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David Tran Net Worth (2024):
Lifestyle | Bio | Facts [UPDATED]

David Tran Net Worth FI


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Do you like your sauce hot? 

Then you gotta thank David Tran! 

He’s only the founder of Huy Fong Foods, the company that manufactures the most popular hot sauce in the face of California!

Possibly even the world…

And his net worth is now at $80 million!

It’s just hot sauce, yes, but David Tran net worth is not surprising if you get into detail about:

  • how humble his hot sauce’s beginnings were before becoming an LA staple;
  • what his company, Huy Fong Foods, does now;
  • where the company name came from – cute story, by the way
  • The fun little facts about his business; and…
  • …so much more!

David Tran and his company’s story is an inspiration. 

We are particularly excited to tell you all about his journey from being a war refugee to becoming an American business tycoon.

So bottle up.

Things are about to get hot…

Who Is David Tran?

David Tran is a former Vietnamese refugee who came to America in 1978, hoping to start a new life. 

He only wanted to escape the war.

He was a Major for the Army of the Republic of South Vietnam. After his service, he jumped onto a Taiwanese freighter with his family to come to the US…

…without an idea that he was going to be an inspiration to many.

Starting by distributing his original Asian hot sauce around Chinatown via his bicycle, David Tran, later on, founded Huy Fong Foods. 

Who is David Tran

It is now the leading brand of hot chili sauce in California!

David Tran told the Los Angeles Times that his goal has never been to be this rich. All he wanted was to make the hot sauce because he loved it.

He said that he put hot chili sauce on everything he eats. So his dream was to see everyone do so, too, with his original recipe.

“Make a rich man’s sauce at a poor man’s price.”

That was Huy Fong Foods’ company motto. It speaks of how David Tran wanted to prove that quality sauce didn’t have to be expensive.

He succeeded in his business, showing everyone that hard work coupled with your interest and passion pays a lot.

Where his company’s at now is a thing for later.

Let’s flip the page to when it all began.

When David Tran dipped his hands into a bucket of jalapenos, the only thing he wanted was to provide for his family. Since making his hot chili sauce was good, he chose to walk down that road.

When he was selling in Vietnam, he packaged the sauces in recycled baby food bottles. 

Then he rode his bike all around Chinatown to sell them to restaurants in cheap plastic bottles.

He received a lot of business advice…

But he just kept doing what he knew was best for his product and the market for it.

He didn’t turn it into ketchup, nor took the spice a notch lower. 

He even turned down partnership proposals.

He said that, to him, his company was a loved one that he didn’t want to share.

It wasn’t selfishness, though – it was mere simplicity. Tran never envisioned being a business tycoon when he only wanted to sell his sauce.

Later on, he was selling to Asian restaurants in non-Asian streets.

Sriracha Sauce became his bestseller. 

It was the one that first hit the market outside of Chinatown.

Soon enough, he dropped the baby food bottles for an actual packaging.

David Tran designed his brand’s logo himself. 

When he could finally buy a van for his deliveries, he painted the logo on it by hand.

Sriracha Sauce is also known to patrons as Rooster Sauce because of the image of a rooster in its logo.

David Tran Net Worth: $75 Millions
Profession: Businessman
Date of Birth: David Tran is 79 years old.
Gender: Female
Eye Colour: Black
Zodiac Sign: (Chinese) Rooster
No. of Children: 2
Favorite Food: Hot chili sauce
Tattoos: No
Last Updated: 2024
Nationality: American-Chinese-Vietnamese
Relationship Status: Married
Place Of Birth: Soc Trang, Vietnam
Profession: Actor, Host
Religion: Christian
Current Occupation: Founder of Huy Fong Foods
Language: English, Mandarin, Vietnamese
Smoking/ Drinking: Alcohal

How Much Is David Tran Worth?

David Tran, an Asian businessman and maker of Sriracha Sauce has a net worth of $80 million!

David Tran Net Worth Year By Year

YearEarnings $
2017$60 Million
2018$75 Million
2019$80 million
2020$80 million

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Sriracha

A documentary film about Sriracha a. k. a. Rooster sauce and the man behind its genius.

Sriracha Sauce

David Tran founded Huy Fong Foods in 1980. Its first product was the now well-loved Sriracha Sauce. 

Once it gained popularity, Tran expanded its product line with two varieties – Chili Garlic and Sambal Oelek.

The Sriracha Sauce is the original blend of sun-dried jalapeno puree. The Chili Garlic variety is flavored with garlic, while Sambal Oelek is simply pure chili, no flavors added.

Yup. Just those three.

Eventually, the business grew, with David Tran net worth growing alongside it.

The company’s HQ moved a lot for a time.

The hot chili sauces were first manufactured in a 5000-square foot building in Chinatown, Los Angeles. 

Then in 1987, the company moved to Rosemead, California, in a 68,000-square foot building that used to be a pharmaceutical facility.

And in 2010, Huy Fong Foods finally settled in a 650,000-square foot facility in Irwindale, California.

The company has 1,700-acre red jalapeno farmland stretched out across Ventura and Kern County, California.

The factory produces 2,000 pounds of hot sauce every hour!

Pretty hot, isn’t it?

Because of its popularity, David Tran never promoted his product through commercials and advertisements. Not even social media!

He relied on word-of-mouth, and it was more than successful.

Oh, and by the way…

The Taiwanese freighter that David Tran and his family sailed in to get to the US was named Huey Fong. And that’s where he got his company’s brand!

The Young David Tran

David Tran Net Worth

David Tran was born in 1945 in Soc Trang, Vietnam, to a middle-class family. He then grew up in Saigon.

When the Vietnam War started, Tran served as a Major in the army. 

At that time, he also worked in the kitchen, and there, he was able to practice making his hot chili sauce recipe.

After the war, his wife brought home a bottle of hot sauce that a friend made, and David figured that he could make something better – So he did, and it was the beginning of his empire.

They came to the US in 1980…

And the rest is history.

David Tran Family & Relationships

Despite being widely known in the business world, David Tran managed to keep his personal life private.

It makes people speculate, “Is David Tran gay?”

I mean, come on, guys. Leave the sweet old man alone!

We do know that he’s not. 

In fact…

…David Tran is married. Only, his wife’s name is not publicized. We just have to make do with what he is proud to tell the people about… his two children.

David Tran Son – William Tran

David Tran Son

William Tran is David Tran’s firstborn. He is currently the president of Huy Fong Foods.

David Tran Daughter – Yassie Tran-Holliday

David Tran Daughter

Yassie Tran-Holliday, David Tran’s second child, works as the company’s vice president.

Yes, we know he’s the hot sauce king of California. And we now know a lot about his empire.

But did you know the fun little facts about him?

We have it for you here! But before that…

Check out how much revenue Huy Fong Foods earned by year that eventually led David Tran net worth to $80 million.

And because we love you – we’ll also talk about the major bump along David Tran’s road to greatness.

David Tran Career Earnings By Year

YearEarnings $
2012$60 Million
2013$72 Million
2014$86.4 Million
2015$103 Million
2016$124 Million
2017$149 Million
2018$179 Million
2019$215 Million
2020$258 Million
Total$1,246,000

David Tran Scandals & Controversies

In 2013, the City of Irwindale filed a lawsuit against Huy Fong Foods because of the odors that come from the factory.

The company was accused of crazy stuff like chemical production and whatnots.

Maybe the sauce was hotter than Cali, and she knows it?

In November of the same year, the Court ordered the company to stop production and all its activities.

But only six months later…

Huy Fong operations restarted after Governor Jerry Brown’s office had the charges dropped. 

It led to major speculations, but…

Maybe he just really loved his sauce hot?

How David Tran Spends His Money

David Tran is a very private man, and so is his whole family. 

So instead of lurking around the corner of their street just to get a glimpse of their humble abode that David is adamant not to show, let’s just indulge ourselves with his empire HQ.

Huy Fong Foods Headquarters

Huy Fong Foods Headquarters

The factory is located in Irwindale, California. It’s in a 650,000-square foot lot, separated from the 1,700-acre jalapeno farmland.

Ever wonder what office decor a hot sauce company has?

We’ll reveal it to you, along with other fun facts about David Tran.

Fun Facts About David Tran

  • The rooster on the Sriracha sauce logo is based on David Tran’s Chinese zodiac.
  • Huy Fong Foods was incorporated only a month after his arrival to the US. In the first weeks of marketing his hot sauce, he was already earning $1000 in revenue. And that was quite a lot in 1980!
  • After allegations against his company about the odors that emanate from his factory, David Tran hung a sign at their HQ’s front door that read “NO TEAR GAS MADE HERE”. Just in case it wasn’t clear enough to the neighborhood.
  • Because people are people, Sriracha Sauce now has copycats. The company warned their patrons against counterfeit Rooster sauce – that, for sure, isn’t as good as the original.
  • A customer sent a picture to David Tran of a Sriracha Sauce bottle floating behind the International Space Station astronauts! He had the photo zoomed in, printed, then hung it on different corners of their HQ. Tran said it was one of his proudest moments – and well-deserved too!

5 David Tran Financial Freedom Lessons

  1. Recipe for success – passion plus hard work plus keeping it simple. Just look at David Tran. Same hot sauce since 1980, fantastic net worth decades later!
  2. Education is essential, but just because you didn’t have the best one doesn’t mean you won’t succeed in life.
  3. Raise your kids to take over your empire when they can! Who better to trust than your kin? And what better way to live for than in your father’s legacy?
  4. You can make your own from-nothing-to-everything Cinderella story!
  5. David Tran net worth has never been his inspiration. It was providing for the family that drove him to success and that was enough for him. Once you find your passion and work hard for it, you will find that money is just a by-product.

Quotes From David Tran

  • “This company is like a loved one to me. Why would I want to share it with someone else?”

 

  • “I make my product for my fans, and when they don’t like it anymore, I don’t make it.”

 

  • “Hot sauce must be hot. If you don’t like it hot, use less!”

Frequently Asked Questions (FAQs)

What does Huy Fong Foods make?

Their main product is Sriracha Hot Chili Sauce. They also have Chili Garlic and Sambal Oelek, pure chili, with no additional flavor variety.

Does Huy Fong chili sauce need to be refrigerated?

The company claims that its products do not need to be refrigerated even after opening.

Is David Tran gay?

We don’t know why people need to ask that, but – No, he’s not gay. He’s married with two kids.

What is David Tran’s race?

David Tran is Asian. His nationality is American-Chinese-Vietnamese.

Summary: David Tran Net Worth

Inspiring, isn’t it? 

It’s terrific how nobody knew such a simple Sriracha Hot Sauce recipe by a simple man would eventually be a worldwide phenomenon!

We can all agree for sure…

David Tran net worth isn’t what makes him extraordinary. 

It’s how he built an empire out of nothing, only with the motivation of providing for his family.

His story proves to us a lot of things.

And that includes the power of simplicity.

Things don’t have to be extravagant to be great!

I hope you enjoyed this article – you might also want to check out David Tran’s Bounce Mojo Bio, and the best David Tran memes.

Put the Bounce in your Mojo today.

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