Min Kao’s profile picture

Min Kao

Chairman and CEO, Garmin Corporation
Min Kao’s profile picture
Net worth 2018: $3.34 Billion
Industry: Manufacturing
Residence: Leawood, Kansas
Country: United States
BirthDay: 1949
Children: 2
Education: Bachelor of Arts / Science, National Taiwan University; Doctorate, University of Tennessee Knoxville; Master of Science, University of Tennessee Knoxville
BIOGRAPHY

Min Kao was bornon 1949 in Leawood, Kansas, United States, is Chairman and CEO, Garmin Corporation. Min Kao is #672 in List Billionaires People In The World. Min Kao cofounded GPS maker Garmin with Gary Burrell in 1989, after the duo led development of the first GPS navigator at Allied Signal. Kao stepped down as CEO in 2012 but remains executive chairman and a member of the board. The company has delivered over 173 million products so far. Garmin has brought GPS navigation and wearable technology to the automotive, outdoor, fitness, aviation, and marine markets. Kao came to the U.S. from Taiwan in the 1970s and got a master's and a Ph.D. in engineering at the University of Tennessee.

NET WORTH STATISTIC
2009

$1.8 Billion

2010

$1.5 Billion

2011

$1.8 Billion

2012

$2.2 Billion

2013

$2.3 Billion

2014

$2.9 Billion

2015

$2.2 Billion

2016

$2.7 Billion

2017

$2.9 Billion

2018

$3.34 Billion

TIMELINE
2017

As of August 2017, his personal wealth was estimated at $3 billion

2015

In 2015, Kao donates $1 million to the Kansas State University College of Engineering for building four labs

2011

In 2011, he purchased an apartment in 15 Central Park West, Manhattan, New York City

2007

In May 2007, groundbreaking ceremonies were conducted for the new Min Kao Electrical Engineering and Computer Science Building

1989

In 1989, with Gary Burrell, Kao co-founded Garmin, a company best known for manufacturing Global Positioning System

1949

Kao was born in 1949 in a small town in Taiwan called Zhushan in Nantou

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