PERSON: Robert Smith


Employer

Vista Equity Partners
Position

Founder, Chairman, and CEO
Biography

Robert Frederick Smith (born December 1, 1962) is an American billionaire businessman and philanthropist. He is the founder, chairman, and CEO of private equity firm Vista Equity Partners. He graduated from Cornell University with a chemical engineering degree and from Columbia Business School with an MBA, before working as an investment banker at Goldman Sachs.

N 1988, Smith married his first wife, fellow Cornell alum Suzanne McFayden. They divorced in 2014. Smith married Hope Dworaczyk, the founder and CEO of skincare company MUTHA, a former Playboy playmate, healthy living advocate, and fashion editor, on July 25, 2015, after she gave birth to their first child in December 2014. Smith has three children with his first wife. He also has two sons and two daughters with his wife Hope. Smith owns homes in Austin, Texas, Malibu, California, New York City, Denver, and Florida.

Smith partnered with Matthew Burkett to purchase the historic Lincoln Hills, Colorado property in Gilpin County in 2007 and convert it into an exclusive invitation-only fly fishing club. Lincoln Hills was founded in 1922 as a destination summer resort for Black families. He now uses it to host musicians and underprivileged schoolchildren.

In a 2018 cover story, Forbes said that Smith the wealthiest African-American, passing Oprah Winfrey. As of 2024, Smith was one of 15 Black billionaires in the world. In April 2024, Forbes reported Smith was the 266th richest person in the world, and in October 2024, Forbes reported Smith’s net worth to be $10.8 billion, and that he was the 88th richest person in the United States.

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