⬅ # 649 Robert Bass|# 651 Charles B. Johnson

# 650 Joe Liemandt 


Real Time Net Worth
as of 5/18/2024

# 650 Joe Liemandt 


Real Time Net Worth
as of 5/18/2024
OccupationFounder, Trilogy Software; Founder, ESW Capital
Source of WealthSoftware
ResidenceAustin, Texas
Marital StatusSingle
EducationDrop Out, Stanford University
Age-Adjusted Net Worth$7.19B
Joe Liemandt
Joe Liemandt
United States
Net worth: $5.13B

Self-Made Score 

Wealth History

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Joe Liemandt, born in 1967 or 1968, is an American billionaire businessman.
He is the founder of Trilogy Software, established in the 1990s, specializing in product and sales configuration software.
Liemandt dropped out of Stanford University to pursue his entrepreneurial endeavors.
Currently, Liemandt resides in Austin, Texas.

Career and Business Ventures

Founder of Trilogy Software, headquartered in Austin, Texas, specializing in software products for Global 1000 companies, particularly in automotive, consumer electronics, and insurance sectors.
Trilogy pioneered config-price-quote (CPQ) and sales compensation software, revolutionizing enterprise sales processes in the 1990s.
Trilogy University, a notable program, was featured in Harvard Business Review in April 2001.
The company employed an extensive college recruiting strategy, hiring over 300 college graduates annually during its peak years.
Trilogy alumni have established or led prominent tech companies, forming a recognized tech 'mafia.'

ESW Capital and Acquisitions

Founder of ESW Capital, an investment firm specializing in acquiring small U.S. software companies.
ESW Capital has acquired over 100 software companies, implementing a strategy of transitioning their workforce to foreign freelance workers.
Notable acquisitions include Versata in February 2006, Artemis International Solutions Corporation in July 2006, and four Progress Software businesses in October 2012, forming Aurea Software.
Trilogy Insurance operates as a wholly owned subsidiary of Trilogy.

Political Involvement

Liemandt contributed $250,000 to Donald Trump's 2020 presidential campaign.

How long would it take you to become as rich as Joe Liemandt?

If you started with $10,000 and invested an additional $500 each month at a 44.10% CAGR, it would take you 5 years to reach Joe Liemandt's net worth of $5.13B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.76% compared to 11.89% for the S&P 500 benchmark.

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Joe Liemandt is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Joe Liemandt, Software is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey