John Tu
#82

John Tu

United States 84 years old Self-Made

Overview

Source of Wealth
Computer hardware
Industry
Technology
Residence
Rolling Hills, California
Organization
President at Kingston Technology Corporation
Education
Technische Universität Darmstadt (Bachelor of Arts/Science)
Marital Status
Married
Children
2

Biography

Kingston Technology CEO John Tu runs 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 to manufacture 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's first jobs in the U.S. included running a one-man gift shop with imported Chinese collectibles and selling commercial real estate.

About

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.