| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $2 billion | N/A | N/A | United States | Male | N/A | Businessman, Entrepreneur | American |
What is Ryan Smith’s Net Worth?
Ryan Smith is an American businessman and entrepreneur who has a net worth of $2 billion. He earned his fortune as the co-founder of online survey company, Qualtrics. Today, he is best known for being the owner of the NBA’s Utah Jazz.
Highlights
- Ryan Smith has a net worth of $2 billion.
- He is the co-founder of Qualtrics.
- Smith is the owner of the NBA’s Utah Jazz.
- He purchased a majority stake in the Utah Jazz for $1.66 billion in 2020.
- Qualtrics was acquired by SAP in 2018 for $8 billion.
Early Life
Ryan Smith’s exact birthdate and birthplace are not available publicly. He is an American national and was born in the United States. Smith dropped out of Brigham Young University to co-found Qualtrics along with his brother and father. However, he later returned to BYU to complete his degree.
Career
Ryan Smith co-founded Qualtrics, an online survey company, which eventually became highly successful. In 2018, Qualtrics was acquired by SAP for $8 billion. Smith continued to serve as the CEO of the company even after the acquisition.
In 2020, Ryan Smith made headlines when he purchased a majority stake in the Utah Jazz for $1.66 billion. The team was previously owned by the Miller family since 1985. Smith, being a lifelong fan of the Utah Jazz, fulfilled his dream of becoming the owner of his favorite basketball team.
Furthermore, Smith has a strong passion for basketball. He installed a basketball court in his basement and a half-court floor at the Qualtrics headquarters building in Provo, Utah. Smith reportedly plays basketball for an hour every morning.
Personal Life
Not much is publicly known about Ryan Smith’s personal life. He is a private individual who keeps his personal matters away from the limelight. However, it is known that Smith partnered with the Utah Jazz in the past to raise $25 million for cancer research, showcasing his philanthropic endeavors.
Net Worth Over Time
Ryan Smith’s net worth has significantly increased throughout his career. As the co-founder of Qualtrics, the company’s acquisition by SAP in 2018 for $8 billion contributed immensely to his wealth. As of now, his net worth stands at $2 billion.
Components of Net Worth
Ryan Smith’s net worth of $2 billion primarily comes from his ownership stake in the Utah Jazz, as well as his previous ownership stake in Qualtrics. The sale of Qualtrics to SAP for $8 billion played a major role in increasing his net worth. Additionally, his other assets and investments may also contribute to his overall net worth.
It’s important to note that net worth calculations are based on publicly available data. While efforts are made to ensure accuracy, the figures provided are estimates and may not reflect the exact net worth of the individual.
In conclusion, Ryan Smith’s successful career as an entrepreneur and his ownership of the Utah Jazz have significantly contributed to his net worth, which currently stands at $2 billion.