Billionaire Profile
Michael Xie
Global Rank
#833

Image: Public domain | via Wikimedia Commons

Michael Xie

CEO, Fortinet
US
Real-Time Net Worth
$4.9B
As of December 2025
Age
56
Source
Cybersecurity
Industry
technology
Citizenship
US

Biography

Michael Xie is a prominent figure in the cybersecurity industry, best known as the co-founder and CTO of Fortinet, a leading global provider of cybersecurity solutions. With an estimated net worth of $4.9 billion, Xie's wealth stems from his pioneering work in cybersecurity. He co-founded Fortinet in 2000 with his brother Ken Xie. Xie's career highlights include leading the company's technology vision and strategy, which has resulted in innovative products and services. He has received numerous accolades, including being named a Top Technology Innovator and recognized as an Entrepreneur of the Year. Xie's early experiences in software engineering, computer networking, and system design laid the foundation for his success in cybersecurity. He holds multiple U.S. patents and has authored books in the computer and network security markets. He has served as President and CTO of Fortinet since 2013.

Wealth Over Time

In-Depth Profile

Early Life and Education

Michael Xie was born in China and later moved to North America in the 1990s to study engineering. He earned a bachelor's degree in electrical engineering from Tsinghua University and a master's degree in electrical and computer engineering from the University of Manitoba in Canada. His educational background in engineering and computer science provided a strong foundation for his future endeavors in cybersecurity.

Rise to Success

In 2000, Michael Xie co-founded Fortinet with his brother Ken Xie in Sunnyvale, California. The company's initial product was FortiGate, a physical firewall, which marked the beginning of their foray into network security. Under Xie's guidance as CTO, Fortinet has developed a wide range of cybersecurity solutions, including firewalls, endpoint security, and intrusion detection systems. The company went public in November 2009.

Key Business Strategies

Xie's leadership has been instrumental in shaping Fortinet's technological direction. He emphasized innovation through integration, building efficient, scalable systems that combine security, speed, and simplicity. Fortinet's focus on the convergence of networking and security, and its development of the Fortinet Security Fabric, has been key to its growth. Xie has also overseen the development of new capabilities in network monitoring, detection, and incident response.

Philanthropy

While specific philanthropy amounts are not readily available, Xie's impact is evident through Fortinet's commitment to training initiatives. In September 2021, Fortinet pledged to train one million people in support of President Joe Biden's call to action to address the talent shortage in American cybersecurity.

Career Milestones

2000

Co-founded Fortinet

Co-founded Fortinet, a global leader in cybersecurity solutions.

2004

Top Technology Innovator

Named a Top Technology Innovator by VARBusiness Magazine.

2009

Tech Innovator Awards

Honored with the Tech Innovator Awards by Everything Channel's CRN.

2013

President and CTO of Fortinet

Assumed the role of President and Chief Technology Officer at Fortinet.

Philanthropy & Social Impact

Education & Training

Cybersecurity Training Programs

Undisclosed

Fortinet has committed to training initiatives to address the talent shortage in cybersecurity.