Andrew Cherng

Andrew Cherng

Andrew Cherng (#625)

Global Rank #625
Country Rank #237
Country United States

Andrew Cherng is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 7 B
  • Fast food
  • United States
  • M
  • 79 Years

Snapshot

Quick Facts

Global Rank #625
Country Rank #237
Net Worth $6.5B
Previous Worth $6.5B
Worth Change +$0.0B
Country United States
Industry Fast food
Age 79 Years
Gender M
Worth As Of May 4, 2026
Residence Las Vegas, Nevada
Citizenship United States
World Billionaires List United States Billionaires Fast food

Profile Data

Personal Stats

Age 79
Source Of Wealth Fast food, Self Made
Self Made Score 9
Philanthropy Score 1
Residence Las Vegas, Nevada
Citizenship United States
Marital Status Married
Children 3
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $6.5B
Current Net Worth $6.5B

Worth as of May 4, 2026

About Me

Andrew Cherng cofounded Chinese fast-food chain Panda Express, alongside his wife Peggy Cherng. Born in China, his family moved to Taiwan and Japan before he immigrated to the U.S., where he met Peggy as a freshman at Baker University in Kansas. The couple launched Panda Express in 1983 in a Glendale, California mall. Today the 2,500-location chain stretches from the U.S. to Canada, Mexico, Dubai and South Korea. The Cherngs are co-CEOs. In 2018, the couple invested in a group that bought the Mandarin Oriental hotel, now the Waldorf Astoria, in Las Vegas for $214 million.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Andrew Cherng.

#487
Billionaires (2026)
#187
Forbes 400 (2025)

Insights

Did You Know?

Andrew Cherng has a master's degree in applied mathematics; he first got into the food business with his father, opening a sit-down restaurant in Pasadena in 1973.

Wealth Growth

Net Worth Growth Over Time

Tracking Andrew Cherng's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $6.5B (May 4, 2026)

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