Billionaire Profile
Jared Smith
Global Rank
#2748

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 April 21, 2026
0% (24h)
Age
51
Source
Cloud computing
Industry
Technology
Citizenship
UNITED STATES

Biography

Jared Smith is a prominent figure in the tech industry, best known as the co-founder of Qualtrics, a leading cloud computing company. His journey from founding Qualtrics in 2002 to its eventual acquisition by SAP for $8 billion showcases his entrepreneurial acumen. Smith's current estimated net worth is $1.4 billion, a testament to his success in the technology sector. He currently serves as the Interim CEO and Vice President of Worldwide Sales at Immersion Corp, a leader in haptic technology. His career is marked by significant achievements in the cloud computing field.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

Wealth Over Time

In-Depth Profile

Early Life

Jared Smith's career began with a strong foundation in the tech industry. He co-founded Qualtrics in 2002 with his brother Ryan Smith and his father Scott Smith. This marked the beginning of his journey in the cloud computing space.

Rise to Success

Qualtrics rapidly grew, becoming a leading platform for business feedback and customer experience management. This success led to its acquisition by SAP for $8 billion in cash, which was a pivotal moment in Smith's career. At the time of the sale, Jared owned approximately 14% of the company. Qualtrics was later sold again to Silver Lake and CPP Investments.

Key Business Strategies

Smith's strategic vision helped Qualtrics gain a significant market share. His focus on innovation and customer experience played a vital role in the company's growth and eventual acquisition. His business acumen extends beyond Qualtrics, with his current role at Immersion Corp, demonstrating his ability to adapt to new technologies.

Philanthropy

Jared Smith is committed to giving back to the community. He supports various educational and healthcare initiatives, including donations to the University of Utah and Intermountain Healthcare.

Career Milestones

2002

Co-founded Qualtrics

Co-founded Qualtrics, a cloud computing company, with his brother and father.

2019

Qualtrics Acquired by SAP

Qualtrics was acquired by SAP for $8 billion.

2023

Qualtrics Sold Again

Qualtrics was sold to Silver Lake and CPP Investments for $12.5 billion.

2024

Forbes Best-In-State Wealth Advisors

Recognized as a Forbes Best-In-State Wealth Advisor.

Philanthropy & Social Impact

Education

University of Utah Donations

Undisclosed

Supports educational initiatives.

Healthcare

Intermountain Healthcare Donations

Undisclosed

Supports healthcare initiatives.

Business Philosophy & Leadership

Notable Quotes

""The benefit of being brothers is since we were little kids we could beat on each other and have the hardest arguments, then still be buddies 10 minutes later." -startupgrind.com"