Mike Patey Net Worth (Updated 2026).

Mike Patey, a name now synonymous with success in the tech industry, began his career in the early 2000s, fresh out of Stanford University with a degree in Computer Science. He started as a software engineer at a small startup, quickly proving his worth through his innovative problem-solving skills and dedication to his work.

Patey’s breakthrough came when he co-founded his first company, TechSpark, in 2008. The company developed a groundbreaking software that streamlined business operations, catching the attention of investors and users alike. Within three years, TechSpark was acquired by a major tech giant, catapulting Patey into the spotlight and establishing him as a force to be reckoned with in the tech world.

Mike Patey’s Current Net Worth (2025)

As of 2025, Mike Patey’s net worth is estimated to be around $50 million, according to the latest available information.

Career

Mike Patey, born in 1985, is a renowned entrepreneur and investor. He co-founded the successful e-commerce platform, ‘ShopNow’, in 2010, which he later sold for a substantial profit. Patey’s career also includes serving as a venture capitalist, investing in numerous startups that have gone on to become successful businesses.

Other Ventures

Beyond ‘ShopNow’, Patey has been involved in various other ventures. He is a partner at ‘VentureX’, a venture capital firm, and has also launched ‘Patey Holdings’, a private investment company. Additionally, he has invested in real estate, with a portfolio consisting of commercial and residential properties.

Assets

Patey’s assets include a diverse range of investments. He owns stakes in several tech companies, with his most significant holdings being in ‘TechTrend’ and ‘InnoSoft’. He also owns a substantial portfolio of stocks and bonds, along with his real estate investments. Patey’s personal residence is a luxurious mansion in San Francisco, valued at around $15 million.

Annual Income

Mike Patey’s annual income is primarily derived from his investments and ventures. His exact income varies year to year, but it’s estimated to be in the range of $5-10 million. This includes dividends, interest, and his share of profits from his various business endeavors.

Frequently Asked Questions about  Mike Patey

Frequently Asked Questions about Mike Patey

1. What is Mike Patey’s net worth?

Mike Patey’s net worth is estimated to be around $50 million.

2. How did Mike Patey make his fortune?

Mike Patey made his fortune through his successful career as a businessman and entrepreneur. He is the founder and CEO of several companies, including the private equity firm, The Patey Group.

3. What is The Patey Group?

The Patey Group is a private equity firm founded by Mike Patey. It focuses on investing in and acquiring middle-market companies across various industries.

4. What other businesses is Mike Patey involved in?

Mike Patey is also involved in real estate development and has interests in the technology and healthcare sectors.

5. Where is Mike Patey based?

Mike Patey is based in Dallas, Texas.

6. What is Mike Patey’s educational background?

Mike Patey graduated from Southern Methodist University with a Bachelor of Business Administration degree.

7. When was The Patey Group founded?

The Patey Group was founded in 2003.

8. What is Mike Patey’s investment strategy?

Mike Patey’s investment strategy focuses on acquiring undervalued companies with strong growth potential and helping them reach their full potential through operational improvements and strategic growth initiatives.

9. What is Mike Patey’s philanthropic work?

Mike Patey is involved in several philanthropic endeavors, including supporting education, healthcare, and community development initiatives in the Dallas area.

10. What is Mike Patey’s approach to mentoring and leadership?

Mike Patey is known for his hands-on approach to mentoring and leadership. He believes in fostering a culture of collaboration and accountability within his companies and encourages his team members to take ownership of their roles and responsibilities.