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Jeffrey Kang
Chinese billionaire entrepreneur From Wikipedia, the free encyclopedia
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Jeffrey Kang, or Kang Jingwei (Chinese: 康敬伟, born February 6, 1970), is a Chinese billionaire entrepreneur. He is the founder and CEO of the Shenzhen-based Cogobuy Group,[2] the largest corporate procurement e-commerce platform for IC components in China with worldwide sales and distribution.[3]
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Early and personal life
Kang was born in Chongqing on 6 February 1970. He has two children with his wife Nan Ji and resides with his family in Overseas Chinese Town (OCT), Shenzhen, Guangdong.[4]
In July 1991 Kang received a Bachelor of Science degree in Electrical Engineering from South China University of Technology in Guangzhou, Guangdong.[5]
In 2006, Kang was ranked among the richest people in China by Forbes, with a net worth of CN¥17 billion.[6] In 2015, he joined the ranks of The World's Billionaires defined in USD terms by Forbes at age 45.[7] Kang's total calculated executive compensation listed in his firm's annual accounts for 2014 was CN¥2,933,000 (c. US$500,000).[8]
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Business career
Kang started his career in China's telecommunications sector as a sales engineer in charge of the components business for Matsushita Electric Industrial now known as Panasonic from 1992 to 1995.[9] In 1995 he invested US$50,000 to start his own company called the Comtech Group,[10] to act as a distribution channel for the sale of electronic components in China.[11] In 2002, the Comtech Group went public and was listed on the New York Stock Exchange (NASDAQ) as Viewtran (ticker: VIEW).[12] In 2011, he established the first online platform for selling IC components in China, Cogobuy, which went public on the Hong Kong Stock Exchange in July 2014 with an annual turnover of CN¥84 billion in 2014.[13]
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Honors and awards
- 2015: Ernst & Young Entrepreneur Of The Year Award, China[14]
References
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