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Bob Parsons

Bob Parsons

B. Parsons
4.79% | + $186.00M
$4.07 B ₹ 37,044 Cr
Real Time Net Worth #1037 Ranking as of 21 Feb 2026 By Forbes

More on Bob Parsons

Gender

Male

Age

75Y

Country

United States

Born On

November, 1950

Deceased

No

Relationship Status

Married

Children

3

Education

University Of Baltimore - Bachelor Of Science In Accounting

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Web Hosting)

Primary Organization

YAM Worldwide

Titles

Founder

Sources of Wealth

GoDaddy, Parsons Xtreme Golf

Industry

Technology, Investments, Sports, Philanthropy

About Bob Parsons


B ob Parsons is a colorful and outspoken American entrepreneur who founded the web hosting giant GoDaddy. A U.S. Marine Corps veteran who served in the Vietnam War, Parsons had a background in accounting and taught himself how to program. In 1997, he founded GoDaddy in his garage, building it into the world's largest domain name registrar through aggressive pricing and notoriously edgy and controversial Super Bowl advertising campaigns.

He sold a majority stake in GoDaddy to a group of private equity firms in 2011 for over $2.2 billion and has since focused on his other ventures through his company, YAM Worldwide. His new businesses are diverse, including a high-end golf club (Scottsdale National), a custom motorcycle dealership (Harley-Davidson of Scottsdale), and a luxury golf equipment brand (Parsons Xtreme Golf, or PXG). He is also a major philanthropist, having established The Bob & Renee Parsons Foundation with his wife, which has donated hundreds of millions to various causes, particularly for veterans and disadvantaged communities.

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Quick Reads


  • Founder of the domain registrar and web hosting company GoDaddy.
  • Sold a majority of GoDaddy in 2011 for over $2.2 billion.
  • Now runs YAM Worldwide, which includes ventures like Parsons Xtreme Golf (PXG).
  • A U.S. Marine Corps veteran who was awarded the Purple Heart for his service in Vietnam.
  • A major philanthropist through The Bob & Renee Parsons Foundation.

Early Life and Background


Born in Baltimore, Maryland, in 1950, Bob Parsons is an American entrepreneur, philanthropist, and founder of GoDaddy and PXG (Parsons Xtreme Golf). His early life was challenging: he grew up in a blue-collar environment and nearly failed out of high school. His trajectory changed in 1968 when he enlisted in the United States Marine Corps.

Parsons served during the Vietnam War, where he was wounded in action and earned the Purple Heart Medal and the Combat Action Ribbon. This military experience instilled in him the extreme mental toughness, discipline, and 'courage' that he credits for his later business success. Using the G.I. Bill, he attended the University of Baltimore, randomly choosing accounting as his major, and graduated magna cum laude in 1975. During college, he taught himself computer programming, a hobby that led to his first software company.

Career Journey of Bob Parsons


Bob Parsons' career is defined by three major, successful ventures. 1984: Parsons Technology. He founded his first business in his basement, writing accounting software. He grew it to nearly $100 million in annual revenue before selling it to Intuit in 1994 for $64 million. This exit provided the capital for his next audacious move. 1997: GoDaddy. Parsons launched GoDaddy (originally Jomax Technologies), recognizing the massive untapped potential of website registration. GoDaddy revolutionized the industry with aggressive, often controversial, and sexually charged advertising (including famous Super Bowl ads) and cheap pricing, quickly becoming the world's largest domain name registrar.

Parsons sold a majority stake in GoDaddy in 2011 in a deal valuing the company at $2.3 billion, and fully stepped down in 2018. 2013: PXG. In retirement, driven by his passion for golf, he founded Parsons Xtreme Golf (PXG), a luxury, high-end golf equipment brand. PXG quickly became a multi-million dollar venture, marking his third company to be recognized as one of America's fastest-growing private companies.

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Bob Parsons's Timeline


1968–1970:

Serves in the U.S. Marine Corps during the Vietnam War; wounded in action (Military Service).

1975:

Graduates from the University of Baltimore (B.S. Accounting) magna cum laude.

1984:

Founds his first software company, Parsons Technology (First Venture).

1994:

Sells Parsons Technology to Intuit for $64 million (First Exit).

1997:

Founds GoDaddy.com (Second Venture).

2011 (July):

Sells a majority stake in GoDaddy in a $2.3 billion deal (Major Exit).

2012:

Founds YAM Worldwide, Inc. and The Bob & Renee Parsons Foundation (Pivot to Investment/Philanthropy).

2013:

Founds PXG (Parsons Xtreme Golf) (Third Venture).

Major Business Ventures and Investments


Bob Parsons's wealth is managed through his private holding company, YAM Worldwide, Inc. (YAM stands for 'You And Me'), which manages his diverse portfolio of investments.

  • GoDaddy (Founder & Former Executive Chairman): The core source of his fortune, the world's largest domain name registrar, sold in 2011 for a valuation of $2.3 billion.
  • PXG (Parsons Xtreme Golf) (Founder & CEO): A major post-GoDaddy success, specializing in high-end, custom golf equipment and apparel, known for its distinctive and expensive branding.
  • YAM Worldwide, Inc.: Controls his holdings in real estate, finance, marketing, and luxury dealerships, including Harley-Davidson of Scottsdale and Scottsdale National Golf Club.
  • Parsons Technology (Founder): His first successful software company, sold to Intuit in 1994 for $64 million.

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Philanthropy and Social Impact


Bob Parsons is a dedicated philanthropist, channeling his significant fortune through The Bob & Renee Parsons Foundation (founded 2012). His giving is highly focused on supporting marginalized populations, veterans, and military families, reflecting his personal background as a wounded veteran.

  • Key Causes: Provides transformational grants in areas of homelessness, medical care, LGBTQ youth, and the needs of wounded veterans.
  • Veteran Support: His service in the Vietnam War and subsequent Purple Heart drive his commitment to veteran causes.
  • Animal Welfare: The foundation is a major supporter of animal welfare and pet rescues.

Fashion, Style, and Lifestyle


Bob Parsons maintains the bold, unapologetic, and rugged style of a self-made Texas/Arizona entrepreneur and Marine veteran. His attire is often casual, favoring high-end leather, customized apparel from his PXG line, and a general aesthetic that is highly visible and confident. He often embraces the 'edgy' reputation cultivated by GoDaddy's early advertising.

Residing in Scottsdale, Arizona, his luxury is the highly customized nature of his ventures: he owns the Scottsdale National Golf Club, a vast motorcycle dealership (Harley-Davidson of Scottsdale), and his personal manufacturing business, The YAMWOOD Foundry, which creates custom furniture and designs. His life is an expression of high-octane leisure, combining his passions for golf and motorcycles with his immense financial power.

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Quotes and Philosophy


“The definition of courage is being afraid of something and doing it anyway.”

“Hard work and persistence despite failure are the hallmarks of a successful professional career.”

“You should never be afraid to advertise aggressively and make yourself stand out.”

Fun Facts & Trivia


  • He is a Vietnam War veteran and a Purple Heart recipient.
  • He founded GoDaddy, the world's largest domain registrar.
  • He sold a majority stake in GoDaddy in 2011 for a valuation of $2.3 billion.
  • He founded PXG (Parsons Xtreme Golf), a luxury golf equipment company.
  • He sold his first company, Parsons Technology, to Intuit for $64 million.
  • He is known for his commitment to veterans' needs and LGBTQ youth through his foundation.
  • His father was a furniture salesman and he nearly flunked out of high school.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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