Billionaire Profile
Peter Gassner
Global Rank
#1232

Image: Unknown authorUnknown author | Public domain | via Wikimedia Commons

Peter Gassner

CEO, Software
UNITED STATES
Real-Time Net Worth
$3.409B
Estimated based on Software stock value as of March 7, 2026
-0.24% (24h)
Age
60
Source
Software
Industry
Technology
Citizenship
UNITED STATES

Biography

Peter Gassner, a US citizen born in 1965, is the CEO and co-founder of Veeva Systems, a leading cloud software provider for the life sciences industry. With a net worth estimated at $3.6 billion as of February 2, 2026, Gassner's wealth stems from his success in the software sector. His career includes pivotal roles at IBM, PeopleSoft, and Salesforce before launching Veeva in 2007. Gassner is also known for his commitment to corporate social responsibility, customer success, and employee success.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/7/2026

Wealth Over Time

In-Depth Profile

Early Life

Peter P. Gassner was born on February 26, 1965, in Portland, Oregon, to Swiss immigrants. He grew up in Portland as the third of six children. From a young age, Gassner displayed a strong work ethic, working as a paperboy at age 8. He later worked mowing lawns, in a restaurant, and ran a roofing business in high school. Gassner's interest in computer science was sparked by a math teacher who encouraged him to take a computer science class, which would shape his future career.

Rise to Success

Gassner earned a degree in computer science from Oregon State University in 1989. He began his career at IBM's Silicon Valley Lab, working on DB2. He then moved to IBM Research at the Almaden Research Center. At age 30, he joined PeopleSoft, where he served as Chief Architect and General Manager of PeopleTools for nine years. After PeopleSoft, he joined Salesforce.com as Senior Vice President of Technology, gaining valuable insights into cloud computing and the Software-as-a-Service (SaaS) model. In 2007, he founded Veeva Systems with Matt Wallach, focusing on cloud solutions for the life sciences industry. Veeva's IPO in 2013 was a significant milestone.

Key Business Strategies

Gassner's business strategy centers on vertical SaaS, focusing on the unique needs of the life sciences industry. This approach allowed Veeva to offer specialized software, including Veeva CRM and Veeva Vault, for managing data, tracking regulatory registrations, and overseeing supply chains. Gassner emphasizes customer focus and long-term sustainable growth. Veeva also became a Public Benefit Corporation in 2021, demonstrating a commitment to serving customers, employees, and society.

Philanthropy

Peter Gassner is known for supporting various educational and charitable organizations. Veeva has also demonstrated philanthropy through its Public Benefit Corporation status.

Career Milestones

1989

Graduated from Oregon State University

Earned a degree in computer science.

1989-1995

IBM

Worked on DB2 for IBM's Silicon Valley Lab and IBM Research at the Almaden Research Center.

1995-2004

PeopleSoft

Served as Chief Architect and General Manager of PeopleTools.

2004-2007

Salesforce.com

Senior Vice President of Technology.

2007

Founded Veeva Systems

Co-founded Veeva Systems to build vertical SaaS for life sciences.

2013

Veeva IPO

Veeva went public on the NYSE.

2021

Veeva Became a Public Benefit Corporation

Veeva converted to a Public Benefit Corporation.

Philanthropy & Social Impact

Charity

Supporting educational and charitable organizations

$XB

Peter Gassner is known for his philanthropic efforts, supporting various educational and charitable organizations.

Business Philosophy & Leadership

Notable Quotes

"In a horse race, you should pay attention first to your own horse. You can't control the other horses."

"I'd rather be really good at some things than be average at a lot of things."

"Customer Dissatisfaction Is My Opportunity"

Leadership Principles

Customer Focus

Emphasizes solving specific industry problems rather than creating generic solutions.

Long-Term Vision

Focuses on sustainable growth and profitability.

Employee Success

Advocates for employee rights and against non-compete agreements.

Speed and Autonomy

Okay with inefficiency if it fosters speed and autonomy.

Controversies & Challenges

2025

Trademark Lawsuit against Microsoft

Veeva sued Microsoft over trademark infringement related to Microsoft's 'Viva' software.

2022

Breakup with Salesforce

Veeva announced it would transition off Salesforce's CRM platform.