Another successful hokkien

[syed putra]

An $803-billion company most people have never heard of just knocked Tesla out of the Magnificent 7​

BYGeoff Colvin
October 5, 2024 at 4:00 PM GMT+8

[IMG alt="Hock Tan, President and CEO, Broadcom presents at VMware Explore Las Vegas 2024.
BYGeoff Colvin
October 5, 2024 at 4:00 PM GMT+8

[IMG alt="Hock Tan, President and CEO, Broadcom presents at VMware Explore Las Vegas 2024.
"]https://fortune.com/img-assets/wp-c...n_Explore_Gen_Session_1.jpg?w=1440&q=75[/IMG]
Hock Tan, President and CEO, Broadcom presents at VMware Explore Las Vegas 2024.

A critical element of Broadcom’s success and its future is CEO Hock Tan, who was recruited to run the company when Avago was spun off in 2005. Now age 72, he was born in Malaysia and earned engineering degrees from MIT plus an MBA from the Harvard Business School. He has spent most of his career in tech companies, though he also held finance jobs at PepsiCo and General Motors—thus the company’s joint expertise in technology and finance. In recent years, Tan has been among the most highly paid U.S. CEOs; he made $162 million last year. Succession is an obvious issue for the company, but no successor is apparent. Tan has said he’ll continue to run the company for at least four more years.

 

[syed putra]

Founder Effect

This 42-year-old built a $2 billion a year super app called Grab: I worked ’20 hour’ days​

Published Sun, Oct 6 20249:55 PM EDTUpdated 5 Hours Ago

Ernestine Siu@/in/ernestinesiu/@ErnestineSiu
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13:05
The rise of Grab: How I built a super app that brings in over $2 billion a year
Anthony Tan didn’t need to start a business to be rich.
He grew up as the youngest of three sons in one of Malaysia’s wealthiest families. His father, Tan Heng Chew, is the president of Tan Chong Motor, a multinational automobile distributor founded by Tan’s grandfather in the 1950s, that’s publicly listed on the Kuala Lumpur Stock Exchange.