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Kang
Michele Kang
Rank #3283
UNITED STATESHealthcareHealthcare IT

Michele Kang

Net Worth
$1.07B
0% (24h)
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.

The Full Dossier

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 Timeline

2024

Launched Kynisca Sports International

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

2023

Owner

Acquired Olympique Lyonnais Féminin and London City Lionesses.

2022

Majority Owner

Became majority owner of Washington Spirit.

2020

Investor in Sports

Joined Washington Spirit investor group.

2008

Founder and CEO

Founded Cognosante, a healthcare IT company.

2000

Vice President

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

Philanthropic Impact

Sports Philanthropy$55M

U.S. Soccer Donation

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

Wealth Trajectory