- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $4.9 Billion
- Birthdate:
- 1953 (72 years old)
- Gender:
- Male
- Profession:
- Justice of the Peace, Accountant, Businessperson, Politician
What is David Sun's Net Worth?
David Sun is a Taiwan-born American engineer who has a net worth of $4.9 billion. David Sun earned his fortune as co-founder of Kingston Technology Company, Inc., the world's leading producer of memory products. In 1987, together with his partner John Tu, they launched the company in a garage. Combining their engineering expertise, the partners designed a revolutionary Single In-Line Memory Module (SIMM) that used readily available through-hole components.
Ten years later, the duo sold 80% of the company to Softbank for $1.5 billion, but three years later, they bought it back for $450 million. Nowadays, the company is the largest producer of memory products in the world, which has around 4,000 employees. Having origin from Taiwan, David Sun has given a bulk of money to schools in Taiwan. He is also a Chairman of the David and Diana Sun Foundation.
