Golisano Net Worth (Updated 2025).
Thomas Golisano, born in 1939, began his entrepreneurial journey at a young age. Growing up in a working-class family in Rochester, New York, he developed a keen interest in business and technology. After graduating from high school, Golisano started his first job at a local company, where he noticed inefficiencies in the payroll process. This observation led him to create his first business, a payroll service, at the age of 19.
In 1969, Golisano founded Paychex, a company that provided payroll and benefits outsourcing services to small and medium-sized businesses. He started the company with just $3,000, using his personal savings and a loan from his father. Golisano’s innovative approach to payroll services and his commitment to customer satisfaction helped Paychex grow rapidly. Within a decade, the company became a publicly traded entity on the NASDAQ stock exchange.
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Golisano’s Current Net Worth (2025)
As of 2025, Golisano’s net worth is estimated to be around $6.5 billion, according to the latest available information.
Career
Golisano is the founder and former CEO of Paychex, a leading provider of payroll, human resource, and benefits outsourcing solutions. He started the company in 1971 with just $3,000 and grew it into a multi-billion dollar enterprise, employing over 15,000 people worldwide. He stepped down as CEO in 2018 but remains the company’s chairman.
Other Ventures
Golisano has also invested in various other ventures, including real estate and healthcare. He is the owner of the National Basketball Association’s (NBA) Charlotte Hornets, which he purchased in 2010. Additionally, he has been involved in philanthropic efforts, donating millions to causes such as autism research and children’s hospitals.
Assets
Golisano’s assets include a significant stake in Paychex, as well as real estate holdings, including properties in Florida, New York, and North Carolina. He also owns a private jet and a luxury yacht. His art collection, which includes works by artists like Andy Warhol and Roy Lichtenstein, is estimated to be worth hundreds of millions of dollars.
Annual Income
As of 2025, Golisano’s annual income is estimated to be around $200 million. This includes his salary from Paychex, dividends from his investments, and other business ventures. His annual income has seen a steady increase over the years, reflecting the growth and success of his businesses.
Frequently Asked Questions about Golisano
**Frequently Asked Questions: Golisano Net Worth**
1. What is B. Thomas Golisano’s net worth?
B. Thomas Golisano’s net worth is estimated to be around $6.6 billion.
2. How did Golisano make his fortune?
Golisano made his fortune by founding Paychex, a leading provider of payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses.
3. When was Paychex founded?
Paychex was founded in 1971 by B. Thomas Golisano.
4. What is Golisano’s role at Paychex today?
Golisano serves as the Chairman and Chief Executive Officer of Paychex.
5. What is Golisano’s educational background?
Golisano graduated from the Rochester Institute of Technology with a degree in business administration.
6. What are some of Golisano’s philanthropic endeavors?
Golisano is known for his philanthropy, particularly in the areas of education, healthcare, and community development. He has donated millions to various causes, including establishing the Golisano Children’s Hospital in Rochester, New York.
7. What is the Golisano Foundation?
The Golisano Foundation is a private foundation established by B. Thomas Golisano to improve the quality of life for individuals with intellectual disabilities and to enhance the community through strategic giving.
8. Has Golisano received any awards or recognitions?
Yes, Golisano has received numerous awards and recognitions for his business acumen and philanthropic efforts, including being inducted into the Junior Achievement U.S. Business Hall of Fame and receiving the Carnegie Medal of Philanthropy.
9. What is Golisano’s political affiliation?
Golisano is a registered independent and has been known to support candidates from both major parties.
10. What are Golisano’s hobbies and interests outside of business and philanthropy?
Golisano is an avid sports fan and has been involved in professional sports teams, including owning the Buffalo Sabres NHL team from 2003 to 2011. He also enjoys flying and has been a licensed pilot since the 1970s.
