$14.8B
+$157M
(+1.1%)

US
· Age 84
Source of wealth: Computer hardware
Industry: technology
Organization: Kingston Technology Corporation, President
Residence: Rolling Hills, US
{
"bio": [
"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.",
"In 2020, he invested $50 million in Fluxergy, a medical tech startup that developed a rapid diagnostic test for COVID-19."
],
"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."
]
}