Scott Smith

Net Worth

$1.15B

0% (24h)

Scott Smith is a co-founder of Qualtrics, a cloud computing company. At the age of 76, he has amassed a net worth of $1.1 billion. Smith's wealth stems from his involvement in Qualtrics, which was acquired by SAP in 2019 and later sold again in 2023. Smith is a graduate of Brigham Young University, Pennsylvania State University and Michigan State University. His career highlights include co-founding Qualtrics and seeing the company achieve a multi-billion dollar valuation.

The Full Dossier

Early Life

Scott Smith was born in the United States and is currently 76 years old. Smith co-founded Qualtrics in 2002 with his two sons, Ryan and Jared.

Rise to Success

Qualtrics, a cloud computing company based in Utah, was co-founded by Smith and his sons. The company was acquired by SAP in 2019 for $8 billion and was sold again in March 2023 to Silver Lake and CPP Investments at a $12.5 billion valuation.

Key Business Strategies

Smith's success is tied to the growth and eventual sale of Qualtrics. Smith owned about 14% of the company at the time of the sale to SAP. The company's success is a testament to the growing cloud computing market.

Philanthropy

Information regarding Smith's specific philanthropic endeavors is unavailable in the search results. However, the high valuation of his company suggests he may be involved in philanthropic activities.

Career Timeline

2023

Qualtrics Sold Again

Qualtrics was sold to Silver Lake and CPP Investments at a $12.5 billion valuation.

2019

Qualtrics Acquired by SAP

Qualtrics was acquired by German software firm SAP for $8 billion.

2002

Co-founded Qualtrics

Scott Smith co-founded the cloud computing company Qualtrics in Provo, Utah.

Philanthropic Impact

Healthcare$25M+

Cancer Research

Qualtrics raised over $25 million for cancer research through an NBA jersey sponsorship.