Chieh Huang, the CEO of the Internet wholesale company Boxed, recently surprised his employees with a life-changing pledge.
The son of two Taiwanese immigrants, Huang founded the rapidly growing company in his garage only two years ago. Though the company’s success is inspiring, Huang’s recent statement is even more amazing. The thirty-three year old CEO announced that he had made the decision to pay the college tuition for his employee’s children with his own money.
Boxed employs over 100 people, and at the moment twelve kids are eligible for the college money.
In an interview, Huang stated, “I can’t do what I do . . . without people putting in a lot of back-breaking work. And so it’s just my way of thanking them.”
Huang stated that he grew up poor and wouldn’t be where he is today without a good education. He wishes to provide his employees with the opportunity to give their own children the same education he received. “I want to help these folks, you know, because they’re starting on this journey with us.”
Mark Bobko, one of the kids benefitting from the program this year, will begin his studies at Bloomsburg University in Pennsylvania later in the fall. The cost of his tuition for all four years, more than $100,000, will be paid for by Huang’s program.
“I feel extremely lucky. I wouldn’t have never thought in a million years that this would happen to me,” said Bobko. “I really appreciate what Chieh’s doing for my life.”
Bobko added, “It’ll definitely allow me to want to help other people and follow in Chieh’s footsteps.”