American businessman Gary Burrell has an estimated net worth of $1.02 billion as of May 2016 according to Forbes. He currently serves as the Chairman Emeritus of Garmin Corporation, a company which he serves as one of the founders. Garmin specializes on manufacturing world renowned Global Positioning System devices.

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Gary Burrell was born in 1937 in Stilwell, Kansas. He completed his Electrical Engineering degree from Wichita State University and eventually, he studied at Rensselaer Polytechnic Institute where he finished his master's degree.

It was in 1989 when he founded Garmin together with Min Kao. The company's name is actually derived from the first syllables of the founders' first names. It specializes on manufacturing devices for boating and aviation with the use of Global Positioning System (GPS). With the latest product offerings of Apple that contain GPS features, Garmin Corporation is facing a very stiff competition in the market.