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  2. $3 billion
    • According to 2 sources
    Andrew and Peggy Cherng, both 71, are the cofounders and CEOs of Panda Express, the American Chinese restaurant with nearly 2,000 locations worldwide. According to Forbes, the Cherngs have a combined net worth of $3 billion.
    Panda Express co-founders and CEOs Andrew and Peggy Cherng have a combined net worth of more than $3 billion. Over 25 years, they oversaw Panda Express' growth from a single restaurant in a California mall to a 2,000-restaurant worldwide empire. They continue to own and operate virtually every Panda Express restaurant themselves.
     
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    Andrew Cherng - Wikipedia

    Andrew Cherng is a Chinese-born American billionaire restaurateur. He is the founder and chairman of Panda Restaurant Group, based in Rosemead, California. He is the co-founder and chief executive officer (CEO) of Panda Express. The Cherngs invest out of their family office, the Cherng Family Trust. See more

    Overview image

    Cherng was born in April 1948 in Yangzhou, Jiangsu Province, Republic of China on the northern bank of the Yangtze River. His father was Ming-Tsai Cherng, a chef. See more

    In 1972, he moved to the Los Angeles area to help his cousin run a restaurant called Ting Ho. After a few months, he found a restaurant in Pasadena to take over. See more

    In February 2011, the Cherngs donated $2.5 million to support the Collins College of Hospitality Management at California State Polytechnic University, Pomona.
    In March 2017, the California Institute of Technology announced that they were changing the name … See more

    Andrew and Peggy, an engineer who was working for aircraft companies in the Los Angeles area, and who both first met in college, married in 1975. They have three daughters. Two of their daughters, Andrea and Nicole, work for the Panda company in its corporate … See more

    • Since 2010, Cherng has been a member of the Committee of 100, an international, non-profit, non-partisan membership organization that brings a Chinese American perspective to issues concerning Asian Americans and U.S.-China relations. See more

     
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  5. Andrew & Peggy Cherng - Forbes

  6. Peggy Cherng - Wikipedia

  7. Peggy Cherng - Forbes

  8. Andrew Cherng - Forbes

  9. Meet Panda Express Billionaires Andrew and Peggy …

    WEBDec 12, 2019 · Panda Express CEOs Andrew and Peggy Cherng have turned their restaurant into a global empire, and have a combined net worth of $3.3 billion.

  10. Andrew & Peggy Cherng Net Worth | Celebrity Net Worth

    WEBFeb 2, 2024 · Andrew & Peggy Cherng are Chinese-born, American entrepreneurs who have a combined net worth of $3.1 billion. Andrew & Peggy Cherng are the co-CEO's of Panda Express, a fast casual...

  11. Meet the billionaire couple behind Panda Express, who run nearly …

  12. Meet the billionaire couple behind Panda Express, …

    WEBPanda Express co-founders and CEOs Andrew and Peggy Cherng have a combined net worth of more than $3 billion. Over 25 years, they oversaw Panda Express' growth from a single restaurant in a...

  13. Andrew And Peggy Cherng Brought Chinese Fast

    WEBJun 17, 2019 · Fast forward nearly 50 years and the Cherngs are one of the richest self-made couples in America with a net worth of $3.1 billion and the Panda Restaurant Group is the largest Asian fast...

  14. Peggy Cherng's Path to Billions - Just Go Grind

    WEBFeb 18, 2024 · Peggy Cherng, together with her husband, Andrew, founded Panda Express, the largest Asian-segment restaurant chain in the United States. Today, there are around 2,400 locations and the company does …

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