#3121
Scott Smith
Overview
- Source of Wealth
- Cloud computing
- Industry
- Technology
- Residence
- Provo, Utah
- Education
- Brigham Young University (Bachelor of Arts/Science)Michigan State University (Master of Business Administration)Pennsylvania State University (Ph.D)
- Marital Status
- Married
- Children
- 9
Biography
Scott Smith is one of three cofounders of Utah-based cloud computing company Qualtrics.
He cofounded the company in Provo, Utah in 2002 with his two sons, Ryan and Jared; Ryan is the CEO.
Three days before its scheduled IPO in January 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash.
Scott owned about 14% of the company at the time of the sale.
The company sold a second time in March 2023 to Silver Lake and CPP Investments at a $12.5 billion valuation.