Min H.  Kao net worth and biography

Min Kao Biography and Net Worth

Chairman of Garmin

Dr. Min H. Kao is a Taiwanese-American billionaire businessman, philanthropist and co-founder of GPS device manufacturer, Garmin. 

Following the development of the first Global Positioning System (GPS) navigator at Allied Signal, Kao and the late Gary Burrell shared a vision to bring GPS technology to consumers. The duo co-founded Garmin in 1989 with Kao engineering the GPS software that formed the foundation of the company’s product line. 

Under his leadership, Garmin became the global leader in satellite navigation by creating products for the outdoor, fitness, mobile, automotive, aviation and marine industries. The company has reached $3.3 billion of sales through Garmin’s vertical integration of the conception, manufacturing, marketing, and sales of their products. 

Kao is the executive chairman and member of the board of the location-based computing company. He stepped down as Garmin’s CEO in 2012. 

Before founding Garmin, Kao worked as a systems analyst at radio navigation and fire control company, Teledyne Systems. He also designed the Kalman filter algorithms for GPS user equipment at Magnavox Advanced Products and led the engineering group at King Radio Corporation.

Heralding from a small Taiwanese town, Kao graduated from the National Taiwan University in 1973 before moving to the U.S. on a student visa to complete his M.S. and Ph.D. in electrical engineering from the University of Tennessee. During this time, Kao was involved in GPS research for NASA and the U.S. Army.

Kao and his wife, Yu-Fan, generously support engineering and science education. In 2005, Kao made the largest private donation in the history of the University of Tennessee of $17.5 million to create the Min H. Kao Department of Electrical Engineering and Computer Science. He’s also supported the electrical and computer engineering programs at the University of Kansas and Kansas State University. 

Kao and his wife spend a majority of their time in New York City. They have two children, Ken and Jen. 

What is Min H. Kao's net worth?

The estimated net worth of Min H. Kao is at least $234.82 million as of October 21st, 2019. Dr. Kao owns 1,644,429 shares of Garmin stock worth more than $234,824,461 as of April 25th. This net worth estimate does not reflect any other investments that Dr. Kao may own. Additionally, Dr. Kao receives an annual salary of $384,430.00 as Chairman at Garmin. Learn More about Min H. Kao's net worth.

How old is Min H. Kao?

Dr. Kao is currently 75 years old. There are 6 older executives and no younger executives at Garmin. Learn More on Min H. Kao's age.

What is Min H. Kao's salary?

As the Chairman of Garmin Ltd., Dr. Kao earns $384,430.00 per year. There are 5 executives that earn more than Dr. Kao. The highest earning executive at Garmin is Mr. Clifton Albert Pemble, President, CEO & Director, who commands a salary of $1,260,000.00 per year. Learn More on Min H. Kao's salary.

How do I contact Min H. Kao?

The corporate mailing address for Dr. Kao and other Garmin executives is MUHLENTALSTRASSE 2, SCHAFFHAUSEN V8, CH-8200. Garmin can also be reached via phone at (152) 630-1600 and via email at [email protected]. Learn More on Min H. Kao's contact information.

Has Min H. Kao been buying or selling shares of Garmin?

Min H. Kao has not been actively trading shares of Garmin during the past quarter. Most recently, Min H. Kao sold 181,375 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $93.23, for a transaction totalling $16,909,591.25. Learn More on Min H. Kao's trading history.

Who are Garmin's active insiders?

Garmin's insider roster includes Sean Biddlecombe (Director), Douglas Boessen (CFO), Jonathan Burrell (Director), Patrick Desbois (EVP), Min Kao (Chairman), Matthew Munn (Director), Clifton Pemble (CEO), and Philip Straub (Director). Learn More on Garmin's active insiders.

Are insiders buying or selling shares of Garmin?

During the last twelve months, insiders at the scientific and technical instruments company sold shares 14 times. They sold a total of 126,875 shares worth more than $17,152,917.24. The most recent insider tranaction occured on March, 15th when Director Jonathan Burrell sold 15,000 shares worth more than $2,192,250.00. Insiders at Garmin own 19.9% of the company. Learn More about insider trades at Garmin.

Information on this page was last updated on 3/15/2024.

Min H. Kao Insider Trading History at Garmin

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/6/2019Sell181,375$93.23$16,909,591.25View SEC Filing Icon  
11/4/2019Sell255,436$94.01$24,013,538.36View SEC Filing Icon  
11/1/2019Sell254,517$94.88$24,148,572.96View SEC Filing Icon  
10/30/2019Sell132,131$94.27$12,455,989.37View SEC Filing Icon  
10/21/2019Sell38,879$87.21$3,390,637.591,644,429View SEC Filing Icon  
10/17/2019Sell85,229$87.32$7,442,196.281,644,429View SEC Filing Icon  
10/11/2019Sell98,347$87.39$8,594,544.331,644,429View SEC Filing Icon  
8/26/2019Sell53,985$79.06$4,268,054.101,779,429View SEC Filing Icon  
8/15/2019Sell241,179$76.81$18,524,958.991,779,429View SEC Filing Icon  
8/13/2019Sell448,427$78.41$35,161,161.071,779,429View SEC Filing Icon  
8/9/2019Sell199,486$78.23$15,605,789.781,779,429View SEC Filing Icon  
8/7/2019Sell414,102$76.51$31,682,944.021,779,429View SEC Filing Icon  
8/5/2019Sell430,636$75.42$32,478,567.121,779,429View SEC Filing Icon  
8/1/2019Sell842,410$78.37$66,019,671.701,779,429View SEC Filing Icon  
7/29/2019Sell209,982$78.68$16,521,383.761,799,429View SEC Filing Icon  
7/26/2019Sell187,844$78.52$14,749,510.881,799,429View SEC Filing Icon  
7/24/2019Sell206,163$79.38$16,365,218.941,799,429View SEC Filing Icon  
7/22/2019Sell166,831$80.81$13,481,613.111,799,429View SEC Filing Icon  
7/19/2019Sell199,860$81.22$16,232,629.201,799,429View SEC Filing Icon  
7/17/2019Sell354,299$81.04$28,712,390.961,799,429View SEC Filing Icon  
7/15/2019Sell416,769$79.51$33,137,303.191,799,429View SEC Filing Icon  
7/12/2019Sell148,948$79.75$11,878,603.001,799,429View SEC Filing Icon  
7/10/2019Sell362,080$79.09$28,636,907.201,799,429View SEC Filing Icon  
7/8/2019Sell86,077$79.47$6,840,539.191,799,429View SEC Filing Icon  
7/5/2019Sell103,767$79.40$8,239,099.801,799,429View SEC Filing Icon  
7/3/2019Sell87,325$80.30$7,012,197.501,799,429View SEC Filing Icon  
7/1/2019Sell196,836$79.53$15,654,367.081,799,429View SEC Filing Icon  
6/28/2019Sell116,124$79.78$9,264,372.721,799,429View SEC Filing Icon  
11/6/2018Sell479,645$64.82$31,090,588.901,799,429View SEC Filing Icon  
11/2/2018Sell678,401$66.13$44,862,658.13View SEC Filing Icon  
10/30/2018Sell200,000$62.41$12,482,000.001,799,429View SEC Filing Icon  
10/22/2018Sell75,000$62.27$4,670,250.001,799,429View SEC Filing Icon  
10/19/2018Sell175,428$62.45$10,955,478.601,799,429View SEC Filing Icon  
10/17/2018Sell250,000$62.89$15,722,500.001,799,429View SEC Filing Icon  
10/15/2018Sell75,000$62.47$4,685,250.001,824,429View SEC Filing Icon  
10/12/2018Sell125,000$62.82$7,852,500.001,824,429View SEC Filing Icon  
10/10/2018Sell125,796$65.38$8,224,542.481,901,429View SEC Filing Icon  
9/28/2018Sell18,316$69.69$1,276,442.041,901,429View SEC Filing Icon  
9/24/2018Sell95,814$69.70$6,678,235.801,901,429View SEC Filing Icon  
8/30/2018Sell9,010$67.92$611,959.201,901,429View SEC Filing Icon  
8/27/2018Sell222,766$64.93$14,464,196.381,901,429View SEC Filing Icon  
8/23/2018Sell295,361$64.95$19,183,696.951,901,429View SEC Filing Icon  
8/21/2018Sell606,873$65.10$39,507,432.301,901,429View SEC Filing Icon  
8/16/2018Sell6,617$64.54$427,061.181,908,046View SEC Filing Icon  
8/14/2018Sell358,798$63.89$22,923,604.222,258,046View SEC Filing Icon  
8/10/2018Sell392,951$64.36$25,290,326.362,597,695View SEC Filing Icon  
8/8/2018Sell200,000$64.27$12,854,000.003,009,795View SEC Filing Icon  
8/6/2018Sell495,515$64.89$32,153,968.353,462,299View SEC Filing Icon  
8/2/2018Sell400,000$64.11$25,644,000.004,081,102View SEC Filing Icon  
7/30/2018Sell100,701$62.17$6,260,581.174,225,203View SEC Filing Icon  
7/27/2018Sell150,000$63.22$9,483,000.004,425,904View SEC Filing Icon  
7/23/2018Sell150,360$64.07$9,633,565.204,608,666View SEC Filing Icon  
7/18/2018Sell111,551$63.94$7,132,570.944,818,208View SEC Filing Icon  
7/16/2018Sell235,881$63.01$14,862,861.814,966,882View SEC Filing Icon  
7/13/2018Sell35,664$63.39$2,260,740.964,966,882View SEC Filing Icon  
7/11/2018Sell370,832$62.48$23,169,583.365,377,290View SEC Filing Icon  
7/9/2018Sell100,000$61.88$6,188,000.005,377,290View SEC Filing Icon  
7/6/2018Sell63,852$61.04$3,897,526.085,527,290View SEC Filing Icon  
7/2/2018Sell70,183$61.04$4,283,970.325,611,325View SEC Filing Icon  
6/28/2018Sell18,316$61.00$1,117,276.005,611,325View SEC Filing Icon  
6/20/2018Sell50,000$61.19$3,059,500.005,680,856View SEC Filing Icon  
6/18/2018Sell50,000$61.08$3,054,000.005,680,856View SEC Filing Icon  
6/11/2018Sell151,218$61.64$9,321,077.525,811,913View SEC Filing Icon  
6/8/2018Sell50,000$61.32$3,066,000.005,811,913View SEC Filing Icon  
6/6/2018Sell150,000$61.30$9,195,000.005,982,074View SEC Filing Icon  
6/4/2018Sell50,000$61.17$3,058,500.005,982,074View SEC Filing Icon  
6/1/2018Sell100,000$61.03$6,103,000.00View SEC Filing Icon  
5/18/2018Sell225,451$59.77$13,475,206.276,232,074View SEC Filing Icon  
5/16/2018Sell301,128$59.25$17,841,834.006,232,074View SEC Filing Icon  
5/11/2018Sell300,000$59.39$17,817,000.006,858,653View SEC Filing Icon  
5/8/2018Sell450,000$59.71$26,869,500.007,158,653View SEC Filing Icon  
5/3/2018Sell695,130$60.74$42,222,196.208,053,783View SEC Filing Icon  
4/30/2018Sell250,000$58.82$14,705,000.008,303,783View SEC Filing Icon  
4/26/2018Sell50,000$58.37$2,918,500.008,303,783View SEC Filing Icon  
4/24/2018Sell100,150$58.35$5,843,752.508,403,783View SEC Filing Icon  
4/18/2018Sell111,457$60.06$6,694,107.428,507,347View SEC Filing Icon  
3/20/2018Sell262,611$60.04$15,767,164.448,760,554View SEC Filing Icon  
3/16/2018Sell150,000$60.05$9,007,500.008,760,554View SEC Filing Icon  
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Min H. Kao Buying and Selling Activity at Garmin

This chart shows Min H Kao's buying and selling at Garmin by year and by quarter.

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Garmin Company Overview

Garmin logo
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide. Its Fitness segment offers running and multi-sport watches; cycling products; smartwatch devices; scales and monitors; and fitness accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms where users can track and analyze their fitness, activities and workouts, and wellness data; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds and satellite communicators, golf devices, consumer automotive devices, and dog devices, as well as InReach and Gramin response communication device. Its Aviation segment designs, manufactures, and markets various aircraft avionics solutions, including integrated flight decks, electronic flight displays and instrumentation, navigation and communication products, automatic flight control systems and safety-enhancing technologies, audio control systems, engine indication systems, traffic awareness and avoidance solutions, ADS-B and transponders, weather information and avoidance solutions, datalink and connectivity solutions, and various services. The company's Marine segment provides chartplotters and multi-function displays, cartography products, fishfinders, sonar products, autopilot systems, radars, compliant instrument displays and sensors, VHF communication radios, handhelds and wearable devices, sailing products, audio products and accessories, digital switching products, and trolling motors. Its Auto segment offers embedded domain controllers and infotainment units; and software, map database, cameras, wearables, and automotive solutions. The company sells its products through independent retailers, dealers, distributors, installation and repair shops, and original equipment manufacturers, as well as online webshop. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland.
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Today's Range

Now: $142.73
Low: $140.46
High: $143.00

50 Day Range

MA: $141.70
Low: $122.14
High: $149.07

2 Week Range

Now: $142.73
Low: $94.89
High: $149.54

Volume

253,978 shs

Average Volume

935,440 shs

Market Capitalization

$27.37 billion

P/E Ratio

21.27

Dividend Yield

2.05%

Beta

0.98