Thomas Siebel Net Worth

Thomas Siebel Net Worth: The Story of a Successful Entrepreneur

Introduction

Thomas Siebel is a well-known name in the tech industry. He is a successful entrepreneur and philanthropist who co-founded Siebel Systems, one of the world’s leading software companies. He is also the founder and CEO of C3.ai, a software company that provides enterprise AI software solutions. With a career spanning several decades, Thomas Siebel has made a significant impact on the tech industry, and his achievements are worth noting. In this article, we will delve deeper into Thomas Siebel’s life and career, exploring his net worth, personal life, real estate, and legacy.

What is Thomas Siebel’s Net Worth and Salary?

Thomas Siebel’s net worth is estimated to be around $3.7 billion, according to Forbes. A significant portion of his wealth comes from his stake in C3.ai, which was valued at $4.3 billion after its IPO in December 2020. Additionally, he has made substantial earnings from his previous company, Siebel Systems, which was acquired by Oracle for $5.85 billion in 2006. Siebel has also made significant contributions to philanthropic causes, with donations exceeding $250 million.

Early Life and Education

Thomas Siebel was born on November 20, 1952, in Chicago, Illinois, the United States. He attended the University of Illinois, where he earned a Bachelor of Arts in History, an M.B.A, and an M.S in Computer Science. After completing his education, he worked for Oracle Corporation and Gain Technology before co-founding his own company, Siebel Systems.

Career

Thomas Siebel’s career in the tech industry began in the early 1980s when he worked for Oracle Corporation as a sales representative. In 1986, he co-founded Gain Technology, a company that provided integrated software solutions for financial services. In 1993, Siebel co-founded Siebel Systems, a software company that provided customer relationship management (CRM) software. The company grew rapidly, becoming one of the world’s leading CRM software providers. In 2006, Oracle Corporation acquired Siebel Systems for $5.85 billion.

In 2009, Siebel founded the Siebel Energy Institute, a non-profit research institute dedicated to solving some of the world’s most pressing energy problems. In 2013, he founded C3.ai, an AI software company that provides enterprise AI software solutions. C3.ai has partnered with several major companies, including Microsoft and Amazon Web Services, and has been valued at $4.3 billion after its IPO in December 2020.

Personal Life

Thomas Siebel is a private person who keeps his personal life away from the public eye. He is married with children and resides in the San Francisco Bay Area.

Real Estate

Thomas Siebel owns several properties across the United States, including an estate in Montana and a house in Atherton, California. The Atherton property, which he purchased from Hewlett-Packard in 2004, is estimated to be worth over $60 million.

Legacy

Thomas Siebel’s legacy in the tech industry is significant. He co-founded Siebel Systems, one of the world’s leading software companies, and made substantial contributions to the industry through his work with C3.ai. Additionally, his philanthropic contributions have made a significant impact on society.

FAQs

1. What is Thomas Siebel’s greatest achievement?

Thomas Siebel’s greatest achievement is arguably co-founding Siebel Systems, a software company that provided customer relationship management (CRM) software. The company grew rapidly, becoming one of the world’s leading CRM software providers.

2. How did Thomas Siebel become successful?

Thomas Siebel became successful by co-founding Siebel Systems, one of the world’s leading software companies. He also founded C3.ai, an AI software company, which has been valued at $4.3 billion after its IPO in December 2020. Additionally, his philanthropic contributions have made a significant impact on society.

3. What are some of Thomas Siebel’s philanthropic contributions?

Thomas Siebel has made philanthropic contributions to several causes, including education, healthcare, conservation, and the environment. He has donated over $250 million to various philanthropic causes, including the Thomas and Stacey Siebel Foundation, the Meth Project Foundation, and the Montana Meth Project.

4. What is the Siebel Energy Institute?

The Siebel Energy Institute is a non-profit research institute founded by Thomas Siebel in 2009. The institute is dedicated to solving some of the world’s most pressing energy problems, such as reducing greenhouse gas emissions, developing renewable energy sources, and improving energy efficiency.

5. What is C3.ai?

C3.ai is an AI software company founded by Thomas Siebel in 2013. The company provides enterprise AI software solutions, including predictive maintenance, fraud detection, and supply chain optimization. C3.ai has partnered with several major companies, including Microsoft and Amazon Web Services.

6. What is Thomas Siebel’s net worth?

Thomas Siebel’s net worth is estimated to be $3.7 billion, according to Forbes.

7. What is Thomas Siebel’s most valuable asset?

Thomas Siebel’s most valuable asset is his stake in C3.ai, which was valued at $4.3 billion after its IPO in December 2020.

8. Where does Thomas Siebel live?

Thomas Siebel resides in the San Francisco Bay Area and owns several properties across the United States, including an estate in Montana and a house in Atherton, California.

9. What is the Atherton property?

The Atherton property is a house in Atherton, California, which was purchased by Thomas Siebel from Hewlett-Packard in 2004. The property is estimated to be worth over $60 million.

10. What is Thomas Siebel’s educational background?

Thomas Siebel earned a Bachelor of Arts in History, an M.B.A, and an M.S in Computer Science from the University of Illinois.

11. What was Siebel Systems?

Siebel Systems was a software company co-founded by Thomas Siebel in 1993. The company provided customer relationship management (CRM) software and grew rapidly, becoming one of the world’s leading CRM software providers. In 2006, Oracle Corporation acquired Siebel Systems for $5.85 billion.

12. What is Gain Technology?

Gain Technology was a company co-founded by Thomas Siebel in the late 1980s. The company provided integrated software solutions for financial services.

13. When was Siebel Systems acquired by Oracle?

Siebel Systems was acquired by Oracle Corporation in 2006 for $5.85 billion.

14. What is the value of C3.ai?

C3.ai was valued at $4.3 billion after its IPO in December 2020.

15. What is Thomas Siebel’s role in C3.ai?

Thomas Siebel is the founder and CEO of C3.ai.