Editing Asian Americans (section)

===Business===
{{Missing information|section|the history of the subject|date=August 2009}}

When Asian Americans were largely excluded from labor markets in the 19th century, they started their own businesses. They have started convenience and grocery stores, professional offices such as medical and law practices, laundries, restaurants, beauty-related ventures, hi-tech companies, and many other kinds of enterprises, becoming very successful and influential in American society. They have dramatically expanded their involvement across the American economy. Asian Americans have been disproportionately successful in the hi-tech sectors of California's Silicon Valley, as evidenced by the [[Goldsea]] 100 Compilation of America's Most Successful Asian Entrepreneurs.<ref>{{cite web | url=http://goldsea.com/Profiles/100/100.html | title=100 Most Successful Asian American Entrepreneurs | access-date=November 3, 2010 | archive-date=November 24, 2010 | archive-url=https://web.archive.org/web/20101124044834/http://goldsea.com/Profiles/100/100.html | url-status=live }}</ref>

Compared to their population base, Asian Americans today are well represented in the professional sector and tend to earn higher wages.<ref name="Broad racial disparities persist">{{cite web |url=https://www.nbcnews.com/id/wbna15704759 |title=Broad racial disparities persist |website=[[NBC News]] |date=November 14, 2006 |access-date=December 18, 2006 |df=mdy |archive-date=March 5, 2013 |archive-url=https://web.archive.org/web/20130305120336/http://www.nbcnews.com/id/15704759/ |url-status=live }}</ref> The Goldsea compilation of Notable Asian American Professionals show that many have come to occupy high positions at leading US corporations, including a disproportionately large number as Chief Marketing Officers.<ref>{{cite web | url=http://goldsea.com/Text/index.php?id=2457 | title=Notable Asian American Professionals | access-date=November 3, 2010 | archive-date=October 20, 2010 | archive-url=https://web.archive.org/web/20101020205700/http://goldsea.com/Text/index.php?id=2457 | url-status=live }}</ref>

Asian Americans have made major contributions to the American economy. In 2012, there were just under 486,000 Asian American-owned businesses in the US, which together employed more than 3.6 million workers, generating $707.6 billion in total receipts and sales, with annual payrolls of $112 billion. In 2015, Asian American and Pacific Islander households had $455.6 billion in spending power (comparable to the annual revenue of [[Walmart]]) and made tax contributions of $184.0 billion.<ref>{{cite news|url=http://research.newamericaneconomy.org/wp-content/uploads/2017/10/NAE-AAPI-v14.pdf|date=October 2017|title=How Asian Americans and Pacific Islanders Contribute to the U.S. Economy|publisher=Partnership for a New American Economy Research Fund|pages=4, 12, 19|access-date=February 15, 2020|archive-date=February 15, 2020|archive-url=https://web.archive.org/web/20200215203744/http://research.newamericaneconomy.org/wp-content/uploads/2017/10/NAE-AAPI-v14.pdf|url-status=live}}</ref>

Fashion designer and mogul [[Vera Wang]], who is famous for designing dresses for high-profile celebrities, started a clothing company, named after herself, which now offers a broad range of luxury fashion products. [[An Wang]] founded [[Wang Laboratories]] in June 1951. [[Amar Bose]] founded the [[Bose Corporation]] in 1964. [[Charles Wang]] founded [[CA, Inc.|Computer Associates]], later became its CEO and chairman. Two brothers, David Khym and Kenny Khym founded [[hip hop fashion]] giant [[Southpole (clothing)|Southpole]] in 1991. [[Jen-Hsun Huang|Jen-Hsun "Jensen" Huang]] co-founded the [[Nvidia]] corporation in 1993. [[Jerry Yang (entrepreneur)|Jerry Yang]] co-founded [[Yahoo!]] Inc. in 1994 and became its CEO later. [[Andrea Jung]] serves as chairman and CEO of [[Avon Products]]. [[Vinod Khosla]] was a founding CEO of [[Sun Microsystems]] and is a general partner of the prominent venture capital firm [[Kleiner Perkins Caufield & Byers]]. [[Steve Chen (YouTube)|Steve Chen]] and [[Jawed Karim]] were co-creators of YouTube, and were beneficiaries of [[Google]]'s $1.65 billion acquisition of that company in 2006. [[Eric Yuan]], founder of [[Zoom Video Communications]], and [[Shahid Khan]], owner of the [[Jacksonville Jaguars]] among others, are both in the US top 100 in terms of net worth, according to [[Forbes]].<ref>{{Cite web|url=https://www.forbes.com/profile/eric-yuan/|title=Eric Yuan & family|website=Forbes}}</ref><ref>{{Cite web|url=https://www.forbes.com/profile/shahid-khan/|title=Shahid Khan|first=Shahid|last=Khan|website=Forbes}}</ref> In addition to contributing greatly to other fields, Asian Americans have made considerable contributions in science and technology in the United States, in such prominent innovative [[R&D]] regions as [[Silicon Valley]] and [[Research Triangle|The Triangle]].