Scott Smith
$1.1B
Born
Apr 12, 1949
Age
76
Source of Wealth
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
- 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.
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