Billionaire Profile
Rick Smith
Global Rank
#2111

Image: Public domain | via Wikimedia Commons

Rick Smith

CEO, Axon Enterprise
US
Real-Time Net Worth
$1.8B
As of December 2025
Age
58
Source
Tasers
Industry
technology
Citizenship
US

Biography

Rick Smith is the CEO of Axon Enterprise, a company focused on public safety technology. He founded the company in 1993, driven by a mission to protect life and make bullets obsolete. Smith's career is marked by pioneering innovations in law enforcement technology, including TASER energy weapons and the body camera industry. His estimated net worth is $1.8 billion, reflecting his success in the technology sector. Smith's leadership has been instrumental in building Axon into a leading provider of digital evidence management platforms. His work has significantly impacted public safety practices and technology.

Wealth Over Time

In-Depth Profile

Early Life

Rick Smith's journey began in 1993 when he founded Axon Enterprise (originally TASER International) in response to the tragic shooting deaths of two of his friends. This event fueled his dedication to developing technology that would enhance public safety and reduce the need for lethal force. Smith's family played a crucial role in the company's early stages, even risking financial hardship to get it off the ground, highlighting Smith's commitment and the initial challenges faced by the company.

Rise to Success

Under Smith's leadership, Axon pioneered the development of TASER energy weapons, transforming the landscape of law enforcement tools. The company expanded into body-worn cameras, recognizing the importance of transparency and accountability in policing. Axon also built the Evidence.com platform, a leading digital evidence management system, further solidifying its position in the public safety sector.

Key Business Strategies

Axon's strategic focus involves continuous innovation in public safety technology. The company has expanded into cloud-based solutions, software, and sensors, demonstrating a commitment to a comprehensive approach. Axon has also broadened its offerings to include drones and AI-powered solutions, with the goal of providing an integrated ecosystem for law enforcement and public safety agencies. Axon's recent financial reports show strong revenue growth, with the company raising its full-year 2025 revenue guidance to $2.6 to $2.7 billion.

Philanthropy

Information on Rick Smith's specific philanthropic contributions is not readily available in the search results. However, Axon's mission aligns with broader philanthropic goals in public safety and community well-being. The company's focus on reducing gun-related deaths exemplifies its commitment to making a positive societal impact.

Career Milestones

1993

Founded TASER International (now Axon Enterprise)

Founded the company with the mission of protecting life.

2001

TASER International IPO

Led the company through its initial public offering.

2019

Published "The End of Killing"

Authored a book exploring technology's role in solving the problem of killing.

Philanthropy & Social Impact

Public Safety

Axon's Moonshot Goal

$XB

Axon aims to cut gun-related deaths between police and the public by 50% by 2033.