Bob Parsons, an American entrepreneur, billionaire, and philanthropist, has made an indelible mark in the tech and business world. Best known for founding GoDaddy, his ventures have spanned various industries, amassing a substantial fortune.
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Table of Contents
Who is Bob Parsons?
Robert Ralph Parsons, born on November 27, 1950, in Baltimore, Maryland, is the founder and former CEO of the GoDaddy group of companies. His entrepreneurial spirit has led him to establish numerous successful businesses across different sectors.
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How old is Bob Parsons?
As of 2024, Bob Parsons is 73 years old.
Education and Career
Parsons grew up in a financially struggling family in Baltimore. Despite early academic challenges, he joined the U.S. Marine Corps, serving in Vietnam. Post-service, he earned an accounting degree from the University of Baltimore, graduating magna cum laude. Parsons launched his career in IT and software sales, leading to his first major venture, Parsons Technology.
What is Bob Parsons Net worth?
Bob Parsons’ net worth is estimated at $3.6 billion as of 2024.
How did Bob Parsons make his money?
Parsons made his fortune primarily through technology and entrepreneurship. He sold Parsons Technology to Intuit for $64 million in 1994. In 1997, he founded GoDaddy, which became a leading domain registrar and web hosting company. He sold a significant portion of GoDaddy to a private equity group, contributing notably to his wealth.
What companies does Bob Parsons own?
Through YAM Worldwide, founded in 2012, Parsons owns more than a dozen companies. These include PXG (Parsons Xtreme Golf), Scottsdale National Golf Club, Harley-Davidson of Scottsdale, GO AZ Motorcycles, SNEAKY BIG, YAM Properties, and YAM Capital.
Is Bob Parsons a doctor?
Parsons is not a medical doctor. He holds an honorary Doctor of Humane Letters degree from the University of Baltimore, awarded in 2008 for his achievements and contributions.
Who is the original owner of GoDaddy?
Bob Parsons is the original founder of GoDaddy, establishing the company in 1997 and leading it to become a major player in the internet domain industry.
Conclusion
Bob Parsons’ journey from a challenging upbringing to becoming a billionaire exemplifies the quintessential American success story. His contributions to technology, entrepreneurship, and philanthropy have left a lasting impact. Parsons’ story is one of resilience, innovation, and unwavering dedication to his visions.
FAQs about Bob Parsons
- What inspired Bob Parsons to start GoDaddy? Parsons started GoDaddy after selling Parsons Technology, aiming to create a game-changing company in the burgeoning internet domain industry.
- Has Bob Parsons received any military honors? Yes, he received the Combat Action Ribbon, the Vietnam Gallantry Cross, and the Purple Heart for his service in Vietnam.
- What philanthropic activities is Bob Parsons involved in? Through The Bob & Renee Parsons Foundation, he supports numerous non-profit organizations, focusing primarily on the greater Phoenix area. He has also joined The Giving Pledge.
- What led to the sale of GoDaddy? In 2011, Parsons sold a major stake in GoDaddy to a private equity consortium to diversify his investments and focus on new entrepreneurial ventures.
- What is Parsons’ vision for his companies under YAM Worldwide? Parsons aims to foster innovation and entrepreneurship across various sectors, including sports, real estate, and marketing, through his YAM Worldwide enterprises.
