Forty-five years after arriving in Los Angeles, David Tran has built sriracha into a billion-dollar business. A documentary film about Sriracha a. k. a. Rooster sauce and the man behind its genius. With hot sauce among the fastest-growing American industries, more such products are likely on their way. The founder of Sriracha hot sauce is David Tran was born in Soc Trang, Vietnam, 1945. Back in April, Huy Fongs facility in Irwindale, California, had been declared a public nuisance after the city had received complaints from nearby residents alleging that the fumes from the factory were causing headaches, nosebleeds, heartburn, and a variety of respiratory ailments. It ranks third in the $1.5 billion (revenue) American hot sauce market behind Tabasco, owned by the McIlhenny family since 1868, and Franks RedHot, part of publicly traded spice giant McCormick & Co. Today Huy Fong is worth $1 billion, based on estimated sales of $131 million in 2020, according to research firm IBISWorld. Forty-five years after arriving in Los Angeles, David Tran has built sriracha into a billion-dollar business. How a Vietnamese Refugee Built the Multi-Million Dollar Sriracha Hot He could use chile sauces of American origin, but to him, these were all "vinegar and water and very thin." Unsure? David Tran | Vietnamese entrepreneur | Britannica David Tran founded Huy Fong Foods in 1980. In 2010 the company produced 20 million bottles of sauce in a year. Terms of Use His sauce is made with red jalapeo peppers grown only on a farm in. . The creator of Sriracha hot sauce lives in Arcadia and is moving his renowned hot sauce company to a new $40 million factory in Irwindale, according to the Los Angeles Times. 2023 Celebrity Net Worth / All Rights Reserved. Sriracha Hot Sauce, a version of a hot sauce originating in Si Racha in Thailand, was the product that led to Trans insanely successful hot sauce empire.
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