Search results
Results from the WOW.Com Content Network
As the founder of Huy Fong Foods, best known for its Sriracha hot sauce, ... Estimated Net Worth: Less than $900 million (Down from $1.2 billion)
Huy Fong Foods was founded by David Tran (born 1945), an ethnic Chinese businessman and a former Major in the South Vietnamese Army. [7] Tran, after leaving Vietnam in a cargo boat, arrived in Boston in the spring of 1979 as a part of the migration of the Vietnamese boat people following the Vietnam War. [8]
However, the jury also decided that Huy Fong's claim of overpayment was valid, so $1.46 million was deducted from the damages. [29] In June 2022, Huy Fong Foods temporarily halted the production of the chili sauce. This decision was prompted by a severe shortage of chili peppers caused by a drought in Mexico that affected the quality of the ...
As the sole supplier of the juicy red jalapeños for sriracha, Huy Fong Foods’ iconic fiery-red chili-garlic sauce, Underwood’s empire of peppers had spread from a 400-acre family farm in the ...
- AUGUST 22, 2014: CEO David Tran, left, has his picture taken with Maggie Guzman, right, as 300 sriracha fans tour Huy Fong Foods in Irwindale on August 22, 2014. CEO David Tran was on hand to ...
The City of Irwindale offered a low interest loan to Huy Fong Foods in 2010 to locate its sriracha factory in Irwindale. Huy Fong took the loan and contributed $250,000 a year to the city as part of the deal. Huy Fong built a $40-million factory planned to generate about $300 million a year in sales.
Huy Fong Foods, the Irwindale company photographed here in 2015, announced recently that it would halt production of its signature Sriracha sauce until after Labor Day.
World Rank (2023) World Rank (2021) Name Citizenship Residence Net worth ()Source of wealth Company 411: 334: Phạm Nhật Vượng Vietnam Hanoi: 4.5 billion: real estate, retail, automotive, healthcare