campaign on Reddit, Facebook, Instagram, Twitter, and other social media platforms.
He has also become known for his campaign slogans, including "Humanity First," "Not Left, Not Right, Forward," and "Make America Think Harder" ("MATH").
He has been endorsed by a number of people including Elon Musk, Zappos founder Tony Hseih, Donald Glover, Teri Hatcher, Ken Jeong, and Dave Chappelle.
Yang has received campaign donations from Twitter co-founder and CEO Jack Dorsey, actors Nicolas Cage and Noah Centineo, Weezer frontman Rivers Cuomo, and Internet personality Ryan Higa.
Personal Life: Andrew Yang married Evelyn Lu in 2011. They have two sons, one of whom is autistic.
Yang attends attended the Reformed Church of New Paltz. He considers himself spiritual and has said that his journey is still in progress.
In an interview with The Hill, Yang said that his favorite president is Theodore Roosevelt and that he is the godfather of Roosevelt's great-granddaughter.
|Net Worth:||$600 Thousand|