Rank #2756
Jared Smith
Net worth $1.4B
Cloud computing · United States
- Born
- Oct 02, 1974
- Age
- 51
- Source
- Cloud computing
- Residence
- Provo, Utah
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Science, London School of Economics
Net worth over time
Biography
- Jared Smith cofounded the software company Qualtrics in Provo, Utah in 2002 with his brother, Ryan, and father, Scott; Ryan was the CEO, Jared was president.
- Three days before its scheduled IPO in January 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash.
- Jared owned about 14% of the company at the time of the sale.
- Qualtrics sold a second time in March 2023 to Silver Lake and CPP Investments at $12.5 billion valuation.