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What is David Sun’s Net Worth?
David Sun, the Taiwanese-American entrepreneur and co-founder of Kingston Technology, has an estimated net worth of $11.6 billion. Sun co-founded Kingston Technology with John Tu in 1987. The company, which specializes in memory products and technology solutions, has grown to become a global leader in its field. Kingston Technology’s success has been a primary driver of Sun’s wealth, with the company reporting revenues of $16.1 billion in 2022.
David Sun and his wife, Diana, established the David and Diana Sun Foundation in 2001, which contributes to education and healthcare initiatives, primarily in Taiwan and the United States.
Despite his immense wealth, Sun maintains a relatively low profile. He continues to work as the COO of Kingston Technology, operating from a cubicle on the sales floor, which speaks to his hands-on approach to business.
Here’s the breakdown of David Sun’s net worth:
Name: | David Sun |
Net Worth: | $11.6 Billion |
Date of Birth: | October 12, 1951 |
Profession: | Businessperson |
If you’re curious about how we estimate a celebrity’s net worth, you can check out our methodology here.
Early Life
David Sun was born on October 12, 1951, in Taiwan. He received his early education in his home country, studying electrical engineering at Tatung University.
In 1977, at the age of 26, Sun made a life-changing decision to immigrate to the United States in pursuit of greater opportunities.
Career
Sun’s career in the technology industry began shortly after his arrival in the United States. He initially worked at Alpha Micro Systems, an electronic component manufacturer. It was during this time that he met John Tu, another Chinese immigrant, and the two bonded over their shared love of basketball. This friendship would lead to a highly successful business partnership.
In 1987, Sun and Tu co-founded Kingston Technology, which would become the cornerstone of Sun’s wealth. The company quickly grew to become the world’s largest independent manufacturer of computer memory products. Under Sun’s leadership as COO, Kingston Technology has achieved remarkable success, reporting revenues of $16.1 billion in 2022.
Sun’s business acumen was further demonstrated in 1996 when he and Tu sold 80% of Kingston Technology to Softbank for $1.5 billion, only to buy it back three years later for $450 million.
Personal Life
David Sun is married and has two children, and resides in Irvine, California.
Sun and his wife, Diana, established the David and Diana Sun Foundation in 2001. Through this foundation, they have made significant contributions to education and healthcare initiatives, primarily in Taiwan and the United States.
In 2023, the Sun Family Foundation announced a $50 million gift to Hoag Hospital Presbyterian to help with the expansion of its Irvine campus.
Ashley Roberts is the founder of Real-Time Billionaires List. She founded this platform because she likes to know how much celebrities are actually making. She is always curious why these people can make much more money than the ordinary person.
With a Bachelor’s degree in finance, she is skilled at financial analysis and understands numbers related to wealth. Most of the articles on this site are edited by herself before publishing.
