Table:
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $4 billion | N/A | November 27, 1950 | Baltimore, Maryland | Male | N/A | Entrepreneur and Philanthropist | American |
What is Bob Parsons’ Net Worth?
Bob Parsons, an American entrepreneur and philanthropist, has a net worth of $4 billion. He accumulated his wealth through founding the GoDaddy group of companies and his involvement in various ventures related to sports, real estate, and marketing. In 2012, Bob Parsons co-founded the Bob & Renee Parsons Foundation with his wife, furthering their philanthropic efforts.
Highlights
– Bob Parsons’ net worth is estimated to be $4 billion.
– He is an American entrepreneur and philanthropist.
– Parsons is the founder of the GoDaddy group of companies and YAM Worldwide.
– He co-founded the Bob & Renee Parsons Foundation in 2012.
Early Life
Bob Parsons was born on November 27, 1950, in Baltimore, Maryland. He grew up in a financially strained household, as both of his parents were chronic gamblers. To help his family financially, Parsons took on various jobs, such as selling newspapers and working at a gas station. Despite facing academic challenges, he enlisted in the US Marine Corps and served in Vietnam. Parsons was wounded in action and received a Purple Heart and Combat Action Ribbon for his service.
Following his military service, Parsons returned to his hometown and pursued a degree in accounting from the University of Baltimore. He graduated magna cum laude in 1975.
Career
After completing his education, Bob Parsons started his career in IT and software sales. In 1984, he founded Parsons Technology, a company focused on selling a home accounting program called MoneyCounts. The company grew and was eventually sold to Intuit for $64 million in 1994.
In 1997, Parsons founded Jomax Technologies, which later became known as GoDaddy, a prominent internet domain registrar and web hosting company. Through GoDaddy, Parsons revolutionized the industry by providing affordable and accessible website services. He remained involved with GoDaddy as executive chairman and board member until 2018.
Additionally, in 2012, Parsons established YAM Worldwide, a company encompassing his various entrepreneurial ventures in sports, real estate, and marketing. He owns Harley-Davidson dealerships, operates the Scottsdale National Golf Club, and founded Parsons Xtreme Golf.
Personal Life
Bob Parsons co-founded the Bob & Renee Parsons Foundation in 2012 with his wife, Renee. The foundation focuses on disaster relief and military veteran support in the Phoenix area, alongside contributions to various other charitable causes. The Parsons also joined the Giving Pledge, committing to donate at least half of their fortune to charity during their lifetimes.
Net Worth Over Time
Bob Parsons’ net worth has seen substantial growth throughout his career. As the founder of GoDaddy, his successful business ventures have contributed significantly to his current net worth of $4 billion.
Components of Net Worth
Bob Parsons’ net worth is primarily derived from his ownership stakes in GoDaddy and the success of YAM Worldwide. The value of these companies, along with other investments and assets, contributes to his overall net worth. Additionally, his philanthropic endeavors reflect his commitment to giving back to society.
In conclusion, Bob Parsons has achieved remarkable success as an entrepreneur and philanthropist, accumulating a net worth of $4 billion. Through his ventures in GoDaddy and YAM Worldwide, Parsons has made significant contributions to the realms of technology, real estate, and sports. Moreover, his commitment to philanthropy through the Bob & Renee Parsons Foundation showcases his dedication to supporting charitable causes. With his continued business acumen and philanthropic efforts, Bob Parsons’ net worth is expected to remain robust in the future.