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Stewart Butterfield

Stewart Butterfield

S. Butterfield
-0.03% | - $-0.40M
$1.33 B ₹ 12,118 Cr
Real Time Net Worth #2727 Ranking as of 21 Feb 2026 By Forbes

More on Stewart Butterfield

Gender

Male

Age

52Y

Country

Canada

Born On

March, 1973

Deceased

No

Relationship Status

Married

Children

Unknown

Education

University Of Victoria - BA In Philosophy

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Software)

Primary Organization

Slack

Titles

Co-Founder (Former)

Sources of Wealth

Slack (Sold), Flickr (Sold)

Industry

Software, Technology, Internet

About Stewart Butterfield


S tewart Butterfield is a Canadian technology entrepreneur who has the rare distinction of co-founding two iconic and transformative internet companies: Flickr and Slack. His first major success was Flickr, a pioneering photo-sharing website that he co-founded in 2004. Flickr was one of the earliest and most influential Web 2.0 applications, popularizing online photo sharing and social tagging. It was acquired by Yahoo in 2005.

His second, and much larger, success came from an unexpected pivot. He and his team were developing a web-based multiplayer game, but the game ultimately failed. However, the internal communication tool they had built for themselves to collaborate on the project proved to be incredibly effective. They decided to commercialize this tool, which became Slack. The workplace collaboration and messaging platform was launched in 2013 and became a massive global success, transforming how teams communicate. Slack went public via a direct listing in 2019, and in 2021, it was acquired by Salesforce for $27.7 billion, a deal that cemented Butterfield's billionaire status. He left Slack and Salesforce in 2022.

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Quick Reads


  • Co-founder of the workplace messaging platform Slack.
  • Also a co-founder of the photo-sharing site Flickr.
  • Sold Flickr to Yahoo in 2005.
  • Sold Slack to Salesforce in 2021 for $27.7 billion.
  • Slack was developed as an internal tool for a gaming company that failed.

Early Life and Background


Stewart Butterfield (born Daniel Stewart Butterfield) is a Canadian businessman, the self-made billionaire Co-founder and former CEO of Slack Technologies (NYSE: WORK) and Flickr. His career is rooted in philosophy, social technology, and serial entrepreneurial disruption.

Butterfield holds a B.A. in Philosophy from the University of Victoria and an M.A. in Philosophy from the University of Cambridge. His philosophical approach centers on technological disruption, communication efficiency, and long-term commitment to enterprise collaboration (pioneering the modern business chat model). His career is defined by the successful, large-scale sale of both his primary ventures.

  • Slack Technologies (Co-founder & Former CEO): The core publicly traded asset, the dominant team collaboration and business messaging platform (sold to Salesforce for $27.7 billion in 2021).
  • Flickr (Co-founder & Former Executive): The pioneering photo sharing service (sold to Yahoo! in 2005).
  • Academic Background: He holds an M.A. in Philosophy from Cambridge University and a B.A. from Victoria.
  • Investment Strategy: His success is built on scale software development and creating platforms with strong network effects (a key structural advantage).

Career Journey of Stewart Butterfield


Stewart Butterfield's strategic genius was his commitment to communication tools. 2004: Flickr. He co-founded Flickr (which was sold to Yahoo! in 2005). 2013: Slack. He co-founded Slack (which originated as an internal tool for a failed game development project), recognizing the structural need for a modern, streamlined enterprise communication platform. His structural contribution is immense: pioneering the modern business collaboration software (SaaS) model.

The pinnacle of his financial career was the $27.7 billion sale of Slack to Salesforce in 2021. He stepped down as CEO in 2022. His wealth is secured by the colossal liquid gains from his serial tech exits and the long-term appreciation of his investments.

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Stewart Butterfield's Timeline


1993:

Earns an M.A. in Philosophy from Cambridge University (Academic Achievement).

2004:

Co-founds Flickr (Founding 1).

2005:

Flickr is sold to Yahoo! (Major Exit 1).

2013:

Co-founds Slack (Founding 2).

2021 (July):

Slack is sold to Salesforce for $27.7 billion (Major Exit 2).

2022 (December):

Steps down as CEO of Slack (Executive Transition).

Ongoing:

Continues as Founder and major investor, managing his liquid wealth (Executive Oversight).

Major Business Ventures and Investments


Stewart Butterfield's wealth is concentrated in the liquid capital generated from the $27.7 billion sale of Slack to Salesforce and his prior asset sales (Flickr).

  • Slack Technologies (Co-founder & Former CEO): The core publicly traded asset, the dominant team collaboration and business messaging platform (sold to Salesforce for $27.7 billion in 2021).
  • Flickr (Co-founder & Former Executive): The pioneering photo sharing service (sold to Yahoo! in 2005).
  • Academic Background: He holds an M.A. in Philosophy from Cambridge University and a B.A. from Victoria.
  • Investment Strategy: His philosophy is rooted in long-term investment in software IP and technological disruption (SaaS model).

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Philanthropy and Social Impact


Stewart Butterfield's social impact stems from Slack's role in transforming enterprise communication and productivity globally. His prior venture, Flickr, pioneered the social media photo-sharing model. His personal philanthropy supports various educational and community initiatives, often focused on technology access and computer science education.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Stewart Butterfield maintains the professional, pragmatic style of a technology executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and intellectual depth, typical of a pioneer in the specialized software sector.

Residing in San Francisco, California, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to technology innovation, strategic management, and software architecture.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Co-founder of Slack (sold to Salesforce for $27.7 billion) and Flickr (sold to Yahoo!).
  • He holds an M.A. in Philosophy from Cambridge University.
  • Slack originated as an internal communication tool for a failed video game venture.
  • His fortune is tied to the successful monetization of the SaaS and social platform models.
  • He is known for his commitment to open-source technology and developer empowerment.
  • His philosophy emphasizes technological disruption and communication efficiency.

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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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