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Billionaire Profile
Frank Slootman
Global Rank
#1104

Image: Public domain | via Wikimedia Commons

Frank Slootman

CEO, ServiceNow
US
Real-Time Net Worth
$3.6B
As of December 2025
Age
66
Source
Software
Industry
technology
Citizenship
US

Biography

Frank Slootman is a highly accomplished business executive and author, currently serving as Chairman of the Board at Snowflake, a cloud-based data platform. He has a net worth of $3.6 billion. His career has been marked by a consistent ability to scale companies, particularly in the software industry. Slootman's leadership has been instrumental in taking three companies public through IPOs, including Data Domain, ServiceNow, and Snowflake. His success reflects his strategic vision and operational expertise. Slootman's professional journey showcases his skills in driving hypergrowth and operational excellence, establishing him as a prominent figure in the tech world.

Wealth Over Time

In-Depth Profile

Early Life

Frank Slootman was born in the Netherlands in 1958. He earned a degree in economics and a doctorate in General Business Administration from Erasmus University Rotterdam. In 1982, he moved to the United States.

Rise to Success

Slootman's career took off with a management position at Compuware in 1995. In 2003, he became the CEO of Data Domain, a storage startup, leading the company through an IPO in 2007 and its subsequent acquisition by EMC in 2009. In 2011, Slootman became CEO of ServiceNow and spearheaded its IPO in 2012, transforming it from a help-desk provider to a broader IT services business. In April 2019, Slootman became CEO of Snowflake, guiding the cloud data platform through a record-breaking $33 billion IPO in 2020. He retired as CEO of Snowflake in February 2024, but remains Chairman of the Board.

Key Business Strategies

Slootman is recognized for his operational efficiency and decisive leadership style, which have ensured high performance, scalability, and adaptability in his companies. He emphasizes a pragmatic approach to team building, focusing on work and results over conventional interview processes.

Philanthropy

Specific amounts and initiatives for Slootman's philanthropy are not readily available through public sources.

Career Milestones

1995

Management Position at Compuware

Began career in management at Compuware.

2003

CEO of Data Domain

Became CEO of Data Domain, leading the company to an IPO.

2011

CEO of ServiceNow

Became CEO of ServiceNow and led its IPO.

2019

CEO of Snowflake

Became CEO of Snowflake.

2020

Snowflake IPO

Led Snowflake through a successful IPO.

2024

Retirement as CEO of Snowflake

Retired as CEO of Snowflake, remaining Chairman of the Board.

Philanthropy & Social Impact

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$XB

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Business Philosophy & Leadership

Notable Quotes

""And the reason is, CEOs are only there for one reason, and that is they need to win. When you win, nobody can hurt you. And when you lose, nobody can help you.”"

Leadership Principles

Operational Excellence

Focus on efficiency and a decisive approach to leadership.

Team Building

Prioritizing work and results over conventional interview processes.

Controversies & Challenges

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