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Business, sports and philanthropy: The life and career of Charles B. Wang

Charles Wang, owner of the New York Islanders,

Charles Wang, owner of the New York Islanders, talks about his expansion plans for Mitchel Field, Thursday, October 7, 2004 (Newsday Photo/Karen Wiles Stabile) Credit: Newsday Staff/Karen Wiles Stabile

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 from Nassau County 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.

1999 — Wang founds Smile Train, a charity that has provided more than 1 million free cleft surgeries to children in more than 85 developing countries.

2000 — Wang buys New York Islanders hockey team with Sanjay Kumar; names Kumar as CA chief executive.

2002 — SEC and the U.S. attorney's office in Brooklyn launch investigation of CA accounting practices, including circumstances surrounding stock award.

2002 — The Charles B. Wang Center at Stony Brook University opens. Wang's $52 million gift was, at the time, the largest individual donation in State University of New York history.

2004 — Wang unveils the $3.8 billion Lighthouse Project to redevelop the 77-acre Nassau Coliseum site with a new arena, minor-league baseball stadium, restaurants, retail and a 60-floor tower. Hempstead Town officials called the plan, with 2,306 housing units, too dense for the area.

2004 — Wang buys Kumar's share of the Islanders, making him sole owner.

2010 — Then-Hempstead Town Supervisor Kate Murray announces an alternate zoning plan that cut the density of Wang's proposal by half.

2011 — Nassau County voters reject a referendum on a $400 million taxpayer-funded revitalization plan at the Coliseum site.

2012 — Wang, frustrated by setbacks, announces he will move the Islanders to Brooklyn's new Barclays Center when the team's lease expires at the Coliseum in 2015.

2014 — CA Technologies moves its headquarters from Long Island to Manhattan.

2014 — Wang announces he is selling a minority stake in the team after 16 years of majority ownership. After two years, the deal transfers majority ownership to Scott Malkin and Jon Ledecky with Wang retaining a 15 percent stake in the team.

Oct. 21, 2018 — Wang, 74, dies.

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