Do you know who is the 163rd richest individual in the United States and the 480th richest person in the world? Robert F. Smith is the name of the character. He is an American businessman, investor, and philanthropist, to be precise. Smith is also the founder, chairman, and CEO of Vista Equity Partners, a private equity business.

What is the net worth of Robert F. Smith?

According to Forbes, Robert F. Smith’s net worth is estimated to be $5 billion as of 2020, making him the wealthiest African-American in the United States. He is, after all, the first self-made billionaire on Wall Street. In 2015, Vista Equity Partners’ investments yielded a 30 percent yearly return on average. With a net worth of $2.5 billion, he entered the Forbes 400 for the first time, placing him at No. 269 on the list of wealthiest Americans and the second-richest African-American.

Smith pushed Oprah out of first place in 2018 when Forbes put his net worth at $4.4 billion, making him the wealthiest African American nation. It also manages over $30 billion in assets and is regarded as one of the best-performing private equity firms, with annual realized yields of 31% (including exits) since its inception.

According to the Wall Street Journal, a former Goldman Sachs investment banker has purchased a $59 million three-story penthouse in New York. In 2016, Robert and his wife Hope purchased a $20 million Malibu property from Yolanda Hadid of the Real Housewives of Beverly Hills. The mansion is 11,622-square-foot, and it is now rented by Kylie Jenner, another reality TV star.

In 2018, Robert F. purchased a $59 million penthouse in Manhattan’s Chelsea area. The residence is spread out over two storeys and has a total living area of 10,000 square feet, with six bedrooms, seven bathrooms, and a private rooftop patio with a pool.

Smith and his family currently reside in Austin, Texas.

Donation

Similarly, in 2016, Smith contributed $20 million to the National Museum of African American History and Culture. He also teamed with the Fund II Foundation (of which he is president) on a $50 million commitment to Cornell University’s engineering department to help increase the presence of women and minorities.

 (Robert F. Smith donated $20 million to the African American museum)

According to Open Secrets, Robert has donated $1.6 million to the Democratic National Committee. According to a research group, he also gave $5,000 to Republican Mitt Romney.

F. also contributed thousands of dollars to individual Democratic politicians such as Barack Obama, Hillary Clinton, Kamala Harris, and Chuck Schumer.

Early Childhood Development and Education

Robert Frederick Smith, better known as Robert F. Smith, was born on December 1, 1962, in Denver, Colorado, United States. He was also born to Dr.William Robert Smith (father) and Dr.Sylvia Myma Smith (mother) (mother). He is of African-American origin and possesses American citizenship.

Robert went to Carson Elementary School and East High School in Denver for his education. After that, he went to Cornell University. He joined the Alpha Phi Alpha fraternity at Cornell. F. received his MBA in finance and marketing from Columbia Business School.

Robert worked as a chemical engineer at Air Products & Chemicals, Kraft General Foods, and Goodyear Tire & Rubber Company. He also acquired two US patents and two European patents. Smith invested in Goldman Sachs from 1994 to 2000.

Robert F. Smith’s height and weight

Robert F. has kept his body in good shape despite being a wealthy star. His height is 5 feet and 9 inches (175cm), and his weight is 75 kilograms (165 lbs). Smith’s physique measurements are 42-12.5-36, and he wears a US size 10 shoe.

Vista Equity Partners is a private equity firm that invests in

Smith, a former Goldman Sachs investment banker, created Vist Equity Partners, a private equity and venture capital business, in 2000. He currently oversees 40 software companies with approximately 60,000 employees. In addition, as of 2019, he has $46 million in total capital commitments. Since its inception, it has managed more than $30 billion in assets and is regarded as the fourth-largest enterprise software company, with yearly realized returns of 31% (including exits).

Philanthropy

Smith F. Smith is also a well-known philanthropist. Last year, he became the first black American to take the Giving Pledge, pledging to donate at least half of his net fortune to humanitarian causes.

Who is Robert F. Smith Married to?

In his life, Robert F. Smith has been married twice. Hope Dworaczyk, a former Playboy playmate, fashion editor, and advocate, is his second wife. On July 25, 2015, they tied the knot.

Robert F. Smith and Hope Dworaczyk Smith at the Carnegie Hall opening night last Thursday

The wedding took place on the Amalfi Coast in Italy, and it was a magnificent affair. They booked the Villa Cimbrone Hotel and put on a star-studded show with performances by Seal, John Legend, and Bryan McKnight.

Robert F. Smith with his wife, Hope, and children

Hendrix Robert Smith (born on December 19, 2014) and Legend Robert Smith are the couple’s two children from their marriage (born on March 16, 2016). Smith has three other children from a previous marriage: Zoe Smith, Eliana Smith, and Max Smith. In 1988, he married Suzanne McFayden Smith, a fellow Cornell alumnus. But, after 22 years of marriage, they eventually split in 2014.

Social Media and Robert F. Smith

Smith has 138k Instagram followers and roughly 29.6k Twitter followers as of 2019.

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