Rank #3158
Scott Smith
Net worth $1.1B
Cloud computing · United States
- Born
- Apr 12, 1949
- Age
- 77
- Source
- Cloud computing
- Residence
- Provo, Utah
- Citizenship
- United States
- Marital status
- Married
- Children
- 9
- Education
- Bachelor of Arts/Science, Brigham Young University; Master of Business Administration, Michigan State University; Ph.D, Pennsylvania State University
Net worth over time
Biography
- Scott Smith is one of three cofounders of Utah-based cloud computing company Qualtrics.
- He cofounded the company in Provo, Utah in 2002 with his two sons, Ryan and Jared; Ryan is the CEO.
- Three days before its scheduled IPO in January 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash.
- Scott owned about 14% of the company at the time of the sale.
- The company sold a second time in March 2023 to Silver Lake and CPP Investments at a $12.5 billion valuation.