Billionaire Profile
Michele Kang
Global Rank
#2903

Image: Public domain | via Wikimedia Commons

Michele Kang

CEO, Cognosante
US
Real-Time Net Worth
$1.2B
As of December 2025
Age
66
Source
Healthcare IT
Industry
technology
Citizenship
US

Biography

Michele Kang is an American businesswoman, investor, and philanthropist who has significantly impacted the fields of healthcare IT and women's sports. Born in South Korea and educated in the United States, Kang's career includes executive roles at Northrop Grumman and founding Cognosante, a healthcare technology company sold to Accenture in 2024. In 2025, Forbes recognized her as one of America's Richest Self-Made Women. Kang is also a pioneer in women's sports, owning and investing in multiple professional soccer teams, including the Washington Spirit, OL Lyonnes, and London City Lionesses. She has been a board member of the American Red Cross and is involved in various philanthropic activities. In 2024, she launched Kynisca Sports International, a multi-team global organization focused on women's football.

Wealth Over Time

In-Depth Profile

Early Life and Education

Yongmee Michele Kang was born in Seoul, South Korea, on June 1, 1959. She moved to the United States and pursued higher education, earning 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. Kang's upbringing instilled in her a passion for learning and hard work, influencing her to pursue her dreams despite cultural norms.

Career and Achievements

Kang began her career as a management consultant, advising companies on technology-driven innovation. She later held a senior executive position at Northrop Grumman, where she quadrupled the Information Technology Health Solutions division. In 2008, Kang founded Cognosante, a healthcare technology company that provided IT solutions to government agencies. The company was sold to Accenture Federal Services in 2024. Kang's success in business led to her recognition as a leader in the STEM field and as an entrepreneur. She received the Ernst & Young Entrepreneur of The Year award for the Washington, D.C. region and was inducted into the Washington Business Hall of Fame.

Women's Sports and Philanthropy

In 2022, Kang became the majority owner of the Washington Spirit, becoming the first woman of color to own an NWSL team. She expanded her involvement in women's football by acquiring Olympique Lyonnais Féminin in 2023 and London City Lionesses. Kang is the founder of Kynisca Sports International, a multi-team global organization dedicated to advancing women's football. She has also pledged significant financial support to U.S. Soccer and other organizations. In 2025, she was named ESPN’s Sports Philanthropist of the Year.

Career Milestones

2000

VP of e-Business Unit

Appointed as Vice President of the e-Business unit of Northrop Grumman.

2008

Founder and CEO

Founded Cognosante, a healthcare IT company.

2022

Owner, Washington Spirit

Became the majority owner of the Washington Spirit, making her the first woman of color to own an NWSL team.

2023

Owner, Olympique Lyonnais Féminin

Acquired Olympique Lyonnais Féminin.

2023

Owner, London City Lionesses

Acquired the London City Lionesses.

2024

Launched Kynisca Sports International

Founded Kynisca Sports International, a multi-team global organization.

2024

Sold Cognosante

Sold Cognosante to Accenture Federal Services.

2025

President of Olympique Lyonnais

Appointed president of Olympique Lyonnais, and chairperson of the club's owner company, Eagle Football Group

Philanthropy & Social Impact

Sports

U.S. Soccer

$55M

Pledged a total of $55 million to U.S. Soccer to support player development, coaching pathways, and leadership opportunities.

Sports

USA Women's Rugby Sevens Team

$4M

Committed $4 million over four years to support the USA Women's Rugby Sevens team.

Business Philosophy & Leadership

Notable Quotes

"“Women's sports have been undervalued and overlooked for far too long.”"

"“I want the next generation to compete on an equal playing field.”"

"“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.”"

"“When you are successful, I think it is important to bring others along with you.”"

Leadership Principles

Focus on Women's Sports

Dedication to creating a level playing field and promoting women's sports globally.

Innovation and Investment

Investing in data-driven training methods and leading research for female athletes.

Support and Opportunity

Creating opportunities and supporting veterans and the arts.

Controversies & Challenges

2021

Washington Spirit Controversy

Kang's acquisition of the Washington Spirit came after allegations of abuse and mismanagement.