Charles B. Wang, former Islanders Hockey Team owner dies at 74
Charles Wang, a founder of CA Technologies who poured his vast wealth into philanthropic pursuits on Long Island and around the world, and into efforts to keep the Islanders on Long Island, died Sunday. He was 74.
Wang, of Oyster Bay, was surrounded by his family at the time of his death, attorney John McEntee said in a statement. He declined to provide a cause of death.
Wang saw successes and setbacks in the fast-moving computer technology industry of the late 20th century and the financially fraught world of professional sports franchises in the early 21st century. He suffered the frustrations found in Long Island politics and gave back to society by donating millions to child health charities and higher education.
Key dates in the life and career of Charles B. Wang
1944 – Wang is born in Shanghai, China.
1952 – His family flees to the United States and settles in Queens.
1976 – Wang founds Computer Associates International, now known as CA Technologies.
1987 – Wang acquires UCCEL Corp., valued at $800 million.
1991 – Wang moves company to headquarters in Islandia.
1998 – Along with co-founder Russell Artzt and Sanjay Kumar, Wang receives stock award totaling more than $1 billion; the total is later reduced.
1998 – Wang endows the Charles B. Wang International Foundation.