Andrew Cherng

Date of Birth: April 6, 1948

Zodiac Sign: Aries

Biography

Andrew Cherng is a Chinese-American businessman and philanthropist, best known as the co-founder and co-CEO of Panda Restaurant Group, which operates the popular Panda Express chain of fast-food restaurants. Born in Yangzhou, Jiangsu, China, Cherng emigrated to the United States to pursue higher education. He earned a bachelor’s degree in mathematics from Baker University in Kansas and a master’s degree in applied mathematics from the University of Missouri. Cherng and his father, Master Chef Ming-Tsai Cherng, opened their first restaurant, Panda Inn, in Pasadena, California, in 1973. The restaurant’s success led to the launch of the first Panda Express in 1983 at the Glendale Galleria in Glendale, California. Under Andrew Cherng’s leadership, Panda Express has grown into one of the largest and most recognized Chinese fast-food chains in the United States. Cherng is known not only for his business acumen but also for his commitment to philanthropy. He and his wife, Peggy Cherng, have donated millions to educational institutions and community programs through the Panda Cares Foundation. Despite the demands of his business, Cherng remains actively involved in various charitable activities and serves as a mentor to aspiring entrepreneurs.

5 Interesting Facts about Andrew Cherng

1. Andrew Cherng co-founded Panda Express with his father, Master Chef Ming-Tsai Cherng, in 1983.

2. He emigrated from China to the United States in 1966 to pursue higher education.

3. Panda Express has over 2,200 locations worldwide as of 2023.

4. Andrew and his wife Peggy Cherng have donated over $50 million to educational and community programs through the Panda Cares Foundation.

5. Cherng holds a master’s degree in applied mathematics from the University of Missouri.

5 Most Interesting Quotes from Andrew Cherng

1. “We believe in bringing people together through food.”

2. “Success is not just about making money; it’s also about making a difference.”

3. “Our goal has always been to serve quality food and provide exceptional service.”

4. “Philanthropy is not just a responsibility; it’s a privilege.”

5. “In business, it’s crucial to stay connected to your roots and values.”

Highest Net Worth Achieved

Andrew Cherng’s highest net worth achieved is approximately $3.4 billion as of 2023.

Children

Andrew Cherng and his wife Peggy have three daughters: Andrea Cherng, Nicole Cherng, and Michelle Cherng. Andrea Cherng is actively involved in the family business, serving as the Chief Marketing Officer of Panda Restaurant Group.