Billionaire Profile
James Scapa
Global Rank
#1626

Image: Public domain | via Wikimedia Commons

James Scapa

CEO, Altair Engineering Inc.
US
Real-Time Net Worth
$2.2B
As of December 2025
Age
68
Source
Software
Industry
technology
Citizenship
US

Biography

James Scapa is a prominent figure in the technology industry, recognized for his visionary leadership and entrepreneurial spirit. As the co-founder and former CEO of Altair, a global leader in computational intelligence, James has amassed a net worth of $2.2 billion, according to Forbes, with the source of his wealth stemming from his work in software. His career is marked by a commitment to innovation, transforming a small consulting firm into a major player in engineering simulation and AI. Scapa, a US citizen, has consistently emphasized the importance of innovation and diversity in the workplace, which has been key to Altair's success.

Wealth Over Time

In-Depth Profile

Early Life

James Scapa was born in New York and grew up in Queens, the son of Greek immigrant Holocaust survivors. His upbringing instilled in him a global perspective and a drive to succeed. He graduated from Columbia University with a degree in mechanical engineering and later earned an MBA from the University of Michigan.

Rise to Success

Scapa's career began in the automotive industry, but he soon recognized an opportunity in the emerging field of computer-aided engineering. In 1985, he co-founded Altair Engineering with two colleagues. Under his leadership as CEO and Chairman, Altair grew into a global powerhouse, providing simulation software and cloud solutions. The company went public in 2017.

Key Business Strategies

A core tenet of Scapa's leadership is a commitment to innovation. He fostered a culture of creativity and an entrepreneurial mindset within Altair. He has emphasized the importance of embracing change and taking calculated risks, as well as broad communications and an honest culture. Scapa also prioritized strategic investments in electronics, high-performance computing, and data science, which expanded the company's reach across industries.

Philanthropy

James Scapa, along with his wife Sally, established the James and Sally Scapa Family Foundation. They endowed the James and Sally Scapa Professorship of Innovation and Fellowship of Innovation at Columbia Engineering in 2018. The foundation also supports various other charitable causes.

Career Milestones

1985

Co-founded Altair Engineering

Launched Altair with two coworkers, focusing on computer-aided engineering and simulation software.

2017

Took Altair Public

Led Altair through its IPO, expanding its reach and influence in the tech industry.

Philanthropy & Social Impact

Education

James and Sally Scapa Professorship of Innovation

$XB

Endowed the professorship to recruit and retain outstanding faculty at Columbia Engineering.

Education

Altair #OnlyForward Scholarship

$225K

Scholarships awarded to students pursuing degrees in computer science or engineering at UM-Dearborn.

Business Philosophy & Leadership

Notable Quotes

"I have a sense of the opportunity being so large. Math and algorithms are going to drive all the decisions of the future, so I think we were sort of a rocket sitting on the launching pad."

Leadership Principles

Envisioning the future

Always looking ahead and anticipating future trends.

Broad Communications

Emphasis on open communication and information sharing.

Honest Culture

Creating a culture of honesty and transparency.

Diversity

Prioritizing diversity in the workplace.

Taking Risks

Experimenting, innovating, and embracing calculated risks.