Ryan Smith Biography
Ryan Smith is a multibillionaire businessman from the United States. He is the executive chairman and co-founder of Qualtrics, a customer experience management firm based in Provo, Utah, USA.
How old is Ryan Smith? – Age
He is 44 years old as of 2021. He was born S. Ryan Smith in 1977 in Eugene, Oregon, United States.
Ryan Smith Family – Education
Scott M. Smith, his father, is a university professor and one of the co-founders of Qualtrics. Nancy Smith Hill, Ryan’s mother, is an entrepreneur with a Ph.D. in information systems. Qualtrics was founded by him, his father, and his brother, Jared Smith, while he was a student at Brigham Young University’s Marriott School of Business. He dropped out of school during his junior year to devote more time to Qualtrics, but he eventually returned and completed his degree in 2016.
Who is Ryan Smith’s Wife?
Smith is married to Ashley Smith. The couple has five children and they together live in Provo, Utah.
Ryan Smith Net Worth
Forbes estimated Smith’s net worth to be $1.6 billion as of September 2021. He was named one of Fortune’s “40 Under 40” in 2016.
Ryan Smith Utah Jazz
Gail Miller announced on October 28, 2020, that Smith had agreed to purchase a majority stake in the Utah Jazz NBA franchise. The purchase agreement also included Vivint Arena, the NBA G League’s Salt Lake City Stars, and Salt Lake Bees management. Miller had previously placed the Jazz in a legacy trust with the goal of keeping the team in Utah.
What is Qualtrics Net Worth?
In 2002, he co-founded the company, known for its customer and employee feedback surveys, in Provo, Utah, with his brother, Jared, and father, Scott. Qualtrics was acquired for $8 billion in cash by German software firm SAP three days before its scheduled IPO in January 2019. In late January 2021, SAP spun off Qualtrics as a separate public company; Smith purchased approximately $120 million in stock.
Qualtrics launched a cloud-based subscription software platform for experience management in March 2017. On November 11, 2018, SAP announced the acquisition of Qualtrics for $8 billion. On January 23, 2019, the acquisition was completed. SAP announced its intention to take Qualtrics public on July 26, 2020, and the company began trading on the Nasdaq on January 28, 2021. On January 11, 2021, technical trade media reported that Brad Anderson, a Microsoft high-level executive, was leaving for Qualtrics.
Is Qualtrics Mormon?
It joined the ranks of other recently minted unicorns led by Mormon men, such as Domo, a data analytics company founded by James in 2010; and Inside Sales, a CRM platform founded by Dave Elkington and recently valued at $1.5 billion.