How rich is Hock Tan?
The estimated Net Worth of Hock E Tan is at least $221 Million dollars as of 22 December 2020. Mr. Tan owns over 78,125 units of Broadcom Inc stock worth over $199,620,037 and over the last 5 years he sold AVGO stock worth over $19,033,268.
How old is Hock Tan?
About 69 years (1953)
Hock E. Tan/Age
Where is Hock Tan from?
Penang, Malaysia
Hock E. Tan/Place of birth
Is Hock Tan Chinese?
In the case of Tan, it is important to note that he is Malaysian Chinese, which is the single biggest ethnic group in Malaysia after ethnic Malays.
Who owns Avago Technologies Ltd?
Broadcom
The company was acquired in 2015 by Singapore-based Avago Technologies. February 1, 2016 at 4:47 p.m. The chipmaker Avago Technologies has completed its aquisition of Irvine-based Broadcom, a deal that was announced last May. The Singapore-based Avago bought Broadcom for $37 billion in cash and stock.
Why is Broadcom Avgo?
Avago Technologies Limited took the Broadcom part of the Broadcom Corporation name after acquiring it in January 2016. The ticker symbol AVGO that represented old Avago now represents the new merged entity. The Broadcom Corporation ticker symbol BRCM was retired.
Is Hock Tan married?
Lisa Yang
Hock E. Tan/Spouse
Who is Broadcom CEO?
Hock E. Tan (Mar 2006–)
Broadcom Inc/CEO
Is Avago a Chinese company?
Broadcom, however, is Singaporean, not Chinese. In fact, “Broadcom” was once an American company—a California-based semiconductor maker, which Sinapore’s Avago Technology announced it would acquire for $37 billion in 2015.
Who are Broadcom’s biggest customers?
Major customers include Apple, Hewlett-Packard, Motorola, IBM, Dell, Asus, Lenovo, Linksys, Logitech, Nintendo, Nokia, Nortel(Avaya), TiVo, Tenda and Cisco Systems. In September 2011, Broadcom shut down its digital TV operations. Broadcom also shut down its Blu-ray chip business.
What is the breakdown for Broadcom?
In its financial reporting, Broadcom breaks its business into four major segments: wired infrastructure, wireless communications, enterprise storage, and industrial and other.
When did Avago go public?
2009
Avago Technologies went public in 2009, trading on the Nasdaq exchange under the ticker AVGO. In a blockbuster tech deal, Avago acquired Broadcom Corporation for $37 billion in May 2015.
Who is the CEO of Avago Technologies?
Hock Tan also serves as the President and CEO of Avago Technologies Finance Pte. Ltd. Hock Tan has been working in the semiconductor industry for more than 25 years, and he is also widely known as a great cost-cutter.
What is Broadcom CEO Hock Tan’s salary?
As the president and CEO of Broadcom Limited, Hock Tan earns an estimated salary of $24, 692,047, as reported by Bloomberg in 2016. Hock Tan has been the President and Chief Executive Officer of the company since March 2006.
What is Tan Hock Eng full name?
The Full Name Is Tan Hock Eng Tan’s full name is Tan Hock Eng. The name is Chinese, which is why Tan is the family name while Hock Eng is the personal name. Some people might wonder why Tan Hock Eng doesn’t look like a lot of the other Chinese names that they have seen.
What does Tan Hock Eng do for a living?
Tan Hock Eng ( Chinese: 陳福陽; pinyin: Chén Fúyáng; Pe̍h-ōe-jī: Tân Hok-iâng; born 1951/1952 in Penang) is a Malaysian Chinese business executive and philanthropist. He is the CEO of Broadcom Inc. He was the highest earning CEO in the US in 2017, earning US$103.2 million that year.