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Billionaire Index

A daily ranking of the world's richest people

Last updated: November 11, 2026 · $11.70T tracked

Methodology

No. 102United States

John Tu

Computer hardware · Rolling Hills, California

Net worth

$24.5B

Today

$00.00%

Past month

−$9.2B−27.28%

As of Nov 11, 2026, 1:50 PM EST

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, who was born 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.

Net worth over time

−27.28%−$9.2B over the past month
$34B$28B$22B
Oct 12Nov 11

Principal holdings

1 positions
CompanyShareValue

Private holdings

100.0%$24.5B

Also known for

  • 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.