Pang Kang (born 1956) is a Chinese billionaire businessman, and the chairman of 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 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
Pang does not have children.[5]
References
- Forbes profile: Pang Kang Forbes, retrieved 13 January 2021^
- #534 Pang Kang, Bizbilla.com^
- 2014 Forbes Billionaires List: China's Record 152 Members, Businessballa.com, 3 March 2014^
- Ko Tin-yau, Meet the three Chinese sauce kings, Ejinsight.com, 15 October 2018^
- Tom Belger, Billionaires with no kids to leave their fortunes to, Msn.com, 9 December 2018^