Min Kao Net Worth

The company was founded in 1989 and has sold more than 125 million GPS devices. The company name Garmin is a combination of the co-founders’ names. Garmin also manufactures fitness, outdoor, and aviation products that include GPS capabilities. The company went public in 2000. In 2012 Kao stepped down as the CEO of Garmin but has stayed on as the chairman. Kao donated $17.5 million to the University of Tennessee in 2005 and the Min Kao Electrical Engineering & Computer Science Building was built. Kao currently lives in Leawood, Kansas.