Billionaire Profile
Carl Thoma
Global Rank
#745

Image: Hans Thoma | Public domain | via Wikimedia Commons

Carl Thoma

CEO, Private equity
UNITED STATES
Real-Time Net Worth
$5.689B
Estimated based on Private equity stock value as of April 20, 2026
0% (24h)
Age
77
Source
Private equity
Industry
Finance & Investments
Citizenship
UNITED STATES

Biography

Carl Thoma, a highly respected figure in private equity, is a co-founder of Thoma Bravo, a leading private equity firm specializing in software and technology investments. Born in 1949, Thoma's estimated net worth is $5.7 billion, a testament to his successful career. He is known for pioneering the 'buy-and-build' investment strategy, which has become a cornerstone of Thoma Bravo's approach. His career began in the private equity sector, where he gained significant experience and developed a keen eye for identifying promising companies. He is an alumnus of Oklahoma State University and Stanford Business School. Thoma and his wife established the Carl & Marilynn Thoma Foundation, which supports arts and education. He is also co-proprietor of Van Duzer Vineyards, showcasing his diverse interests. The foundation has focused on sponsoring 'full ride' scholarships for rural students.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Carl Thoma was born in 1949. He grew up in the panhandle of Oklahoma. He received a Bachelor's degree in agricultural economics from Oklahoma State University in 1971 and an MBA from Stanford Graduate School of Business in 1973.

Rise to Success

Thoma began his career at First Chicago Equity Group. In 1980, he co-founded Golder Thoma & Co., which later became Golder Thoma & Cressey, and then Golder Thoma Cressey Rauner. He split from the firm in 1998 to create Thoma Cressey Equity Partners. In 2008, Thoma, along with Orlando Bravo, formed Thoma Bravo. Since then, Thoma Bravo has grown to manage over $181 billion in assets. Thoma is recognized as a pioneer of the 'buy-and-build' strategy.

Key Business Strategies

Thoma Bravo focuses on investing in software and technology-enabled business service sectors, using a 'consolidation' or 'buy and build' investment strategy. The firm targets control investments in companies with strong business franchises and experienced executives.

Philanthropy

Thoma and his wife, Marilynn, established the Carl & Marilynn Thoma Foundation in 1986. The foundation supports arts and education initiatives through art grants, scholarships, fellowships, and endowments. In 2024, they launched the Thoma Scholars program at Oklahoma State University, providing full-ride scholarships to students from rural areas.

Career Milestones

1980

Co-founded Golder Thoma & Co.

Established a private equity firm in Chicago.

1998

Founded Thoma Cressey Equity Partners

Continued his private equity ventures.

2008

Co-founded Thoma Bravo

Formed a software-focused private equity firm with Orlando Bravo.

2024

Launched Thoma Scholars Program

Established a scholarship program at Oklahoma State University.

Philanthropy & Social Impact

Education

Thoma Scholars Program

$2B

Provides full-ride scholarships to students from rural areas.