Billionaire Profile
Ryan Smith
Global Rank
#1315

Image: All-Pro Reels | CC BY-SA 2.0 | via Wikimedia Commons

Ryan Smith

CEO, Cloud computing
UNITED STATES
Real-Time Net Worth
$3.264B
Estimated based on Cloud computing stock value as of April 20, 2026
0% (24h)
Age
47
Source
Cloud computing
Industry
Technology
Citizenship
UNITED STATES

Biography

Ryan Smith is an American billionaire businessman, entrepreneur, and sports team owner. He is the co-founder and Executive Chairman of Qualtrics, an experience management software company. Born June 28, 1978, Smith's career began with the founding of Qualtrics in 2002 with his father and brother. His success led to a significant net worth and recognition, including a spot on Fortune's "40 Under 40" list in 2016. As of early 2024, Smith's net worth is estimated to be $3.3 billion. He is also the owner of the NBA's Utah Jazz and co-owner of the Utah Hockey Club.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Ryan Smith was born in Eugene, Oregon, in 1978. He grew up in a family rooted in both business and academia. His father, Scott Smith, was a university professor, and his mother, Nancy, earned a Ph.D. in information systems. Smith attended Brigham Young University (BYU)'s Marriott School of Business, where he founded Qualtrics with his father and brother. He later returned to BYU and completed his degree in 2016.

Rise to Success

In 2002, Ryan Smith co-founded Qualtrics with his father, Scott, and his brother, Jared. The company initially developed tools for creating and analyzing customer feedback surveys. Under Smith's leadership, Qualtrics expanded into a comprehensive, cloud-based platform for employee, customer, and brand experience management, serving over 18,000 customers worldwide by 2019. The company achieved unicorn status in 2017 and was acquired by SAP in 2018 for $8 billion.

Key Business Strategies

Smith's key business strategies included focusing on customer experience and building a strong company culture. He emphasized the importance of immediate feedback to improve products. He also prioritized a balanced approach to work and life, carefully structuring his time to ensure he could excel in both areas. In October 2020, Smith led a group to acquire the Utah Jazz NBA team for $1.66 billion.

Philanthropy

Ryan Smith is known for his philanthropic efforts and community involvement. He has donated millions of dollars to various charitable organizations and educational institutions. In 2025, he co-launched HXCO, a $1 billion venture fund focused on sports, media, and entertainment.

Career Milestones

2002

Co-founded Qualtrics

Co-founded Qualtrics with his father and brother, which later became a leading experience management software company.

2016

Named to Fortune's "40 Under 40"

Recognized as one of the 40 most influential people under 40 by Fortune Magazine.

2018

Qualtrics Acquired by SAP

Qualtrics was acquired by SAP for $8 billion.

2020

Acquired Utah Jazz

Led a group to acquire the Utah Jazz NBA team.

2023

Qualtrics Taken Private

Qualtrics was taken private in a $12.5 billion buyout led by Silver Lake.

Philanthropy & Social Impact

Venture Capital

HXCO Venture Fund

$1B

A venture fund focused on sports, media, and entertainment.