Rank #1309
Ryan Smith
Net worth $3.3B
Cloud computing · United States
- Born
- Jun 28, 1978
- Age
- 47
- Source
- Cloud computing
- Residence
- Provo, Utah
- Citizenship
- United States
- Marital status
- Married
- Children
- 5
- Education
- Bachelor of Science, Brigham Young University
Net worth over time
Biography
- Ryan Smith is the owner of the Utah Jazz and the cofounder of Utah-based cloud computing company Qualtrics.
- He cofounded Qualtrics, known for its feedback surveys of customers and staff, in 2002 with his brother, Jared, and father, Scott.
- Three days before its scheduled IPO in January 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash.
- SAP spun out Qualtrics as a stand alone public company in 2021. It was taken bought by private equity giant Silver Lake in 2023.
- In 2020, news broke that Smith was leading a group to buy the Utah Jazz NBA team for $1.66 billion. The deal closed in December 2020.