Name
John Tu
John Tu
Rolling Hills, California
Bachelor of Arts/Science, Technische Universität Darmstadt
United States
Kingston Technology Corporation
9
computer hardware, Self Made
$4,900,000,000
394
2
#394 Billionaires 2019
#123 Forbes 400 2018
Kingston 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 maker 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.Tu, a Chinese native who grew up in Taiwan, got an engineering degree in Germany and then immigrated to the U.S. in 1971.
Tu met his business partner David Sun, who is 10 years his junior, at a basketball league.The company's name comes from one of John Tu's favorite bands, the Kingston Trio.
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