LeaderPortfolio
Kang
Michele Kang
Rank #3234
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.

How to read Michele Kang's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Michele Kang, we anchor the narrative to Healthcare IT and Healthcare IT, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.07B alongside global rank #3234, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

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.

Key Business Ventures & Holdings

Net Worth History

In-Depth Analysis

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.

Data Sources & Methodology

Figures for Michele Kang are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.