Gary Burrell’s profile picture

Gary Burrell

Chairman Emeritus, Garmin CorporationChairman Emeritus, Garmin Corporation
Gary Burrell’s profile picture
Net worth 2018: $1.9 Billion
Industry: Manufacturing
Country: United States
BirthDay: 1937
Children: 3
Education: Bachelor of Arts / Science, Wichita State University; Master of Science, Rensselaer Polytechnic Institute
BIOGRAPHY

Gary Burrell was bornon 1937 in United States, is Chairman Emeritus, Garmin CorporationChairman Emeritus, Garmin Corporation. In the early 1980s when Gary Burrell was working for aerospace and engineering firm Allied Signal, the engineering world was abuzz with talk of the federal government building a new tracking device using satellite technology. In 1989 after Allied Signal cut its research budget, Burrell and his colleague Min Kao (also a billionaire) left to start Garmin, the first company to manufacture Global Positioning Systems (GPS) navigational devices for the commercial market. Today Garmin manufactures GPS devices for automotive, aviation, marine, health and personal use. The company's moniker is a combination of the founders' first names. Burrell, who stepped down as co-CEO in 2002, is chairman emeritus and the second largest shareholder, with a 14% stake in Garmin.

NET WORTH STATISTIC
2010

$1 Billion

2011

$1.1 Billion

2012

$1.3 Billion

2013

$1.4 Billion

2014

$1.8 Billion

2015

$1.9 Billion

2018

$1.9 Billion

TIMELINE
1989

Along with partner Min Kao, Burrell founded Garmin in 1989 to make navigation devices for aviation and boating using the Global Positioning System

1937

Gary Burrell (born 1937) is an American businessman and philanthropist

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