Bob Parsons is a prominent American entrepreneur and philanthropist, best known for founding the GoDaddy group of companies in 1997, which includes the widely recognized Internet domain name registrar GoDaddy.com. Under his leadership, GoDaddy grew rapidly, becoming a leader in the domain registration and web hosting industry. In 2011, Parsons sold approximately 70 percent of GoDaddy to a private equity consortium and stepped down as CEO, marking a significant transition in his career while leaving behind a legacy of innovation and growth.
Following his tenure at GoDaddy, Parsons established YAM Worldwide, Inc., a company that encompasses his diverse entrepreneurial ventures across power sports, golf, real estate, and marketing. His strategic vision led to the creation of several successful subsidiaries, including the high-end golf club manufacturing company Parsons Xtreme Golf (PXG) and the advertising agency BIG YAM. His commitment to excellence in various industries has solidified his reputation as a multifaceted business leader.
In addition to his business achievements, Parsons is deeply committed to philanthropy. In 2012, he and his wife founded The Bob & Renee Parsons Foundation, which has significantly impacted nonprofit organizations, particularly in the Phoenix area. Their foundation has pledged to donate half of their wealth to charitable causes, supporting initiatives in disaster relief, veterans’ services, and community development.
As of September 2023, Parsons is ranked No. 314 on the Forbes 400 list of The Richest People in America, reflecting his successful career and philanthropic efforts. His journey from humble beginnings to becoming a leading figure in entrepreneurship and philanthropy serves as an inspiration to many aspiring business leaders.