Billionaire Profile

Global Rank

#2599

Image: Thomson200 | CC0 | via Wikimedia Commons

Jared Smith

CEO, Cloud computing

UNITED STATES

Real-Time Net Worth

$1.421B

Estimated based on Cloud computing stock value as of March 6, 2026

0% (24h)

Age

Source

Cloud computing

Industry

Technology

Citizenship

UNITED STATES

Biography

Jared Smith is a prominent entrepreneur and co-founder of Qualtrics, a cloud computing and software company. His success in the tech industry, particularly through Qualtrics' acquisition by SAP, has significantly contributed to his estimated net worth of $1.4 billion. Smith's career is marked by his innovative approach to technology and his role in building and scaling a successful business. His contributions extend to investments in various ventures, including the entertainment and training site Toca Football, and his philanthropy efforts highlight his dedication to giving back.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

Portfolio Holdings

Qualtrics

In-Depth Profile

Early Life and Education

Jared Smith, born in Provo, Utah, co-founded Qualtrics in 2002 with his brother Ryan and his father Scott. He attended the London School of Economics and earned a Bachelor of Science degree.

Rise to Success

Jared Smith, along with his brother and father, founded Qualtrics, a software company. The company was acquired by SAP in January 2019, just days before its scheduled IPO, for $8 billion in cash. Jared owned approximately 14% of the company at the time of the sale. This acquisition significantly boosted his net worth.

Key Business Strategies

Smith played a crucial role in building Qualtrics, focusing on its technological advancements and strategic growth. The company's success was driven by its innovative approach to cloud computing and its ability to provide valuable services to its clients. After the SAP acquisition, Qualtrics was sold again in March 2023 to Silver Lake Management and the Canada Pension Plan Investment Board for $12.5 billion.

Philanthropy

While specific details of Jared Smith's philanthropic endeavors are not widely available, he has been noted as an investor in Toca Football, a soccer-focused tech, entertainment, and training site in Costa Mesa, California.

Career Milestones

2002

Co-founded Qualtrics

Jared Smith, along with his brother and father, co-founded Qualtrics, a software company specializing in cloud computing solutions. Ryan served as CEO, and Jared as president.

2019

Qualtrics Acquired by SAP

Qualtrics was acquired by SAP for $8 billion in cash. Jared owned about 14% of the company at the time of the sale.

2023

Qualtrics Sold Again

Qualtrics was sold to Silver Lake Management and the Canada Pension Plan Investment Board for $12.5 billion.

Philanthropy & Social Impact

Sports Tech

Toca Football Investment

Undisclosed

Jared Smith was cited as an investor in the Costa Mesa soccer-focused tech, entertainment, and training site Toca Football.

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