BillionaireNet
Siebel
Thomas Siebel
Rank #995
UNITED STATESTechnologyBusiness software

Thomas Siebel

Net Worth
$4.055B
-0.17% (24h)
Thomas Siebel is a prominent figure in the technology industry, renowned for his pioneering work in business software and artificial intelligence. Born on November 20, 1952, Siebel is an American businessman, technologist, and author. His net worth is estimated at $4.1 billion. Siebel's wealth stems from his ventures in the business software sector, most notably as the founder of Siebel Systems, a leading customer relationship management (CRM) software company, and C3 AI, an enterprise AI software platform. Siebel's career has been marked by significant achievements, including building Siebel Systems into a dominant CRM provider and establishing C3 AI as a key player in the AI space. Residing in Woodside, California, Siebel is also involved in philanthropic endeavors through the Siebel Foundation.

The Full Dossier

Early Life

Thomas M. Siebel was born in Chicago, Illinois, on November 20, 1952. He was one of seven children. Siebel earned a Bachelor of Arts in History, an MBA, and a Master of Science in Computer Science from the University of Illinois at Urbana-Champaign. He later received an honorary doctorate in engineering from the same institution.

Rise to Success

Siebel's career includes significant roles at Oracle Corporation from 1984 to 1990. He then founded Siebel Systems in 1993, which rapidly became a leader in CRM software. Oracle acquired Siebel Systems in January 2006. Following this, he founded C3 AI in 2009, focusing on enterprise artificial intelligence. C3 AI went public in December 2020.

Key Business Strategies

Siebel's strategies include a focus on enterprise AI solutions and digital transformation. C3 AI offers a suite of applications for developing and deploying AI applications. Siebel's management approach encourages employee education, offering programs like the University of Illinois's online Master of Computer Science (MCS) degree through Coursera, with incentives like salary increases and bonuses upon completion.

Philanthropy

Siebel is actively involved in philanthropy through the Siebel Foundation. His philanthropic efforts support education, health, drug prevention, and initiatives for the homeless. He has donated millions to the University of Illinois at Urbana-Champaign and established the Siebel Scholars Foundation. The Siebel Foundation has also supported the Montana Meth Project.

Career Timeline

2009

Founder of C3 AI

Founded C3 AI, an enterprise AI software platform.

2006

Oracle acquired Siebel Systems

Siebel Systems was acquired by Oracle.

1993

Founder of Siebel Systems

Founded Siebel Systems, a CRM software company.

1990

CEO of Gain Technology

Served as Chief Executive Officer of Gain Technology.

1984

Executive at Oracle Corporation

Held various management positions.

Philanthropic Impact

Education$XB

Siebel Scholars Foundation

Supports graduate students in various fields.

Drug Prevention$XB

Montana Meth Project

Aims to prevent methamphetamine abuse.

Education$32M

Siebel Center for Computer Science

Donation to the University of Illinois at Urbana-Champaign for the construction.

EnergyUndisclosed

Siebel Energy Institute

Supports research on the data management of energy infrastructure.

Wealth Trajectory