Portrait of Michael Xie

Rank #499

Michael Xie

Net worth $7.6B

Cybersecurity · United States

Born
Feb 20, 1969
Age
57
Source
Cybersecurity
Residence
Los Altos Hills, California
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Tsinghua University; Master of Science, Tsinghua University; Master of Science, University of Manitoba

Net worth over time

Biography

  • Michael Xie is the cofounder and chief technology officer of Fortinet, which provides cybersecurity services to businesses like Panasonic and Siemens.
  • The Chinese native moved to North America in the 1990s to study engineering at the University of Manitoba in Canada.
  • After graduating, Xie worked at several network security companies before cofounding Fortinet with brother Ken Xie in 2000.
  • The siblings took the California-based firm public in an IPO nine years later; Michael owns more than 7% of the company.
  • Fortinet had $5.3 billion in 2023 revenue and offers services like enterprise firewalls, cloud security and network security.

Financial assets

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