Matt Fong

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Matt Fong
30th Treasurer of California
In office
January 2, 1995 – January 4, 1999
Governor Pete Wilson
Preceded by Kathleen Brown
Succeeded by Phil Angelides
Personal details
Born Matthew Kipling Fong
(1953-11-20)November 20, 1953
Alameda, California, U.S.
Died June 1, 2011(2011-06-01) (aged 57)
Pasadena, California, U.S.
Resting place United States Air Force Academy Cemetery Colorado Springs, Colorado
Political party Republican
Spouse(s) Paula Fong (?-2011, his death)
Children 2
Residence Pasadena, California
Alma mater United States Air Force Academy (BS)
Pepperdine University (MBA)
Southwestern University School of Law (JD)
Military service
Allegiance  United States
Service/branch  United States Air Force
Years of service 1975–1990
Rank Lieutenant Colonel

Matthew Kipling Fong[1][nb 1] (November 20, 1953 – June 1, 2011) was a Republican who served as the 30th California State Treasurer. He was a government appointee, finance industry director, and consultant after retiring from the Air Force Reserve.

Born in Alameda, California, Fong was the adopted son of Democrat March Fong Eu, the 25th California Secretary of State.[2][3] He graduated from Skyline High School earned a Bachelor of Science degree at the United States Air Force Academy (1975), an MBA at Pepperdine University (1982), and a J.D. at the Southwestern University School of Law in Los Angeles (1985).[2][3]

He retired from his Air Force Reserve assignment at The Pentagon, serving as an adviser to the U.S. Secretary of the Air Force on budget and finance[4] with the rank of Lieutenant Colonel in the Air Force Reserve.[2][3]

In 1991, California Governor Pete Wilson appointed Fong to the State Board of Equalization,[2] where he served as its Vice Chairman[5] (1991-94). He left the Board in 1994 when he was elected State Treasurer for a four-year term that began January 1995.[2][3]

In the 1998 U.S. Senate election, he unsuccessfully challenged incumbent California Senator Barbara Boxer,[2][3] despite support from Senate Majority Leader Trent Lott and House Speaker Newt Gingrich.[6]

He was President of the Strategic Advisory Group providing counsel to CEOs and senior executives on strategy and business development. He was Special Counsel to the law firm of Sheppard, Mullin, Richter & Hampton.[2]

Fong held Series 7 and 63 securities licenses and was a principal of Belstar Group, a New York-based asset manager.[4]

Fong was an independent director of TCW Group's complex of mutual funds. He also served on two technology start-up companies' boards of directors — one dealing with earthquake detection devices (Seismic Warning Systems) and the other involved with energy saving devices (American Grid).[4]

U.S. President George W. Bush appointed Fong chairman of the Pension Benefit Guaranty Corporation Advisory Board.[2] Fong also served as a Regent of Pepperdine University[3] and a Trustee of Southwestern University School of Law.[4]

He lived in Pasadena, California with his wife, Paula, with whom he had two children: Matthew II and Jade. Fong died of cancer in his Pasadena home on June 1, 2011. He was buried at the United States Air Force Academy Cemetery in Colorado Springs, Colorado. He is survived by his mother and his wife and children.[2][3]


  1. ^ Chinese: 鄺傑靈; pinyin: Kuàng Jiélíng; Jyutping: Kwong3 Git6 Ling4


  1. ^ California Births, 1905–1995
  2. ^ a b c d e f g h i Richman, Josh (June 1, 2011). "Former state Treasurer Matt Fong dies at 57". Oakland Tribune.
  3. ^ a b c d e f g York, Anthony (June 2, 2011). "Matt Fong dies at 57; former California state treasurer". Los Angeles Times.
  4. ^ a b c d "Earthquake Early Warning from Seismic Warning Systems - About Us - Board of Directors". Seismic Warning Systems. Archived from the original on July 16, 2011. Retrieved June 1, 2011.
  5. ^ "Matthew K. Fong." Notable Asian Americans. Gale Research, 1995. Reproduced in Biography Resource Center. Farmington Hills, Mich.: Gale, 2008. Document Number: K1620000046. Fee. Updated: 30 December 1995. Retrieved 12 December 1995.
  6. ^ Janofsky, Michael (August 14, 1998). "California G.O.P. Senate Nominee Goes From Long Shot to Star". The New York Times. Retrieved 2008-12-12.

Further reading

  • Fong, Matt. "California Crisis a Golden Opportunity for Voters." Sacramento Bee, March 22, 1992.
  • Fong, Matt. "Unfair Taxes Are Hurting State Revenue by Killing Jobs," Sacramento Bee, October 4, 1992.
  • Lin, Sam Chu. "Matt Fong Scopes Asian Pacific American Economic Opportunities." Asian Week, February 4, 1994.

External links

  • Matthew Fong's profile at Sheppard Mullin
Party political offices
Preceded by
Republican nominee for Controller of California
Succeeded by
Tom McClintock
Preceded by
Thomas Hayes
Republican nominee for Treasurer of California
Succeeded by
Curt Pringle
Preceded by
Bruce Herschensohn
Republican nominee for
U.S. Senator from California (Class 3)

Succeeded by
Bill Jones
Political offices
Preceded by
Kathleen Brown
Treasurer of California
January 2, 1995 – January 4, 1999
Succeeded by
Phil Angelides
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