Billionaire Profile
Rick Smith
Global Rank
#2760

Image: Mark Harrison | CC BY-SA 4.0 | via Wikimedia Commons

Rick Smith

CEO, Tasers
UNITED STATES
Real-Time Net Worth
$1.409B
Estimated based on Tasers stock value as of April 21, 2026
+0.22% (24h)
Age
55
Source
Tasers
Industry
Technology
Citizenship
UNITED STATES

Biography

Rick Smith is the founder and CEO of Axon Enterprise, a company focused on public safety technology. He founded the company, originally known as TASER International, in 1993 after two friends were tragically killed. Smith's dedication to protecting life has driven the company's mission to make bullets obsolete. With a current estimated net worth of $1.9 Billion, his wealth stems from his ownership stake in Axon. Smith has led Axon in pioneering TASER energy weapons, revolutionizing the body camera industry, and creating the world's leading digital evidence management platform, Evidence.com. He is a recognized leader and innovator in the technology space. Smith has also authored several books and is a prominent speaker. As of May 2025, Smith's compensation package was valued at $164.5 million, the highest among US chief executives.

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

Wealth Over Time

In-Depth Profile

Early Life

Rick Smith's journey began in 1993 in Tucson, Arizona, when he founded what would become Axon Enterprise (originally TASER International). The impetus for his venture was the tragic loss of two friends, which inspired Smith to seek less-lethal alternatives to firearms.

Rise to Success

Smith's leadership at Axon has been marked by significant achievements. He took the company public in 2001. Axon's success is evident in its financial performance. Axon's revenue for 2025 was $2.78 billion, a 33.47% increase from the previous year. The company's market capitalization is over $33 billion. His commitment to innovation has been central to Axon's growth. Axon's shift to body cameras and digital evidence management has been a key strategy, establishing the company as a comprehensive solutions provider in the public safety sector.

Key Business Strategies

Axon's business model has focused on technology for law enforcement, including TASER energy weapons, body-worn cameras, in-car video systems, and cloud-based digital evidence management. The company's strategy includes strategic acquisitions. In 2018, Axon acquired competitor VieVu for $4.6 million in cash and $2.5 million in common stock. Furthermore, Axon's vision extends to integrating AI-powered 911 technology to enhance public safety response capabilities.

Philanthropy

I am sorry, but I don't have information about Rick Smith's exact philanthropy amounts. However, he has dedicated his life to helping public safety serve the communities they are sworn to protect.

Career Milestones

1993

Founded TASER International (now Axon Enterprise)

Founded the company with the mission to protect life.

2001

Took TASER International Public

Took the company public on the Nasdaq.

2009

Published "The Leap: How 3 Simple Changes Can Propel Your Career from Good to Great"

Authored the book to share his insights.

2018

Awarded stock option package

Awarded a performance-based stock option package (equaling an 8% stake in Axon).

Philanthropy & Social Impact

Mental Health & Wellness

Axon Aid Mental Health & Wellness

$0B

Provided support for first responders and families.

Business Philosophy & Leadership

Notable Quotes

"Leadership is not about waiting for disruption to happen and then reacting to it. Leadership is about anticipating disruption, and then writing yourself and your company successfully into the story."

Leadership Principles

Protect Life

Axon's mission is to protect life, which includes making bullets obsolete.