John Tu

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John Tu
Born1940 (age 77–78)
Chungking, China
ResidenceRolling Hills, California
NationalityAmerican
Alma materB.S. Technische Hochschule Darmstadt
Occupationbusinessman
Known forco-founder of Kingston Technology
Net worthIncrease 5.4 billion USD (March 2017)[1]
Spouse(s)married
Children2

John Tu (Chinese: 杜紀川; pinyin: Dù Jìchuān; Wade–Giles: Tu Chi-ch'uan; born 1940) is a Chinese-born Taiwanese American entrepreneur and philanthropist.[2] He is the co-founder of Kingston Technology.[1][3]

Early life[edit]

John Tu was born in Chongqing, China and grew up in Taiwan.[1][3] He studied electrical engineering at Technische Hochschule Darmstadt in Germany, then moved to California.[1][3]

Career[edit]

In 1982, he co-founded Camintonn with David Sun.[1] in 1986, they sold it for $6 million and founded Kingston Technology.[1] In 1996, they sold 80 percent of the company to Softbank for $1.5 billion, before buying it back in 1999 for $450 million.[1][4]

Philanthropy[edit]

He has supported Erin Gruwell's Freedom Writers and the Freedom Writers Foundation.[5] In 2011, he donated $1.2 million to give every first year medical student at UC Irvine an iPad.[6][1][7]

Personal life[edit]

He is married with two children and plays drums with his band, JT and California Dreamin'.[1]

References[edit]

  1. ^ a b c d e f g h i The World's Billionaires: John Tu March 2017
  2. ^ "The My Hero Project - John Tu".
  3. ^ a b c Rosie Murray-West (19 July 2003). "Business profile: Yin and yang of memory". The Daily Telegraph. Retrieved 22 September 2011.
  4. ^ "The Billionaires Who Make Money Every Time You Buy a Phone". 6 May 2016.
  5. ^ "Kingston Co-Founder Tu Freedom Writers' Benefactor". Archived from the original on 2008-11-01.
  6. ^ "John and Mary Tu Foundation: Los Angeles Grants".
  7. ^ "John Tu".