{{Short description|Indonesian-born American businessman (1961–2024)}} {{Use mdy dates|date=September 2024}} {{Infobox person | name = Sehat Sutardja | image = Sehat Sutardja - World Economic Forum on East Asia 2011 (cropped).jpg | alt = <!-- descriptive text for use by speech synthesis (text-to-speech) software --> | caption = Sutardja in 2011 | birth_name = <!-- only use if different from name --> | birth_date = {{Birth date|1961|07|09}} | birth_place = Jakarta, Indonesia | death_date = {{Death date and given age|2024|09|18|63|}} | death_place = Las Vegas, Nevada, U.S | education = Iowa State University (BS)<br>University of California, Berkeley (MS, PhD) | other_names = | occupation = | years_active = | known_for = Co-founder of Marvell Technology | notable_works = | spouse = {{marriage|Weili Dai|1985}} | children = 2 }}
'''Sehat Sutardja''' ({{ zh | c=周秀文 | p=Zhōu Xiùwén}}; July 9, 1961 – September 18, 2024) was an Indonesian-born Chinese American billionaire businessman who was the co-founder of Marvell Technology.<ref>{{cite web |url=http://investor.marvell.com/phoenix.zhtml?c=120802&p=irol-newsArticle&ID=2154191 |title=Marvell – Company – Investor Relations – News Release |publisher=Investor.marvell.com |date=April 5, 2016 |accessdate=March 13, 2017 |archive-date=June 25, 2017 |archive-url=https://web.archive.org/web/20170625051316/http://investor.marvell.com/phoenix.zhtml?c=120802&p=irol-newsArticle&ID=2154191 |url-status=dead }}</ref><ref>{{Cite web|url=https://ifmagazine.net/indonesian-contributions-did-you-know/|title = Indonesian Contributions: DID YOU KNOW? – International Focus Magazine}}</ref> Marvell was involved with industry segments including data storage, mobile and smart TVs.<ref name="gain">{{cite web |title= Sehat Sutardja: Indonesian that Gain Success in Silicon Valley |url= http://www.indonesiaberprestasi.web.id/kisah-motivasi/profil-prestatif/sehat-sutardja-indonesian-people-that-gain-success-in-sillicon-valley/ |work= Indonesia Berpretasi |date= October 30, 2010 |accessdate= August 24, 2013 |url-status= dead |archiveurl= https://archive.today/20130702074157/http://www.indonesiaberprestasi.web.id/kisah-motivasi/profil-prestatif/sehat-sutardja-indonesian-people-that-gain-success-in-sillicon-valley/ |archivedate= July 2, 2013 }}</ref> At the time of his death, ''Forbes'' estimated his net worth at US$1.3 billion, making him the 2,390th richest person in the world.<ref name="nw">{{cite web |title= Forbes Profile: Sehat Sutardja |url= https://www.forbes.com/profile/sehat-sutardja/ |work= Forbes |date= September 19, 2024 |accessdate= September 19, 2024 |url-status= live |archiveurl= https://web.archive.org/web/20240919101351/https://www.forbes.com/profile/sehat-sutardja/ |archivedate= September 19, 2024 }}</ref>
== Early life == Sehat Sutardja was born on July 9, 1961, in Jakarta, Indonesia, to a Chinese-Indonesian family.<ref>{{Cite web |last=Marvell |title=Marvell Co-founder and Chief Executive Officer, Dr. Sehat Sutardja Selected for Junior Achievement Business Hall of Fame |url=https://www.prnewswire.com/news-releases/marvell-co-founder-and-chief-executive-officer-dr-sehat-sutardja-selected-for-junior-achievement-business-hall-of-fame-188650371.html |access-date=September 25, 2024 |website=www.prnewswire.com |language=en}}</ref> His interest in electronics began early; he became a certified radio repair technician at age 13 and has been designing components and systems ever since.<ref name="gain" /><ref name="spectrum">{{Cite web |last=Perry |first=Tekla S. |date=October 29, 2010 |title=Sehat Sutardja: An Engineering Marvell |url=https://spectrum.ieee.org/sehat-sutardja-an-engineering-marvell |work=IEEE Spectrum}}</ref>
Sutardja graduated from Canisius College, a high school in Jakarta. Moving to the United States in 1980, he received a Bachelor of Science degree in electrical engineering from Iowa State University. He also held a Master of Science and Doctorate in electrical engineering and computer science from the University of California, Berkeley.<ref>{{Cite web |url=https://www.cnnindonesia.com/teknologi/20240919105336-185-1145949/sehat-sutardja-dari-teknisi-radio-hingga-jadi-pelopor-semikonduktor |title=Sehat Sutardja, dari Teknisi Radio hingga Jadi Pelopor Semikonduktor Baca artikel CNN Indonesia |trans-title=Sehat Sutardja, from Radio Technician to Semiconductor Pioneer |publisher=CNN Indonesia |date=September 19, 2024 |language=id}}</ref>
== Career == Sehat Sutardja worked at Micro Linear Corp. and Integrated Information Technology. In 1995 he founded Marvell Technology with his wife Weili Dai and brother Pantas Sutardja.<ref name="wife">{{cite news|last=Herel|first=Suzanne|title=Meet the Boss: Weili Dai, Marvell Technology Group |url= http://www.sfgate.com/business/article/Meet-the-Boss-Weili-Dai-Marvell-Technology-Group-2369284.php |work= San Francisco Chronicle |accessdate=August 24, 2013 |date=June 6, 2011}}</ref>
Sutardja has more than 440 patents and was a fellow of the Institute of Electrical and Electronics Engineers (IEEE). In 2004, Sutardja along with fellow Marvell co-founders Dai and Pantas received the Ernst & Young Entrepreneur of the Year award in the networking and communications category.<ref>{{cite web|title=Sehat Sutardja Member Profile|url=http://eoyhof.ey.com/MemberProfile.aspx|publisher=Ernst & Young|accessdate=April 12, 2013}}{{dead link|date=March 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> In 2006, he was recognized as the Inventor of the Year by the Silicon Valley Intellectual Property Law Association.<ref>{{cite news | url=https://www.antaranews.com/en/news/72612/asia-to-become-world-largest-economic-region-marvell | title=Asia to become world largest economic region: Marvell | work=Antara News | date=June 12, 2011 | accessdate=May 28, 2012}}</ref>
In 2012, Sutardja was awarded the Indonesian Diaspora Lifetime Achievement Award for Global Pioneering and Innovation at the first-ever Congress of Indonesian Diaspora, presented by the Embassy of the Republic of Indonesia.<ref>{{cite web|last=Barack|first=Sylvie|title=Marvell CEO named Indonesian diaspora innovator|url=http://www.eetimes.com/electronics-news/4389862/Marvell-CEO-named-Indonesian-diaspora-innovator-|publisher=EE Times|accessdate=April 12, 2013}}</ref> In 2013, Sutardja was selected to join the Junior Achievement Business Hall of Fame.<ref>{{cite web|title=Marvell Co-founder and CEO Selected for Junior Achievement Business Hall of Fame|url=http://www.hpcwire.com/hpcwire/2013-01-28/marvell_co-founder_and_chief_executive_officer_selected_for_junior_achievement_business_hall_of_fame.html|publisher=HPC Wire|accessdate=April 12, 2013|url-status=dead|archiveurl=https://web.archive.org/web/20130210153632/http://www.hpcwire.com/hpcwire/2013-01-28/marvell_co-founder_and_chief_executive_officer_selected_for_junior_achievement_business_hall_of_fame.html|archivedate=February 10, 2013}}</ref> On December 16, 2013, Sehat Sutardja and Dai were honored with the 2013 Dr. Morris Chang Exemplary Leadership Award <ref>{{cite web|url=https://www.marvell.com/company/news/pressDetail.do?releaseID=4780 |title=Company – Newsroom – Marvell Co-Founders Dr. Sehat Sutardja and Weili Dai Honored with the 2013 Dr. Morris Chang Exemplary Leadership Award by the Global Semiconductor Alliance |publisher=Marvell |date=December 16, 2013 |accessdate=March 13, 2017}}</ref> by the Global Semiconductor Alliance. In 2004, Sutardja was an award recipient for the Northern California Region of the EY Entrepreneur of the Year Award.<ref>{{cite web|url=http://www.thefreelibrary.com/Marvell+Founders+Receive+2004+Ernst+%26+Young+Entrepreneur+of+the+Year...-a0118789380|title=Marvell Founders Receive 2004 Ernst & Young Entrepreneur of the Year Award..|publisher=The Free Library|date=April 10, 2015|accessdate=March 13, 2017|archive-date=March 16, 2016|archive-url=https://web.archive.org/web/20160316210746/http://www.thefreelibrary.com/Marvell+Founders+Receive+2004+Ernst+%26+Young+Entrepreneur+of+the+Year...-a0118789380|url-status=dead}}</ref> On July 21, 2015, Sutardja was named "Executive of the Year" by the annual ACE Awards.<ref>{{cite web|url=http://www.eetimes.com/document.asp?doc_id=1327101 |title=Marvell CEO Named Exec of Year |publisher=EE Times |date=July 22, 2015 |accessdate=March 13, 2017}}</ref> On April 4, 2016, Sutardja was removed from his position as CEO.<ref>{{cite web |url=https://www.mercurynews.com/2016/04/05/marvell-ousts-silicon-valley-power-couple-from-top-posts/|title=Marvell ousts Silicon Valley power couple|work=San Jose Mercury News|date=April 5, 2016|accessdate=April 17, 2018}}</ref>
On April 5, 2016, Reuters reported that Sutardja, who was CEO of Marvell Technology Group, along with his wife, Dai, the company's President, had stepped down.<ref>{{Cite news|date=April 5, 2016|title=Chipmaker Marvell's CEO, president stepping down|language=en|work=Reuters|url=https://www.reuters.com/article/marvell-technlgy-ceo-idUSL3N17836D|access-date=April 12, 2021}}</ref> Marvell said that an investigation found no fraud but that there was significant pressure from the management on sales to meet revenue targets. The company's audit committee also pointed that some transactions revenue was booked prematurely due to internal controls that were not fully followed.<ref>{{Cite news|last=Goliya|first=Kshitiz|date=March 1, 2016|title=Marvell says audit committee finds no accounting fraud|language=en|work=Reuters|url=https://www.reuters.com/article/us-marvell-technlgy-accounts-idUSKCN0W34QH|access-date=April 12, 2021}}</ref>
In 2021, together with his wife Weili Dai, and business partner Byung Joon Han, he founded Silicon Box, a Singapore-based semiconductor company that focuses on the design and manufacture of chiplet packaging. The venture-backed company opened a $2{{nbsp}}billion facility in Tampines in 2023 to produce chiplets for their customers primarily in the artificial intelligence domain.<ref>{{Cite news |last=Wang |first=Catherine |date=February 16, 2024 |title=Chipping In: Billionaire-Founded Unicorn Startup Makes Semiconductor 'Chiplets' For The AI Boom |url=https://www.forbes.com/sites/catherinewang/2024/02/16/chipping-in-billionaire-founded-unicorn-startup-makes-semiconductor-chiplets-for-the-ai-boom/ |work=Forbes |archive-url=https://archive.today/20240216145250/https://www.forbes.com/sites/catherinewang/2024/02/16/chipping-in-billionaire-founded-unicorn-startup-makes-semiconductor-chiplets-for-the-ai-boom/ |archive-date=February 16, 2024 |url-status=live |url-access=subscription}}</ref><ref>{{Cite news |last=Chong |first=Claudia |date=January 9, 2024 |title=Singapore chip start-up Silicon Box turns unicorn, hitting US$1 billion in valuation |url=https://www.straitstimes.com/business/singapore-chip-start-up-silicon-box-turns-unicorn-hitting-us1-billion-in-valuation |work=The Straits Times}}</ref>
Sutardja was a board member of Alphawave IP Group and its second-largest shareholder. Upon his death, Dai inherited his stake and joined the board of directors on an interim basis. Her stake was valued at $237 million in June 2025, when Qualcomm announced it would acquire the company.<ref>{{Cite news |last1=Pacheco |first1=Filipe |last2=Yeung |first2=Pui Gwen |date=18 June 2025 |title=Billionaire Dai to Reap $237 Million Windfall From Qualcomm Deal |url=https://www.bloomberg.com/news/articles/2025-06-18/billionaire-dai-to-reap-237-million-windfall-from-qualcomm-deal |publisher=Bloomberg News}}</ref>
== Causes and philanthropy == Sutardja promoted new green energy efficiency standard for consumer electronics, working with both the U.S. and Chinese governments to establish efficiency performance standards that could produce significant cost and carbon savings. In 2010, he served as the principal founder of the Smart Electronics Initiative, a cross-industry collaborative campaign aimed at increasing awareness for the growing amount of energy consumed by everyday consumer electronics.<ref>{{cite web|title=Governor Schwarzenegger Joins Marvell in Smart-Electronics Initiative|date=September 8, 2010|url=https://www.benzinga.com/life/politics/10/09/463607/governor-schwarzenegger-joins-marvell-mrvl|publisher=Benzinga|accessdate=April 16, 2013}}</ref> Launched at Marvell with former Governor Arnold Schwarzenegger in cooperation with the Silicon Valley Leadership Group, the project focused on combatting the rising degree of energy dependence.<ref>{{cite web|title=Governor Schwarzenegger Joins Marvell in Launching the Smart-Electronics Initiative.(Company overview)|url=http://www.highbeam.com/doc/1G1-237658939.html|archive-url=https://archive.today/20130629120151/http://www.highbeam.com/doc/1G1-237658939.html|url-status=dead|archive-date=June 29, 2013|publisher=|accessdate=April 16, 2013}}</ref>
Sutardja has also been an active philanthropist, particularly in the areas of green technology and education. He and his wife were early proponents of the One Laptop per Child program, providing the financial support and cutting-edge technology that has enabled the organization to give more than 2 million school-aged children new learning opportunities in developing countries around the world.<ref>{{cite web|title=worldwide over 2.4 million children and teachers have xo laptops|url=http://laptop.org/map|publisher=One Laptop per Child|accessdate=April 16, 2013|archive-date=December 2, 2012|archive-url=https://web.archive.org/web/20121202011306/http://laptop.org/map|url-status=dead}}</ref>
In March 2009, Berkeley named one of its university hall's the ''Sutardja Dai Hall'' in honor of the Marvell founders following a more than $20 million investment toward the establishment of the college's nano-fabrication laboratory. The hall houses the Center for Information Technology Research in the Interest of Society (CITRIS).<ref>{{cite news | url=http://eetimes.com/electronics-news/4081554/UC-Berkeley-building-named-for-Marvell-founders | title=UC Berkeley building named for Marvell founders | last=McGrath | first=Dylan | work=EE Times | date=March 6, 2007}}</ref>
== Personal life and death == While at UC Berkeley, Sutardja met Weili Dai in a campus elevator and married her in 1985.<ref name="spectrum" /><ref>{{Cite web |date=April 7, 2010 |title=Lessons in family, business success |url=https://archive.shine.cn/feature/Lessons-in-family-business-success/shdaily.shtml |publisher=Shanghai Daily}}</ref> Sutardja and his wife Dai had two sons together.<ref>{{Cite web |url=https://www.sfgate.com/business/meettheboss/article/meet-the-boss-weili-dai-marvell-technology-group-2369284.php |title=Meet the Boss: Weili Dai, Marvell Technology Group |date=June 6, 2011 |website=SFGate |last=Herel |first=Suzanne}}</ref> Sutardja died on September 18, 2024, in Las Vegas, Nevada, at the age of 63.<ref>{{Cite web |url=https://www.marketwatch.com/story/marvell-technologys-billionaire-co-founder-sehat-sutardja-has-died-009bf369 |title=Marvell Technology's billionaire co-founder, Sehat Sutardja, has died |date=September 18, 2024 |website=MarketWatch |last=Goss |first=Louis}}</ref>
== References == {{Reflist|30em}}
== External links == * Edward Robinson, [https://www.bloomberg.com/apps/news?pid=20601083&sid=a7Cs20wMjtH0&refer=currency Billionaires From Jakarta, Shanghai Undermined by U.S. Options], Bloomberg.com, May 21, 2007
{{DEFAULTSORT:Sutardja, Sehat}} Category:1961 births Category:2024 deaths Category:American people of Chinese-Indonesian descent Category:Indonesian people of Chinese descent Category:Indonesian emigrants to the United States Category:Iowa State University alumni Category:UC Berkeley College of Engineering alumni Category:University of California, Berkeley alumni Category:Businesspeople from Jakarta Category:American businesspeople Category:Businesspeople in the electronics industry Category:American billionaires Category:Indonesian billionaires