Pang Kang

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

This is a Chinese name; the family name is Pang.
Pang Kang
Born1956 (age 63–64)[1]
NationalityChinese
OccupationBusinessman
Net worthUS$12.8 billion (February 2020)[1]
TitleChairman, Foshan Haitian Flavouring & Food Co

Biography

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

In 2014, his fortune was estimated at US$2.5 billion.[3] In 2015, his fortune was estimated at $4.6 billion.[4] In 2018, his fortune grew by 60% to reach $7.2 billion, going from 68th to 35th in the China Rich List.[5]

As of February 2020, Forbes estimated his net worth at $12.8 billion.[1]

Personal life

Pang does not have children.[6]

References
  1. "Forbes profile: Pang Kang". Forbes. Retrieved 11 February 2020.
  2. #534 Pang Kang, Bizbilla.com
  3. 2014 Forbes Billionaires List: China's Record 152 Members, Businessballa.com, 3 March 2014
  4. Amarendra Bhushan Dhiraj, China Rich List 2015: Top 400 Chinese Billionaires And Billionaire Families, Ceoworld.biz, 21 April 2015
  5. Ko Tin-yau, Meet the three Chinese sauce kings, Ejinsight.com, 15 October 2018
  6. Tom Belger, Billionaires with no kids to leave their fortunes to Archived 2018-09-13 at the Wayback Machine, Msn.com, 9 December 2018


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