Thomas Siebel is an American billionaire who is a self-made businessman. He is the founder of Siebel Systems, C3.ai, an artificial intelligence (AI) software company, and heading First Virtual Group. As a successful businessman, author, and philanthropist, Siebel is one of the most recognizable figures in the world of technology.
Do you want to know the approximate figure for his net worth? We are glad to introduce you to information concerning Thomas Siebel net worth. In this article, we also discuss his biodata, early life, career.
Biodata
| Full Name | Thomas M. Siebel |
| Date of Birth | November 20, 1952 |
| Age | 72 Years |
| Birth of Place | Chicago, Illinois, USA |
| Nationality | American |
| Gender | Male |
| Parents | Arthur Francis and Ruth A. (née Schmid) Siebel |
| Spouse | Stacey |
| Children | 4 |
| Profession | Entrepreneur, Author |
| Thomas Siebel Net Worth | $4.17 Billion |
Who is Thomas Siebel?
Thomas Siebel is a highly accomplished American billionaire entrepreneur and author. He is renowned for his entrepreneurial ventures and contributions to the software industry. He is the founder of Siebel Systems, a company that revolutionized customer relationship management (CRM) software, and C3.ai, a leading artificial intelligence (AI) software platform provider.
Born November 20, 1952, in Chicago, Illinois, Siebel journey into the tech world began with a Bachelor’s degree in History from the University of Illinois at Urbana-Champaign. Later on, he got his MBA and an MS in Computer Science from the same university preparing for what was to be ahead of him.
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Career
After graduating from the University of Illinois, Siebel started his career at Oracle Corporation in 1984. He quickly rose through the ranks, holding various leadership positions in sales, marketing, and product development.
During his time at Oracle, he gathered valuable skills in the software sector and appreciated how business is run.
In 1993, Siebel started a company called Siebel Systems that would change how people do business with customers.
Siebel Systems invented the first customer relationship management software, which includes keeping records of customers and sellers behaviour and enhancing customer care.
With his leadership, Siebel Systems consolidated the leadership of the entire CRM market and experienced a tremendous expansion in its world presence.
In 2006, enterprise software experienced a significant update when Oracle acquired Siebel Systems for $5.8 billion.
In 2009, Siebel founded C3.ai, an artificial intelligence (AI) software company focused on developing enterprise-scale AI applications.
C3.ai offers a platform and applications for businesses to use AI in many areas, such as predictive maintenance, fraud, and even customer interaction.
C3.ai has become a successful company providing selected AI to different sectors of the economy, including energy, manufacturing, and health care.
Currently, he is the Chairman of the Board and CEO of C3.ai, where he strives to implement the company’s growth in this fast-paced environment of artificial intelligence.
Thomas Siebel Net Worth
Based on Forbes, Thomas Siebel net worth was evaluated at $4,17 billion in 2024 which puts him on the list of the most successful Americans. This figure likely considers his different investments, a considerable part of which comprises shares in C3.ai.
His fortune cannot be attributed solely to C3.ai. He is also the owner of the First Virtual Group, it is a private company which has a number of activities in the field of venture capital, real estate and agricultural businesses. These assist him in establishing his general financial position.
In Wolf Creek, Montana, Siebel has a large 90,000-acre ranch where he manages more than 1,000 cattle and harvests 500,000 pounds of meat each year, which also adds to his total net worth.
Lastly, Let’s not forget his earlier success with Siebel Systems, the CRM giant he sold to Oracle in 2006. That deal alone was worth $5.8 billion, forming a solid base for his wealth.
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Authors
Siebel has written non-fiction books and articles on business and technology. He has his first book, Virtual Selling, which he made with Michael Malone in 1996. This was succeeded in 1999 by “Cyber Rules”, co-written by Pat House. Thus, in 2001, Siebel published “Taking Care of eBusiness”. His most recent one was Digital Transformation, which he published in 2019. The Wall Street Times bestseller, this book looks at how the technologies of the information age affect business, government, and our daily lives.
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Philanthropy
In 1996, Siebel founded the Siebel Foundation. The organization is focused on helping certain distributions, education and research, renewable energy, and drug abuse prevention. She founded the Montana Meth Project, an initiative aimed specifically at teenagers and addressing the problem of meth addiction; she concerned herself a lot with teenage groups while doing so. On other occasions, he has been donating to his University of Illinois alums, pledging $32 million for the Siebel Center for Computer Science building and $25 million for the Siebel Center for Design.
Thomas Siebel Family
His Father is Arthur Francis Siebel, a Harvard-educated lawyer. He seems to have had high expectations for his son, sending him to Shattuck Military Academy. His mother is Ruth A. (née Schmid) Siebel. He also has one brother, Robert Frederick Siebel.
Interestingly, he is a second cousin of Jennifer Siebel Newsom, the wife of California Governor Gavin Newsom, once removed.
Moreover, Thomas Siebel was married to Stacey and had four children together. They reportedly met while she was working at Oracle, the same company where Thomas Siebel worked before founding Siebel Systems.
Incident Elephant Attack
Thomas Siebel was on a photo safari in Tanzania in 2009. The attack occurred in the Tanzanian bush, where Siebel and his guide observed a group of elephants.
While observing elephants from what they thought was a safe distance, a bull elephant suddenly charged them. The guide’s attempt to deter the elephant with a warning shot failed.
The elephant gored Siebel with its tusk, piercing his left leg. It then proceeded to trample him, crushing his right leg and nearly severing his foot. Siebel also suffered broken ribs and a punctured lung.
In the Aftermath, Siebel sustained serious injuries that at the time could have posed a threat to his life, hence he needed to be medically evacuated immediately. He underwent 19 reconstructive surgeries to repair the extensive damage to his legs.