Robert F Smith Bio | Wiki
Robert F Smith is a noted American billionaire businessman and philanthropist. He works as the founder, chairman, and CEO of private equity firm Vista Equity Partners. The firm had closed more than $46 billion of funding as of 2019. In addition, Forbes listed his net worth as $8 Billion as of 2023.
Robert F Smith Age
He was born in Denver, Colorado, in the United States on December 1, 1962. Smith is 61 years old. Therefore, he celebrates his birthday every year on December 1.
Robert F Smith Height
He is a man of above-average stature. Smith stands at a height of 5 ft 10 in ( approx. 1.78m ).
Robert F Smith Family | Parents
He was born in Denver, Colorado, in the USA to supportive parents. Smith holds American nationality. He is the son of William Robert Smith and Sylvia Myrna Smith who were both school teachers holding PhDs.
Robert F Smith First Wife Suzanne | Ex Wife | Wife Suzanne McFayden
He has been married twice and divorced once. He was first married to fellow Cornell alum Suzanne Mcfayden from 1988 to 2014. From their marriage, the couple has a son Maximos Robert Smith and two daughters Zoe Suzanne Smith and Eliana Frederick Smith.
Robert F Smith Wife
On July 25, 2015. He married Hope Dworaczyk after she gave birth to their first child in December 2014. Hope works as the founder and CEO of skincare company MUTHA, a former Playboy playmate, healthy living advocate, and fashion editor. Moreover, he has homes in Austin, Texas, Malibu, California, New York City, Denver, and Florida.
Robert F Smith Education | Alpha Phi Alpha
He is an educated man he studied at Carson Elementary School and East High School. While in High school, he applied for an internship at Bell Labs but was told the program was intended for college students. In 1985, he earned his bachelor’s degree in chemical engineering from Cornell University where he was an Alpha Phi Alpha. He then moved to Columbia University where he received his MBA with concentrations in finance and marketing.
Robert F Smith Daughter
Smith has two daughters; Zoe Suzanne Smith and Eliana Frederick Smith from his first marriage with Suzanne McFayden. His daughter Eliana attended Barnard College where she majored in English. He and Suzanne also have a son, Maximos Robert Smith.
Robert F Smith House | Austin House | Home
He has homes in Austin, Texas, Malibu, California, New York City, Denver, and Florida. In November 2020, he bought Two North Palm Beach Homes for $48.19 Million. He bought the properties from energy drinks entrepreneur Russ Weiner. In 2021, he placed his four-bed, five-bath home on the market for $24.5 million after purchasing it two years ago for $18.7 million.
Robert F Smith Morehouse | Pays off Student Loans | Philanthropy
He is dedicated much of his life to furthering educational opportunities for Black and minority students. Smith offered a personal gift of $50 million to help launch the Student Freedom Initiative. He gifted the school through his Fund II Foundation a charitable nonprofit. Smith pledged a reported $34M in student loan debt, ” during his 2019 commencement speech at Morehouse College. He also launched The Student Freedom Initiative, a nonprofit led by Smith, to benefit HBCU students according to Time in June 2020.
In 2019, he was the guest where he gave a commencement address, he received an Honorary Doctor of Humane Letters. Moreover, he paid off the debts of his 2019 classmates that same year, a pledge gift that reached $34 million. Additionally, he offered $1.5 Million to fund endowed scholarships and a park for outdoor education. in 2019.
Robert F Smith Book
Smith shared his review of Standing at the Scratch Line a book authored by Guy Johnson for our ongoing series of book reviews by leaders from the worlds of business, academia, entertainment, and politics. He also shared his review of three other books including:
- Stamped from the Beginning by Ibram X. Kendi
- The Alchemist by Paulo Coelho
- Principles: Life and Work by Ray Dalio
Robert F Smith Political Party
He has donated at least $1.6 million to the Democratic National Committee according to Open Secrets. Smith also donated thousands more to specific Democratic candidates like Hillary Clinton, Kamala Harris, Chuck Schumer, and Barack Obama. In addition, he also donated $5,000 to Republican Mitt Romney.
Robert F Smith Interview | News
Smith appeared in an interview with MSNBC’s Symone Sanders on March 10, 2023, where he discussed the importance of financial inclusion for underrepresented communities, the need for Black Americans to be represented in the media, and the example he hopes to set for future generations.
Robert F Smith Broncos
NFL urged Smith to buy the Denver Broncos to help the league address the racial equality crisis on July 2022. However, he lost a contest to buy the team to Walmart heir Rob Walton, the 59-year-old billionaire. He avoided federal prosecution over evading taxes on hundreds of millions of dollars in investment profits by cooperating as a witness against Robert Brockman. Robert a Vista seed investor was criminally indicted in 2020 in a record-breaking $2 billion tax fraud case.
Robert F Smith Vista | Billionaire | Company
He works as Founder, Chairman, and CEO of Vista Equity Partners where he directs Vista’s investment strategy, firm governance, and investor relations. Smith generates a 30 percent rate of return for his investors from the company’s inception to 2020. Moreover, Vista Equity Partners was the fourth largest enterprise software company after Microsoft, Oracle, and SAP as of 2019.
The firm has offices in Austin, Texas, Chicago, and San Francisco. The firm also ranked 16th in Private Equity International’s PEI 300 ranking of the largest private equity firms in the world in June 2023. In addition as of 2022, the firm has a total assets under management of $96 Billion as of 2022.
Robert F Smith Net Worth | Billionaire Net Worth
Forbes listed his net worth as $8 Billion as of 2023 from his firm Vista Equity Partners which has a total assets under management of $96 Billion as of 2022.
Robert F Smith Net Worth 2022
In 2022, his net worth increased from previously $6 billion in 2021 to $6.7 Billion.
Robert F Smith Net Worth 2020 | Net Worth 2021
In 2020, Smith had an estimated net worth of $5 Billion according to Forbes list. His net worth increased to be around $6 billion as of 2021.
How Much Is Robert F Smith Worth
He has an estimated net worth of $8 Billion as of 2023 from working as founder, chairman, and CEO of private equity firm Vista Equity Partners. In 2022, his net worth was estimated to be $6.7 Billion.
Who Is Robert F Smith
Smith is a 61-year-old American billionaire businessman and philanthropist. He works as the founder, chairman, and CEO of private equity firm Vista Equity Partners. The firm had closed more than $46 billion of funding as of 2019. Vista Equity Partners has a total assets under management of $96 Billion as of 2022. In addition, Forbes listed his net worth as $8 Billion as of 2023.
Is Robert F Smith Married
Yes. In 2015, he married Hope Dworaczyk after she gave birth to their first child in December 2014. Before, he was first married to fellow Cornell alum Suzanne McFayden from 1988 to 2014. Moreover, he has homes in Austin, Texas, Malibu, California, New York City, Denver, and Florida.
Smith’s Social Media Account
Twitter – @RFS_Vista
Instagram – robertfredericksmith