Hoang Kieu Biography & Net Worth

Hoang Kieu Biography & Net Worth

Hoang Kieu is an American businessman and entrepreneur who was born and raised in Bich Khe village, Trieu Phong district, Quang Tri region in central Vietnam. In his quest to find greener pastures, Kieu left the country of his origin and moved to the United States in 1975. After several years of struggling to find his bearings in a foreign nation, the determined young man found his feet and has now established himself in various businesses, exceeding expectations.

Kieu is known as the president of Shanghai Rare Antibody Antigen Supply Inc. Blood Products Company. The said business venture is one that specializes in the research, production, and sales of plasma-derived medical products. Through his 100 percent stake in the Shanghai Rare Antibody Antigen Supply Inc. Blood Products Company, Kieu owns a total of 183.6 million shares and currently controls the pharmaceutical company. Read on for further details regarding Hoang Kieu’s bio, businesses, finances, achievements, and other business-related stuff that has to do with the American businessman.

Early Life: Childhood, Education

The Vietnamese-born American billionaire, Hoang Kieu, was born extremely poor in Vietnam and immigrated to the United States along with his family in 1975 when the last of the American troops were moving out of the country.

He found his way through various jobs after receiving his education, and successfully started his professional career.

Professional Life: Business Career

As already mentioned, Hoang Kieu is currently the president of Shanghai Rare Antibody Antigen Supply Inc. Blood Products Company. The said business venture is one that specializes in the research, production, and sales of plasma-derived medical products. He owned 37% of the company in 2013, which is trading on the Shenzhen Stock Exchange.

Kieu was born and raised in Vietnam, but joined the last of the American troops that moved out of the country in 1975. He found his way around and landed a job at Abbott Reference Laboratories. After a short time of showing what he was capable of, he was appointed a director of the company’s blood plasma testing division.

In 1980, he founded his own company which he called Rare Antibody Antigen Supply and soon began to acquire plasma centers in the United States.

A partnership with the Shanghai Blood Center in China in 1987 led him to establish the Shanghai Rare Antibody Antigen Supply Inc. Blood Products Company in 1988.

His company primarily deals with the research, production, and sales of plasma-derived medical products. Through his 100 percent stake in the Shanghai Rare Antibody Antigen Supply Inc. Blood Products Company, Mr. Kieu maintains ownership of 183.6 million shares and currently controls the pharmaceutical company.

Achievements: Awards & Honors

It is quite remarkable how much this man has accomplished within a couple of years. Despite having the disadvantage of being born into a poor Vietnamese family, luck shined on Kieu after a move to the United States where he discovered his potentials and has now succeeded in controlling one of the largest and most respected blood plasma testing and producing companies in the United States. His success in the pharmaceutical industry is enough accomplishment for Mr. Kieu who is not just satisfied, but also proud of all the works of his hands.

Personal Life: Family, Philanthropy

Hoang Kieu’s primary residence is in Los Angeles, California. He lives there with his family and close relatives.

In March 2017, Kieu donated $5 million to provide aid to the victims of a devastating flood in San Jose, California. He was initially planning to support the cause with just $2 million but increased his gift after finding out more about the destruction experienced. It is the largest private donation that has ever been made to the people of San Jose.

Kieu is very active in philanthropy through his own charity organization, the “Friends of Hue Foundation”. His organization does a lot of charity work with the Vietnamese community because he himself is a Vietnamese refugee.

Hoang Kieu Net Worth: Salary, Income Sources, Earnings, Assets

The Vietnam-born American businessman debuted on Forbes Billionaires List in 2014 with a net worth of $3.8 billion. In 2015, Forbes estimated his fortunes at the sum of $3 billion.

However, Mr. Hoang Kieu’s net worth is pegged at $2.8 billion as of this moment. He is currently the vice-chairman of Shanghai Rare Antibody Antigen Supply Inc. Blood Products Company, a pharmaceutical company that is listed on the Shenzhen stock exchange. Before starting his own company, Kieu spent a short time working for Abbott and gaining useful experience. His business interests include real estate, hotels, and wine. His winery, called the Kieu Hoang Winery, is located in Napa Valley, California, United States.

Kieu’s story is truly inspiring to all that are trying to succeed in life. From a disadvantaged Vietnamese refugee to one of the most popular names in the American pharmaceutical scene, this man has come a long way and totally deserves all the love, attention, and wealth that he currently enjoys.