Robert Ralph "Bob" Parsons (born November 27, 1950) is an American entrepreneur, billionaire, and philanthropist. In 1997, he founded the GoDaddy group of companies, including the GoDaddy.com domain name registrar, the Wild West Domains retailer registrar, and Blue Razor Domains. In July 2011, Parsons sold about 70 percent of GoDaddy to a private equity consortium and resigned from his position as CEO. In June 2014, he resigned from his position as Chief Executive and currently serves on GoDaddy's board. Parsons owns 28 percent of the company and is its largest shareholder.
In October 2017, Parsons had a net worth of approximately $ 2.6 billion and was ranked # 315 on the Forbes 400 ranking of the world's richest men.
Parsons is the founder and CEO of YAM Worldwide, Inc., which is home to entrepreneurial ventures in the fields of powersports, golf, real estate, and marketing.
In 2012, Parsons and his wife, Renee, founded The Bob & amp; The Renee Parsons Foundation, which provides funding, especially in the greater Phoenix area, to nonprofit organizations. In December 2013, they join The Giving Pledge, an initiative initiated by Bill and Melinda Gates and Warren Buffett which requires signers to commit at least half their wealth to charity.
Video Bob Parsons
Controversy
In 2011, Parsons was denounced by animal rights and other groups to hunt trophies after he tweeted a video where he shot and killed an elephant in Zimbabwe. Parsons replied that the criticism was misinformed, confirming that the elephant was not threatened and that the animal he was pursuing was considered a nuisance by the locals. Parsons has no regrets and believes the controversy will not hurt his company, saying "For anyone who left GoDaddy, someone new has come in. It has minimal impact - and maybe overall, I see it as a net positive.All publicity is a good publication if you on the right I can not count them for you I do not do this to promote GoDaddy. "
GoDaddy was criticized as a sexist for advertising practices between his first Super Bowl commercials in 2005 through the company's IPO in 2014. "Go Daddy's girl is my idea," Parsons said. "I told the advertising agency, I want a really rich, handsome girl with a tight T-shirt, with our name right on his chest." He used his blog to draw attention to ads that were turned away from television because they were too excited.
GoDaddy's current management has been actively trying to retreat from the controversial image created by Parsons during its ownership. Chief executive Blake Irving claims that he was partly hired to change the corporate culture. By 2015, in an effort toward transparency and an equal payment policy, a study was released that revealed that female employees are paid less than male employees.
Maps Bob Parsons
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Parsons was born in Baltimore, Maryland. Her family lives in Highlandtown and struggles financially because her parents are hard gamblers. Her mother was a housewife while her father worked as a furniture seller for Montgomery Ward. Parsons said of those days, "I've got everything I've ever received, very little given to me, I've worked for as long as I remember, whether it's delivering or selling newspapers, pumping gas, working in construction or in factories , I always make my own money. "
After nearly failing to get out of high school, Parsons enrolled in the United States Marine Corps. He was assigned to the Marine Regiment 26 attached and operated as part of the Marine Division 1. In 1969, he served as a sniper in the 1st Battalion Delta Company, 26th Marine, on a business trip in Vietnam, in Quang Province Nam.
He was wounded in action, medically evacuated, and spent two months in a naval hospital recovering from his injuries. As a result of his services and injuries, he received Combat Action Ribbon, Gallantry Vietnam Cross, and Purple Heart.
Education
In 1975, Parsons earned an accounting degree from the University of Baltimore, graduating magna cum laude . He then began his career in the IT sales and software industry
The University of Baltimore conferred the honorable Doctor of Humane Letters on May 21, 2008.
Parsons Technology
In 1984, he founded Parsons Technology in Cedar Rapids, Iowa, and started selling MoneyCounts, a home accounting program. At the end of 1987, Parsons was able to quit his job and focus entirely on sales and oversee the growth of MoneyCounts. Finally, Parsons Technology grew into a company that has 1,000 employees, a private company. On September 27, 1994, Parsons completed the sale of Parsons Technology to Intuit, Inc. for $ 64 million.
GoDaddy
Parsons founded the Internet domain registration and GoDaddy web hosting company in 1997. In July 2011, Parsons sold about 70 percent of GoDaddy to a private equity consortium led by the TRC & Co L.P. and Silver Lake, and resigned from his position as CEO. In June 2014, Parsons resigned from his position as Chief Executive. He currently serves on the GoDaddy board. Parsons owns 28 percent of the company and is its largest shareholder.
YAM Worldwide, Inc.
In 2012, Parsons founded Scottsdale, a company based on AZ YAM Worldwide Inc., "the home of entrepreneurial operations [Parsons]... In sports, golf, real estate, marketing, innovation, and philanthropy."
YAMM is a private lending and investment company worldwide, specializing in loans and acquisitions of commercial real estate from a tightly held mid-market company.
In 2013, Parsons acquired Martz Agency, a 25-employee public relations firm in Scottsdale, AZ. In 2015, Bob Parsons changed the company name to BIG YAM, The Parsons Agency, a full-service advertising agency in Scottsdale, Arizona.
In 2016, Parsons launched Sneaky Big Studios in Scottsdale, AZ at the YAM Worldwide Center where most of YAM Worldwide is located. Sneaky Big Studio provides production, post-production, and recording studio services including editorial, visual effects, color finishing, and audio.
In 2017, Parsons founded The YAMWOOD Foundry, a business that creates unique furniture, signs, and unique fixtures for residential and commercial projects.
Motorcycle Dealer
All subsidiaries of YAMZ, LZ Delta, L.L.C. and MS LZ Delta, L.L.C. operates Harley-Davidson and multi-brand motorcycle dealerships in Arizona, Mississippi, and Tennessee. They include:
- GoAZ Motorcycles (multi-branded dealers), Scottsdale, Arizona
- Harley-Davidson from Scottsdale, Scottsdale, Arizona
- Thunder South Harley-Davidson, Southaven, Mississippi
Parsons is also the founder and CEO of Spooky Fast Customs based in Scottsdale, which creates customized designs and motorcycle fabrication.
In April 2014, Parsons announced plans to build "the largest Harley-Davidson dealer in the world" in Scottsdale. Harley-Davidson of Scottsdale opened in 2015, this 150,000-square-footed dealer includes clothing boutiques, tattoos and piercing parlors, arcades, cinemas and wedding chapels.
Golf
In September 2013, Parsons purchased The Scottsdale Golf Club, a 292 acre golf course, for $ 600,000 and an undisclosed debt, and named it Scottsdale National Golf. By 2014, Parsons purchased an undeveloped property adjacent to its golf course including a 223 acre package to report $ 55 million, a $ 5.4 million 41-acre package, and a smaller channel for $ 2.3 million. Also in 2014, Parsons announces plans to build a new clubhouse, a nine-hole training facility, and a second 18-hole golf course on the property.
Parsons Xtreme Golf (PXG)
In January 2015, Parsons launched Parsons Xtreme Golf (PXG), an upscale golf club manufacturing company. In the same month, professional golfer Ryan Moore used PXG iron prototype and wedges when he played in the Hyundai Champions Tournament, a PGA Tour event. PXG is expected to launch a full line of golf equipment including drivers, fairway woods, hybrids, irons, slices, and putters.
Real estate ownership
Since 2012, YAM Properties has purchased more than 675,000 square feet of commercial real estate in the Arizona Valley region. The YAM property includes:
- Scottsdale Grayhawk Center, plaza square 147,084 square feet, purchased for $ 36,885 million
- The retail and office projects of Citadelle Plaza and Palazzo II, earned for $ 27.3 million
- The Arrowhead Professional Center, an office project covering an area of ​​71,066 square feet, was acquired for $ 13.25 million
- The retail space on two properties totaling 66,983 square feet, acquired for $ 8,575 million
- The McDowell Mountain Marketplace, a retail center of 84,087 square feet, was acquired for $ 14.125 million
- Centerpoint on Mill, a mixed-use development of 127,027 square meters, was obtained for $ 38.35 million
- Hayden Station, a mixed-used development area of ​​107,508 square feet, was acquired for $ 26.5 million
- Cornerstone shopping center, purchased for $ 29 million
The Bob & amp; Renee Parsons Foundation
In 2012, Bob and Renee Parsons founded the Bob and Renee Parsons Foundation. Since then, the Foundation has provided more than 96 charities and organizations around the world. A third of the total money awarded has been spent at the local Arizonian charity. Bob Parsons is said to have resigned his position as chief executive at GoDaddy in order to devote more time to his other interests, including his foundation, while Renee Parsons manages the Foundation on a base day.
They have joined Giving Pledge Bill and Melinda Gates and Warren Buffett in 2010 and receive to donate half of their wealth to charity. Since its founding, the Foundation has donated more than $ 10 million annually, placing it among the top 10 largest donors of the country.
The Foundation receives requests for funding from charities through its website, and then evaluates them and makes donations based on requests for charitable needs. The main focus areas can be categorized in disaster relief, veterans, and the Phoenix community. After the 2010 Haiti earthquake, the Foundation pledged $ 500 thousand to Hope for Haiti and an additional $ 4 million for relief efforts. With respect to veterans, the Bob and Renee Parsons Foundation has supported several veteran organizations, notably the Semper Fi Fund, with donations exceeding $ 8.5 million, mostly in the form of suitable donations. In or around Phoenix, Arizona, he has donated more than $ 8 million to UMOM and the New Day Center, partly spent by the organization to pay off mortgages for one of its largest facilities. It has also donated at least $ 10 million to the Southwest Center for HIV/AIDS, helping to open its new center.
The Foundation's other projects are involved with the inclusion of W. M. Keck Observatory in Hawaii, totaling three grants totaling $ 3.7 million to upgrade the laser system; Girl Scout through the School Scout program; $ 4 million in scholarship funds for theDream.us; a $ 1.5 million grant to Phoenix Children's Hospital to support one of its community outreach programs; $ 1 million to the Barrow Neurological Institute at St. Hospital and Medical Center Joseph; $ 1.4 million for Murphy Kids Dental Clinic; and $ 2 million for Circle the City, so the organization can launch a new primary health care center.
Political activity
In 2012, Parsons donated $ 1 million to Restoring Our Future, Super PAC Mitt Romney.
On December 8, 2016, Parsons donated $ 1 million to the 58th Presidential Appointment Committee.
On the 9th episode of 2017 (around the 45:00 mark) of The Forward Podcast with Lance Armstrong, Parsons proudly declared "I am a sad!" and states that Donald Trump has been the first choice among 17 major candidates in Republican Primary 2016. "[Trump] is the one who always aligns with me. [...] Everything that he has so far said he will do is done, which hardly ever heard in politics, he is not praised for it! [...] I think when everything is said and done, he will be one of the best presidents we have ever had. "He also mentioned he never voted for Obama.
References
External links
- Interview with Bob Parsons (from book 50 Interview: Entrepreneur Grows in Uncertain Time)
- BobParsons.meÃ, - Blog by Go Daddy CEO and founder of Bob Parsons
- GoDaddy CEO: Elephant poaching helps locals
- Bob Parsons '16 Rules for Success in Business and Life in General !!
Source of the article : Wikipedia
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