Billionaire Profile
Ben Chestnut
Global Rank
#769

Image: Public domain | via Wikimedia Commons

Ben Chestnut

CEO, Mailchimp
US
Real-Time Net Worth
$5.2B
As of December 2025
Age
51
Source
Email marketing
Industry
technology
Citizenship
US

Biography

Ben Chestnut is an American internet entrepreneur best known as the co-founder and former CEO of Mailchimp, a leading email marketing platform. Born in Augusta, Georgia, Chestnut's career spans over two decades, marked by his innovative approach to business and his focus on empowering small businesses. His source of wealth stems primarily from email marketing, and his net worth is estimated to be 5.2 billion. Chestnut's achievements include building Mailchimp into a global marketing platform. He resides in Atlanta, Georgia, and is known for his commitment to creating a positive workplace culture and his philanthropic efforts.

Wealth Over Time

In-Depth Profile

Early Life

Ben Chestnut was born and raised in Augusta, Georgia, where he developed a strong work ethic and problem-solving skills. He studied physics at the University of Georgia and later pursued industrial design at the Georgia Institute of Technology. This diverse educational background provided him with a unique perspective, blending analytical thinking with creative design.

Rise to Success

Chestnut co-founded Mailchimp with Dan Kurzius in 2001. The company started as a side project to their web design agency. Chestnut and Kurzius bootstrapped the company, growing it without relying on outside venture capital. Mailchimp's freemium model and user-friendly design were key to its rapid growth. Mailchimp was acquired by Intuit in September 2021 for $12 billion.

Key Business Strategies

Chestnut's success is rooted in several key strategies: targeting underserved small businesses, prioritizing user experience in software development, building a profitable business model without external funding, and fostering a strong company culture. His leadership style emphasizes creativity and employee-centric policies.

Philanthropy

Ben Chestnut and his wife, Teresa, established The Chestnut Family Foundation in 2017. The foundation focuses on improving the lives of children through access to the arts and supporting underserved communities.

Career Milestones

2001

Co-founded Mailchimp

Launched Mailchimp as a side project, which grew into a leading email marketing platform.

2016

Ernst & Young Entrepreneur of the Year

Recognized for his contributions to the tech industry.

2017

Most Admired CEO

Awarded by Atlanta Business Chronicle.

2021

Mailchimp Acquisition

Intuit acquired Mailchimp for $12 billion.

Philanthropy & Social Impact

Children's Education

The Chestnut Family Foundation

Undisclosed

Supports children through access to the arts and STEM education.

Education

Henry M. Chestnut Scholarship

$0.1

Scholarship fund for high school seniors in STEM/STEAM fields.

Business Philosophy & Leadership

Notable Quotes

"Listen hard, change fast."

Leadership Principles

Customer-centricity

Focus on understanding and meeting customer needs to drive product development and marketing strategies.

Employee Empowerment

Creating a workplace that fosters creativity and allows employees to thrive.

Controversies & Challenges

2022

Departure from Mailchimp

Chestnut stepped down as CEO of Mailchimp.