Michele Kang Net Worth 2024: Age, Marriage, Height & Career Info!
As of 2024, Michele Kang’s net worth is estimated to be around $10 million.
Michele Kang, born in June 1959, is a Korean-American businesswoman, philanthropist, investor, and professional sports team owner.
She is the founder and CEO of Cognosante, a medical technology company, and Cognosante Ventures, a venture capital firm. She earned a bachelor’s degree in economics from the University of Chicago.
Kang is also the majority owner of the Washington Spirit, a team in the National Women’s Soccer League, and is in the process of becoming the owner of Olympique Lyonnais Féminin.
Her significant impact on women’s soccer is evident through her ownership of multiple teams, emphasizing her dedication to the growth and recognition of the sport.
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Sources of Wealth and Income Streams
Wealth Overview
As of April 2024, Michele Kang’s net worth is estimated to be around $10 million. This figure reflects her successful career as a businesswoman, investor, and sports team owner.
| Net Worth | $10 million |
Income Streams
- Cognosante: Michele Kang is the founder and CEO of Cognosante, a company specializing in healthcare technology solutions. Cognosante provides services to improve healthcare access, quality, and efficiency. Her leadership in this company is a significant source of her income. Cognosante was acquired by Accenture Federal Services in 2024 to enhance federal health services. Cognosante aims to disrupt and improve the U.S. healthcare system.
- Cognosante Ventures: In addition to Cognosante, Kang also founded Cognosante Ventures, a venture capital firm. This firm invests in innovative healthcare solutions, contributing to her overall wealth.
- Washington Spirit: Kang is the majority owner of the Washington Spirit, a team in the National Women’s Soccer League. Her investment in this team not only supports women’s sports but also adds to her income.
- Olympique Lyonnais Féminin: Michele Kang is in the process of becoming the owner of Olympique Lyonnais Féminin, a prominent women’s soccer team in France. This acquisition is expected to further enhance her financial portfolio.
Michele Kang Biography
| Aspect | Details |
|---|---|
| Name | Michele Kang |
| Occupation | CEO of Macrogen |
| Founded Companies | Cognosante (2008), Cognosante Ventures |
| Estimated Net Worth | $10 million (as of 2024) |
| Growth in Net Worth | Increased from $9.87 million in 2020 |
| Key Contributions | Focus on healthcare technology and sports ownership |
| Federal Contracts Secured | Over $300 million through Cognosante |
| Sale of Cognosante | Sold to Accenture Federal Services in 2024 (amount not disclosed) |
| Investment Focus | Early-stage health IT startups through Cognosante Ventures |
| Sports Involvement | Ownership roles in women’s soccer teams |
Childhood and Upbringing
Michele Kang, born Migyu Kang in 1959, grew up in Hongseong, South Korea. She was the fifth of six children in her family, which meant she faced many challenges while growing up.
Family Background: Kang’s upbringing was tough. She dealt with significant personal issues during her childhood. However, these challenges helped her grow strong and resilient.
Education: Despite the difficulties she faced, Kang focused on her studies. She earned a bachelor‘s degree in English language and literature.
Later, she continued her education and received both a Master’s and a Ph.D. in English Linguistics from Hanyang University in Seoul. Kang’s strong education laid the foundation for her career in business and technology.
Academic Qualifications
Michele Kang has a strong academic foundation that supports her successful career. She earned a bachelor‘s degree in economics from the University of Chicago. This degree provided her with a solid understanding of economic principles and business practices.
She also obtained a Master’s degree in Public and Private Management from the Yale School of Management. This education helped her develop skills in management, leadership, and strategy that are crucial in the business world.
There are some misconceptions about her educational background. Kang does not hold degrees in English Language and Literature or any Ph.D. in English Linguistics or Education. Her qualifications clearly focus on economics and management, as confirmed by multiple sources.
Professional Milestones
Michele Kang has achieved significant milestones throughout her career. She was born in June 1959 in South Korea and later moved to the United States to study. She earned a bachelor’s degree in economics from the University of Chicago.
She also received a master’s degree in public and private management from the Yale School of Management. These educational steps laid a strong foundation for her future success.
In 2008, Michele Kang founded Cognosante. This company specializes in health information technology solutions. Cognosante focuses on helping federal agencies and state health programs improve their operations.
Under her leadership, Cognosante has secured over $300 million in federal contracts. This achievement greatly increased Kang’s financial success.
In 2024, Cognosante was sold to Accenture Federal Services. The amount of the sale remains undisclosed but represents a significant moment in Kang’s career. Alongside Cognosante, Kang also established Cognosante Ventures.
This venture invests in early-stage health IT startups. It demonstrates her commitment to advancing healthcare technology.
Michele Kang’s interest extends beyond healthcare. She is involved with women’s soccer teams, showing her diverse interests. Her work in both healthcare and sports highlights her influence. Her efforts not only impact technology but also contribute to sports development.
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Personal Life, Relationships & Family
Michele Kang’s personal life includes important aspects yet specific details remain scarce. Born in June 1959 in South Korea, she moved to the United States for her education.
Education played a big role in her success; she earned a bachelor’s degree in economics from the University of Chicago and a master’s degree in public and private management from the Yale School of Management.
Regarding relationships and family, not much is known about her current relationship status or spouse. However, Kang has three children. Information about them stays private, reflecting her focus on her career and professional accomplishments.
Age and Stature
Michele Kang was born in June 1959, making her 65 years old as of 2024. Her age reflects her extensive experience and knowledge in the business world, particularly in healthcare technology.
Michele Kang stands at a height of 5.8 feet (or 172.72 centimeters). This height contributes to her confident presence in the boardroom and at public events, emphasizing her role as a leader in her field.
Kang’s age and stature are important aspects of her identity, complementing her accomplishments as a business leader and innovator in the technology and healthcare sectors.
Body Weight and Appearance
Michele Kang’s body weight is not publicly available. However, there are specific details about her appearance that are known.
- Height: Michele Kang stands at 5.8 feet tall, which is approximately 172.72 centimeters.
- Age: Michele Kang was born in June 1959, making her 65 years old as of 2024.
No other detailed information is available regarding her weight or other personal physical attributes.
Social Media Profiles
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Conclusion
Michele’s net worth is a testament to her hard work, dedication, and strategic vision.
Her success in the business world is truly inspiring, and it’s clear that she has made a significant impact in her field.
Whether you’re looking up to her as a role model or just curious about her achievements, Michele Kang’s story is a great reminder that with determination and perseverance, remarkable success is possible.
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Frequently Asked Questions
Who is Michele Kang?
Michele Kang is a prominent business leader and CEO of Macrogen, known for her innovative leadership in genomics and biotechnology. She has successfully established herself as a key player in healthcare technology, reflecting her passion for science and technology.
What is Michele Kang’s net worth?
As of 2024, Michele Kang’s estimated net worth ranges from $10 million to $16.5 million. This financial success stems from her leadership roles and ventures in the healthcare technology sector.
What is Cognosante?
Cognosante, founded by Kang in 2008, focuses on healthcare technology solutions for federal agencies and state health programs. The company has secured over $300 million in federal contracts, significantly contributing to Kang’s wealth.
What was the recent development with Cognosante?
In 2024, Cognosante was sold to Accenture Federal Services, but the sale amount has not been disclosed. This strategic move reflects the company’s growth and impact in healthcare technology.
What are Michele Kang’s educational qualifications?
Michele Kang holds a bachelor’s degree in economics from the University of Chicago and a master’s degree in public and private management from the Yale School of Management. These qualifications have been pivotal in her successful business endeavors.
