John Tu’s profile picture

John Tu

President, Kingston Technology Corporation
John Tu’s profile picture
Net worth 2018: $6.37 Billion
Industry: Technology
Residence: Rolling Hills, California
Country: United States
BirthDay: 1940
Children: 2
Education: Bachelor of Arts / Science, Technische Universität Darmstadt"
BIOGRAPHY

John Tu was bornon 1940 in Rolling Hills, California, United States, is President, Kingston Technology Corporation. John Tu is #323 in List Billionaires People In The World. Kingstong Technology president, John Tu, helps run the firm, which makes storage and memory products, from a cubicle on sales floor. With longtime partner David Sun, Tu launched a computer memory business out of a garage and sold it to now defunct PC manufacturer AST a few years later. After losing a fortune in the stock market in 1987, the pair started Kingston by capitalizing on the untapped market of surface-mount memory chips. Chinese native who grew up in Taiwan got an engineering degree in Germany and then immigrated to the U. S. in 1971.

NET WORTH STATISTIC
2009

$2.5 Billion

2010

$2.6 Billion

2011

$2.8 Billion

2012

$2.6 Billion

2013

$4 Billion

2014

$4.8 Billion

2015

$4.2 Billion

2016

$5.3 Billion

2017

$5.3 Billion

2018

$6.37 Billion

TIMELINE
1999

5 billion, before buying it back in 1999 for $450 million

1996

In 1996, they sold 80 percent of the company to Softbank for $1

1986

in 1986, they sold it for $6 million and founded Kingston Technology

1982

In 1982, he co-founded Camintonn with David Sun

1940

John Tu (Chinese: 杜紀川; pinyin: Dù Jìchuān; Wade–Giles: Tu Chi-ch'uan; born 1940) is a Chinese-born American entrepreneur and philanthropist

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