Andrew Yang Net Worth: Is He Rich Enough? The next Presidential Candidate is worth only $1 Million

With the greatest level of experience in the business industry, Andrew Yang, a part of the democratic party, is well known as one of the finest American entrepreneurs. His name has gone viral recently after Forbes stated that Andrew Yang Net Worth does not make him nearly as rich as the audience thinks. It is very challenging for an entrepreneur to start afresh from millions to billions each time Forbes shares such personal reports. But, is it true? Has Andrew Yang always been a false tech billionaire? Well, the answer is no. 

Source: Forbes

To begin with, several prominent platforms like Forbes, The Wall Street Journal, and Newsweek have different calculations for Andrew Yang’s Net worth 2020. Recently, Forbes made an estimate of $1 Million. However, The Wall Street Journal remitted Forbes calculation and made an estimate of up to 2.4 Million USD. Recently, Newsweek updated that Andrew Yang 2020 Net Worth is indeed up to $4 Million. None of the high-end news platforms estimated Andrew Yang to be a billionaire to the reader’s surprise. So, who is spreading the “billionaire” rumor? 

Today in this reading, we will talk about one of the most controversial former presidential candidates of the D. Party in the United States of America. In the past few years, this man has inspired potential businessmen and LLB graduate-in-progress to follow their dreams. However, here are the top 10 facts about Andrew Yang and his net worth that everyone is liable to question!

Who is he?

When it comes to Andrew Yang, some people knew him as a “once upon a time’s presidential candidate.” Others follow up on his career as a lawyer. People in business prefer to seek the history of the foundation of Venture of America, which was founded by Mr. Yang in late 2009. But in 2020, Andrew Yang presented a brand-new perspective concerning the United States and how it works? Recently, Yang went viral for offering resolutions in boosting income disparity and the involvement of technologies in the job sector of America. 

Hence, presuming that the voters in favor of Yang in 2020 increases, without a doubt, Andrew Yang Net Worth will vastly increase due to the grasp of higher-level positions in politics. 

Andrew Yang Net Worth: Enough to contribute

On 5th March 2020, Andrew Yang announced the commencement of another nonprofit organization named Humanity Forward. It was after the suspension of his presidential campaign. According to the news reports, Humanity Forward’s vision was to validate UBI and data privacy policies. It indeed sounds good, doesn’t it? However, there are fewer chances of this organization actually to commence in the presidential presence of Donald Trump. Why? You will get to know that later. 

Source: wsj.com

In the Humanity Forward program/organization, Mr. Yang disclosed his idea of contributing up to $500 000 for UBI policy. Not only this but prominent news program CNN also reported that the organization would contribute up to $1 million to lessen the impact of COVID-19 widespread on citizens with low income. Sounds generous enough? Well! It is quite shocking that Andrew Yang’s entire Net worth is only $1 million (Forbes). So, is Yang contributing all his money to the Bronx? Or, is it another stunt against Donald Trump?

The Trump Criticization

Since the time Donald Trump has been selected successfully as the President of the United States, the country has divided into supporters and opposers. After 2020 Andrew Yang’s presidential campaign, it would not be any wrong to assume that he belongs to the category of opposers or, simply, critics. 

Source: Youtube

Even during one of his public speeches, Andrew Yang sarcastically informed the public that his first motive would be to resolve those elected Donald Trump. He further defended his statement by mentioning the Democratic party. How far is that right? Without a doubt, the U.S has freedom of speech. But, can a statement impact Andrew Yang’s net worth? I would say yes. This is why several platforms have several calculations. 

Failure is a part of success

Here’s a fun fact: billionaires hold power, but millionaires like Andrew Yang also have achieved power and success. As mentioned before, people know Mr. Yang for his different occupations. To the reader’s surprise, failure was a simultaneous part of Yang’s career before he found success. According to his educational background, he attended and graduated from law school. He also practiced law for a countable time. However, life had big plans for him. Thus, he moved on to starting up a tech-based business, which unfortunately failed. Later, he co-joined a healthcare software company and ended up becoming the CEO in 2006. Yet again, the company received acquisition. 

Finally, in 2009, Andrew Yang started a nonprofit organization called Venture of America. It was a kick-start for his career as an entrepreneur. As well as, it also gained him prominence as a potential politician. In simple words, it was $1 in Andrew Yang Net Worth of $1 Million. 

Evelyn Yang Net Worth

Well! If you are wondering how much money Andrew Yang’s wife has? The answer is zero, as announced by Mrs. Yang herself. She is indeed a stay-at-home mother and says it with much pride. Thus, consider Andrew Yang’s net worth as a family’s delight.

To talk about Andrew Yang’s family, his better half, i.e.Evelyn Yang was recently in the talk(s) for disclosing scorning reality about her obstetrician and gynecologist in the United States. To begin with, Andrew Yang and Evelyn Yang married in 2011. The couple has two sons. In January 2020, on a public network, Mrs. Yang disclosed that she was sexually harassed and assaulted by her OB-GYN. For the reader’s information, Mrs. Yang is known for her inspirational presidential campaigns as a supporter in favor of women entrepreneurs who face procreative setbacks like sexual assault at work, rape, etc. 

Source: The New York Times

The reason why Evelyn talked about her own case is that she received a letter from a woman. In the letter, the woman revealed her decision to press charges against the person who has been harassing her at work. To the reader’s surprise, it was a “thank you for inspiration letter” as the woman appreciated her campaigns’ content. 

What Ethnicity is Andrew Yang? Yang Family Net Worth combined

To begin with, Andrew Yang is a permanent resident of the United States. However, according to the personal background history of his family, his parents were immigrants from Taiwan. Both moved to the United States to acquire a Ph.D. in Physics in 1960(s), fell in love, and got married. Sounds romantic, right?

To the reader’s surprise, Yang’s father holds a high-end career as an IBM researcher. Apart from this, he comes from an educated family. Indeed, his father’s father was a geologist. Above all, Andrew’s mother had lived in New York for years and worked as a system administrator in a university. Later on, she moved back to Taiwan and achieved a presidential position at Taiwan’s Pastel Association. It is definitely a game-changer!

Epilogue

So, are you ready to support Andrew Yang’s plans of contribution towards America? Or, are you going to question his net worth, which is in the talk(s) for years. Well! No platform has an accurate estimate of his wealth yet. But, the good news is, if Andrew’s Humanity Forward steps successfully, the organization will provide $1k per month to each household with low income or unemployment troubles. 

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Purnima Chauhan

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