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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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.
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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Serves in the U.S. Marine Corps during the Vietnam War; wounded in action (Military Service).
Graduates from the University of Baltimore (B.S. Accounting) magna cum laude.
Founds his first software company, Parsons Technology (First Venture).
Sells Parsons Technology to Intuit for $64 million (First Exit).
Founds GoDaddy.com (Second Venture).
Sells a majority stake in GoDaddy in a $2.3 billion deal (Major Exit).
Founds YAM Worldwide, Inc. and The Bob & Renee Parsons Foundation (Pivot to Investment/Philanthropy).
Founds PXG (Parsons Xtreme Golf) (Third Venture).
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.
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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.
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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“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.”
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-0.14% | -$2.29M
-0.14% | -$3.93M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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