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Billionaire Profile
Michele Kang
Global Rank
#3283

Image: Benh LIEU SONG (Flickr) | CC BY-SA 4.0 | via Wikimedia Commons

Michele Kang

CEO, Healthcare IT
Palm Beach, Florida
Real-Time Net Worth
$1.07B
Estimated based on Healthcare IT stock value as of September 10, 2026
0% (24h)
Age
66
Source
Healthcare IT
Industry
Healthcare
Citizenship
United States

Biography

Michele Kang is an American businesswoman, investor, and philanthropist, born in Seoul, South Korea. She is the founder of Cognosante, a healthcare IT company. Kang is the majority owner of multiple women's soccer teams including the Washington Spirit (NWSL), OL Lyonnes (France), and London City Lionesses (UK). Her net worth is estimated at $1.2 billion (2024). Kang has made significant investments in women's sports and is a leading advocate for gender equality in the industry. She is recognized for her leadership and contributions to philanthropy and entrepreneurship.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.07B
2025$1.20B
2024$1.20B

Portfolio Holdings

Washington Spirit

Washington Spirit

Sports
Washington, D.C.
Founded 2001
London City Lionesses

London City Lionesses

Sports
London, United Kingdom
Founded 2019
Olympique Lyonnais Féminin

Olympique Lyonnais Féminin

Sports
Ownership
52.9%
Lyon, France
Founded 1970

In-Depth Profile

Early Life

Yongmee Michele Kang was born in Seoul, South Korea, on June 1, 1959. She moved to the United States to pursue higher education. She studied at Ewha Womans University before moving to the U.S. and earning a bachelor's degree in economics from the University of Chicago and a Master of Public and Private Management from the Yale School of Management.

Rise to Success

Kang's career began in management consulting. In 2000, she became vice president of the e-Business unit of Northrop Grumman. In 2008, she founded Cognosante, a healthcare IT company, which she sold to Accenture in 2024. Cognosante became a trusted provider of technology solutions for key federal health, military, and intelligence agencies.

Key Business Strategies

Kang's business strategy involved identifying opportunities and challenging the status quo. She focused on leveraging technology to improve healthcare and later, on investing in women's sports to drive its professionalization and cultural impact. She established Kynisca Sports International, a multi-team global organization.

Philanthropy

Michele Kang is deeply committed to philanthropy. Through the Cognosante Foundation and personal donations, she supports veterans and the arts. Kang has served on the boards of the American Red Cross and Washington National Opera. In 2024, she pledged to donate $30 million to U.S. Soccer over five years. In 2025, she invested an additional $25 million to support U.S. Soccer.

Career Milestones

2000

Vice President

Became vice president of the e-Business unit of Northrop Grumman.

2008

Founder and CEO

Founded Cognosante, a healthcare IT company.

2020

Investor in Sports

Joined Washington Spirit investor group.

2022

Majority Owner

Became majority owner of Washington Spirit.

2023

Owner

Acquired Olympique Lyonnais Féminin and London City Lionesses.

2024

Launched Kynisca Sports International

Established Kynisca, a global multi-team organization dedicated to women's football.

Philanthropy & Social Impact

Sports Philanthropy

U.S. Soccer Donation

$55M

Pledged $55 million to U.S. Soccer for the development of women's and girls' soccer.

Business Philosophy & Leadership

Notable Quotes

"I believe in using every tool in my toolbox."

"These donations are 'seed capital' for a movement, inviting fans, sponsors, and other investors to join in building a future where women's sports are fully resourced, celebrated, and respected.”"

Leadership Principles

Innovation

Focusing on innovative approaches to transform healthcare and women's sports.

Equality

Advocating for a level playing field between men and women in sports.

Empowerment

Supporting women in sports by providing necessary resources to reach their full potential.

Billionaires Connected to Michele Kang

Peers in Healthcare

All Healthcare billionaires

Richest in United States

All billionaires from United States

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Michele Kang's net worth in 2026?
As of 2026, Michele Kang's estimated net worth is $1.07 billion, ranking #3283 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Michele Kang make their money?
Michele Kang's wealth primarily comes from Healthcare IT, most notably through Healthcare IT.
Where is Michele Kang from?
Michele Kang is from United States.
How old is Michele Kang?
Michele Kang is 66 years old.

Sources & References

  1. Michele Kang — Forbes profile Forbes