Hock tan net worth

CEO Today Top 50 - Hock E. Tan

Name: Hock E. Tan

Net worth: Approx. $1.42 billion Executive pay: $162 million

Company: Broadcom Inc

Bio: Tan was born in Penang, Malaysia, in either 1951 or 1952. He was awarded a scholarship to study at the Massachusetts Institute of Technology (MIT) in 1971. Upon completion of his studies, he obtained a bachelor's degree in mechanical engineering in 1975, followed by a master's degree in the same field later that year. Subsequently, Tan pursued further education at Harvard University, where he obtained an MBA a few years later.

He was managing director of Hume Industries in Malaysia from 1983 to 1988 before helming Pacven Investment from 1988 to 1992. He then held financial positions at General Motors Co and PepsiCo Inc before becoming the Vice President of Finance of Commodore International Ltd. Tan went on to become the CEO of Integrated Circuit Systems Inc. When this was sold to Integrated Device Technology Inc, he became the latter company's chairman.

Avago was created following a US$2.66 billion private equity buyout of the

Hock E. Tan

Hock E. Tan is a highly accomplished business executive and CEO known for his leadership in the technology industry. He is currently the President and Chief Executive Officer of Broadcom, a global technology company headquartered in San Jose, California. Tan has been instrumental in driving Broadcom's growth and expansion, leading the company's evolution from Avago Technologies to Broadcom and overseeing its impressive portfolio of divisions and products.

Tan's journey in the technology sector began with his academic pursuits at the Massachusetts Institute of Technology (MIT), where he earned a Bachelor of Science degree and later a Master of Science degree in Mechanical Engineering. He further honed his business acumen at Harvard Business School, where he obtained a Master of Business Administration (MBA).

Throughout his career, Tan has held significant leadership positions at renowned companies in the industry. He served as the President and CEO of Integrated Circuit Systems, Inc., where he played a pivotal role in the company's growth and success. Following the

Hock E. Tan and K. Lisa Yang

The creation of the Yang Tan Collective at MIT was made possible by the vision and generosity of Hock E. Tan ’75 and K. Lisa Yang, whose commitment to improving human health has transformed basic science research at MIT. Since 2017, Tan and Yang have given more than $200 million to create six endowed research centers and multiple fellowship programs at MIT.

“In the best MIT spirit, Lisa and Hock have always focused their generosity on insights that lead to real impact,” says MIT President L. Rafael Reif. “I am deeply grateful to them for making MIT a home of this pivotal research.”

A personal calling

Tan, who is President and CEO of the global technology infrastructure company Broadcom, and Yang, a former Wall Street investment banker with degrees from Columbia and Cornell, made their first gift to MIT in 2017 to establish a center focused on autism research.  The gift reflected personal experiences — they have two children on the autism spectrum — but was also driven to support the study of novel promising therapeutic strategies in a field where f

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