B ill Stone is the founder, chairman, and CEO of SS&C Technologies, a global provider of investment and financial software-enabled services. He launched the company in 1986 in his basement in Connecticut with just $20,000 in savings from his previous job at KPMG. Stone built SS&C into a fintech giant by acquiring over 50 companies, aggressively expanding its capabilities in fund administration, wealth management, and insurance software.
He has taken the company public twice, first in 1996 (privatized in 2005) and again in 2010. Known for his hands-on leadership style and deal-making prowess, Stone has grown SS&C's annual revenue to over $5 billion. He remains the largest individual shareholder, and his journey from an accountant to a billionaire tech mogul is a classic American success story. He is also a dedicated philanthropist, supporting education and healthcare in his home state of Indiana.
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Bill Stone is an American businessman, the founder of financial-software firm SS&C Technologies (NASDAQ: SSNC).
He started the company in 1986 with the $20,000 he had saved from his days as a KPMG executive. His product became popular among asset managers, bankers and insurers who wanted to electronically manage their books.
William Stone's career is marked by resilience and strategic management. He guided SS&C to an IPO in 1996, but the dot-com crash nearly crippled the company in 2001.
Stone responded by pivoting the strategy: he refocused and added services such as data centers, before taking the company private in 2005. A resurgent SS&C went public again in 2011. Stone remains the firm's largest individual shareholder, with a 15% stake.
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Started SS&C Technologies with $20,000.
Guided the firm to its first IPO.
The dot-com crash nearly crippled the company.
Took the company private.
A resurgent SS&C went public again.
William Stone's wealth is concentrated in his founding equity and continued ownership of the publicly traded fintech giant, SS&C Technologies.
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-0.02% | -$1.39M
+0.03% | +$0.66M
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