Oscar Tang

Oscar Liu-Chien Tang (Chinese: 唐騮千; pinyin: Táng Liúqiān; born 1938) is a Chinese-born American businessman, financier, investor, and philanthropist. He is best known for being the co-founder of Reich & Tang, an asset management firm. Tang was elected a fellow of the American Academy of Arts and Sciences in 2005. Prior to this, he was appointed to the New York State Council on the Arts from 2000 to 2004 and the President's Committee on the Arts and Humanities from 1990 to 1993.

Tang was born in Shanghai, China, and his family fled from the country when the Communist revolution took over in 1949. Tang attended Rectory School (’53) and Phillips Academy in Andover (’56). His future wife, Frances Young, attended Andover's sister school, Abbot Academy (’57), and she went on to Skidmore College (’61). Tang's lifelong dedication to Andover as the largest donor in the school's history and a champion for education was profiled in a 2012 documentary "An Andover Life".

Tang was educated at Yale University, where he was a member of Delta Kappa Epsilon and earned a Bachelor of Science (B.S.) degree. Tang then received an M.B.A degree from Harvard Business School.^{[citation needed]}

Tang began his career at Donaldson, Lufkin & Jenrette (DLJ). He became head of research.

In 1970, Tang co-founded Reich & Tang, an investment management firm, with Joseph Reich, another former head of research at DLJ. Originally covering equity accounts, Reich & Tang entered the money market mutual fund space in 1974 with the creation of the Daily Income Fund. Tang served as president and CEO for over 20 years. The firm merged with The New England Investment Companies in 1993.

Oscar Tang purchased Kampgrounds of America after the 1970s energy crisis battered the fortunes of travel-related companies, calling it "a very attractively priced asset." KOA is now owned by both Tang and his wife Agnes Hsu-Tang.

Tang's maternal grandfather was Wen Bingzhong (Chinese: 温秉忠; 1862–1938), one of the 120 young boys sent by the late Qing imperial court to study in America during the Chinese Education Mission. Tang's grandfather was the first Chinese person to be documented in the Northampton, MA census in 1880. After his return to China, Wen later served as a high-level foreign service official.

Tang's father was Tang Ping-yuan, a Boxer indemnity scholarship student at the Massachusetts Institute of Technology who became one of the early civic and business leaders of post-1949 Hong Kong; he was also a leading philanthropist in education. He was widely respected for his business success and as a civic leader. Tang Ping-yuan received many honors in his lifetime including Justice of the Peace and Order of the British Empire. He died in Hong Kong in 1971. Oscar Tang has talked about his family's roots in American education publicly and attributes his own experience and philanthropy to his family history.