John Tu Founder of Kingston Technologies
John Tu Founder of Kingston Technologies

Biography of John Tu

Early Life

John Tu founder of Kingston Technologies was born in China’s Chungking. He grew up in China and after some time he moved to live in Taiwan. From his early childhood he was very much interested in rock and roll music. But the school where he studied, he lacked in success there. After that he moved to Germany where he lived in his uncle’s house and worked as a cook in his uncle’s Chinese restaurant. He was treated unfair. He was supposed an outsider there with no value. He was working as a slave there. But he got his degree of electrical engineering from Technische Hochschule Darmstadt, Germany.

Business in America

He lived a life of deprivation in Germany.He was dissatisfied with it and he moved out to United States of America. His fortune was set up there. In U.S, he met with David Sun in Southern California. He knew David through another mutual friend. He did a partnership with David and started a small business there. It was the business of personal computers which they started from a garage. It was progressing slowly and gradually. That garage business was ended up on the 19th of October, 1987. At that day, there was a big crash in stock market, that day is called as “Black Monday”. He and David lost their business, each and everything related with it.

Founder of Kingston Technology Corporation

The business they found previously was down because of capital market crush. They sold that for a six million dollar and again founded Kingston Technology in 1986. In 1996 they almost sold that company to Softbank for one and half billion dollars. But they bought it back after three years of 450 million dollars.

Kingston Technology Corporation

It is an American company. It comes in private sector. It was founded by an immigrant of Taiwan, John Tu, with the collaboration of his friend David Sun. It is a multinational company specialized in the products of computer related technology. This company is related with the development, manufacturing and selling of flash memory items and also computer related permanent storage products. It’s headquarter is in Foundation Valley, California, United States.

Today it has over 4,200 employees all over the world. This company is providing services in United Kingdom, Ireland, United States of America, Taiwan, and P.R. China.

Later Years

After the success of his company he turned back to his hobbies. He became the main contributor of a writing foundation called “Freedom Writers Foundation”. He also wrote in magazines by himself. He also donated 1.2 million dollars for giving every medical student of first year at UC Irvine. He donated that amount for providing them an iPad. Moreover, as in childhood he liked rock and roll, to live that dream in reality, he also used to play drums with his own band named “JT and California Dreamin”.

At the end of 2011 he joined the list of the world’s richest persons, and was 400th person. His rank was a little bit improved in the context of U.S, which is 130th. He is having the worth of 2.8 billion USD today.