John Tu
Birthname John Tu Birthdate August 12, 1941 Birthplace Chongqing, China Education Darmstadt University Profession Tech Mogul Net worth $6,280,000 Source of Wealth Technology Nationality American Country China Marital Status Married Children 2Quick Links
Chinese-American businessman John Tu has a net worth of $6.28 billion.
Before John Tu established Kingston Technology, he worked for a shipbuilding manufacturing unit in Germany. In 1970, he moved to the United States, opened a present store and become a developer for a real property trade in Scottdale, Arizona.
When he met David Sun in Los Angeles, Tu collaborated with him to shape the reminiscence software maker Camintonn in 1982. Four years later, they bought the corporate to AST Research for $6 million. In 1987, they lost all in their financial savings in the Black Monday inventory marketplace crash earlier than they founded Kingston Technology.
Tu and Sun bought 80 p.c stakes in the closely held company to Softbank for $1.Four billion and distributed $one hundred million of the proceeds to their employees in 1996.
John Tu used to be born on August 12, 1941 in Chongqing, China. He finished his research at Darmstadt University with a degree in electrical engineering.
Earnings & Financial Data
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