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Andrew Yang is an American entrepreneur, attorney, and philanthropist, best known for founding Venture for America and for his candidacy in the 2020 U.S. Democratic presidential primaries.
Andrew Yang was born on January 13, 1975, in Schenectady, New York. His parents immigrated from Taiwan in the 1960s and met while attending graduate school. His father worked as a researcher at IBM and was credited with 69 patents over his career. His mother served as the director of a university department. Yang and his brother grew up in an academically focused household, believing strongly in the American Dream and the value of education and hard work.
Yang began his professional journey in law before transitioning into the startup ecosystem, where he found his passion as an entrepreneur. He founded Venture for America, a nonprofit organization aimed at creating economic opportunity by placing recent graduates in startups across struggling American cities.
Motivated by concerns about the future of the U.S. economy, Yang launched his 2020 Democratic presidential campaign. Central to his platform was the impact of automation, artificial intelligence, and other emerging technologies on the U.S. job market. He warned that these innovations had already eliminated over 4 million jobs and could displace millions more in the coming decade.
A signature proposal of Yang's campaign was the "Freedom Dividend"—a universal basic income of $1,000 per month for every American adult over the age of 18. He intended to fund this initiative through the implementation of a Value Added Tax (VAT), ensuring major tech companies like Amazon, Facebook, and Uber contributed fairly to society. Yang contended this policy would help bridge the growing income inequality gap and prepare the country for the widespread labor disruptions caused by automation.
Yang gained national attention during CNN’s July 2019 Democratic Debate, where he delivered a compelling closing statement describing the debates as a form of reality TV that led to Donald Trump's election. His innovative ideas and unorthodox approach resonated with a portion of the electorate, setting him apart from more traditional candidates.
Before his presidential run, Yang was recognized for his work with Venture for America. The organization, which he launched following the acquisition of his previous test prep company, aimed to address economic inequality by boosting entrepreneurship in underserved American cities. Yang’s experience leading this initiative informed much of his campaign rhetoric around job creation and economic revitalization.
During his thirties, Yang led a national education company, which achieved significant prominence before it was acquired. Around this time, he married Evelyn Yang. The couple has two sons, one of whom is autistic. Yang frequently references his wife's role in raising their children, advocating for a broader definition of economic value—one that includes caregiving and other forms of unpaid labor. He has been a vocal critic of economic measures that overlook the contributions of families, particularly women, in the domestic sphere.
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