BillionaireNet
Smith
Jared Smith
Rank #2547
UNITED STATESTechnologyCloud computing

Jared Smith

Net Worth
$1.421B
0% (24h)
Jared Smith is a prominent figure in the cloud computing industry, known for co-founding Qualtrics. His career began in 2002 when he co-founded Qualtrics in Provo, Utah, with his brother Ryan and father Scott. Under his leadership, Qualtrics experienced significant growth, and was later acquired by SAP in 2019 for $8 billion. This acquisition significantly contributed to his wealth, with Forbes estimating his net worth at $1.4 billion as of 2024. Smith's achievements include building a successful cloud computing company and navigating a major acquisition, solidifying his position as a self-made billionaire. Smith resides in Provo, Utah and holds a Bachelor of Science degree from the London School of Economics.

The Full Dossier

Early Life

Jared Smith co-founded Qualtrics in 2002 with his brother Ryan and father Scott. The company was based in Provo, Utah. Jared attended the London School of Economics and earned a Bachelor of Science degree.

Rise to Success

Qualtrics, co-founded by Jared, was acquired by SAP in 2019 for $8 billion in cash. Jared held a significant ownership stake in the company, estimated around 14% at the time of sale. The acquisition significantly contributed to his wealth.

Key Business Strategies

Key to Smith's success was his involvement in Qualtrics, a software company that was later acquired by SAP. This strategy resulted in substantial financial gains, solidifying his presence in the technology sector and cloud computing.

Philanthropy

Details regarding Jared Smith's philanthropic initiatives were not found.

Career Timeline

2019

Qualtrics Acquired by SAP

Qualtrics was acquired by SAP for $8 billion.

2002

Co-founded Qualtrics

Jared Smith co-founded the cloud computing software company Qualtrics.

Philanthropic Impact

Information not foundUndisclosed

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Wealth Trajectory