Jared Smith is an American businessman, the self-made billionaire Co-founder and former President of Qualtrics, a leading experience management (XM) software company. His wealth is rooted in the high-growth cloud computing and enterprise software sector.

Smith co-founded Qualtrics in 2002 in Provo, Utah, with his brother, Ryan Smith (CEO), and his father, Scott Smith (a BYU professor). His academic background is distinguished: he holds a Bachelor of Science degree from the London School of Economics (LSE). His career is defined by his commitment to innovation in enterprise software and the management of customer and employee experience data.

• Qualtrics (Co-founder & Former President): The core wealth generator, a dominant experience management (XM) software company. Acquired by SAP for $8 billion in 2019, and then by Silver Lake/CPP Investments for $12.5 billion in 2023.
• Software Innovation: His company built the leading platform for managing customer and employee experience data.
• Academic Background: He holds a B.S. from the London School of Economics (LSE).
• Family Governance: He co-founded the company with his father and brother, Ryan Smith (who later became owner of the Utah Jazz).

Jared Smith's strategic genius was his commitment to bootstrapping Qualtrics for many years, relying on minimal external funding while focusing intensely on product development and customer value. His leadership as President (while his brother Ryan was CEO) guided the company to global market leadership in the niche of experience management (XM).

The company faced two massive financial events: first, the acquisition by German software giant SAP for $8 billion in cash in January 2019 (three days before its scheduled IPO); and second, the subsequent sale to Silver Lake and CPP Investments in March 2023 for a $12.5 billion valuation. Smith owned about 14 percent of the company at the time of the first sale. His wealth is tied to the colossal, successive monetization of the technology asset and his long-term vision in cloud software.

Jared Smith's social impact is structural, stemming from Qualtrics' role in providing essential experience management software for global corporations, fundamentally improving customer satisfaction and employee engagement metrics. The company provides thousands of stable jobs in the technology and cloud computing sectors.

His personal philanthropy supports various educational and community initiatives in Utah. His structural contribution is tied to the successful creation and monetization of a global enterprise software category (XM).

Jared Smith maintains the professional, high-energy style of a technology executive. His attire is consistently modern and high-quality, favoring tailored business casual wear. His aesthetic reflects confident, data-driven authority, typical of a leader in the cloud software sector.

Residing in Provo, Utah, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology investment, software innovation, and the long-term pursuit of data analytics and AI solutions.