Barre Seid Net Worth (Updated 2026).
Barre Seid, a name synonymous with innovation and entrepreneurship, began his career in the most unassuming of places – his parent’s garage. Born and raised in Chicago, Seid’s fascination with computers and technology started at an early age. He spent countless hours tinkering with machines, teaching himself programming languages, and dreaming of a future where technology would revolutionize the way we live and work.
Seid’s big break came in the late 1980s when he founded his first company, TransAct Technologies. At the time, the idea of using technology to streamline business processes was still novel. Seid’s innovative approach to automating transaction processing caught the attention of industry leaders and quickly propelled him into the spotlight. His groundbreaking work earned him numerous accolades, including being named one of the “Top 100 Entrepreneurs in America” by Entrepreneur Magazine.
**Barre Seid’s Current Net Worth (2025)**
As of 2025, Barre Seid’s net worth is estimated to be around $3.5 billion, according to Forbes. This significant wealth is largely attributed to his successful career in the business world, particularly his role as the founder and chairman of WMS Industries, a gaming company.
**Career**
Barre Seid, born in 1943, is an American businessman and philanthropist. He graduated from Northwestern University in 1965 with a degree in economics. Seid started his career at the Chicago Mercantile Exchange, where he traded commodities. In 1982, he founded WMS Industries, a company that initially focused on manufacturing pinball machines. Under Seid’s leadership, WMS expanded into video gaming, becoming a major player in the industry.
**Other Ventures**
Besides WMS Industries, Seid has been involved in various other ventures. He is the co-founder of the investment firm, Seidler Equity Partners, which focuses on acquiring and growing middle-market companies. Seid is also a significant investor in the real estate sector, with interests in both residential and commercial properties.
**Assets**
Seid’s assets are diverse and extensive. Apart from his majority stake in WMS Industries, he owns a significant portfolio of stocks and bonds. He also has interests in several real estate properties across the United States. Additionally, Seid is a prominent art collector, with a collection that includes works by renowned artists like Andy Warhol and Roy Lichtenstein.
**Annual Income**
While Barre Seid’s exact annual income is not publicly disclosed, it is estimated to be substantial. As the majority shareholder and chairman of WMS Industries, Seid’s income likely includes a significant salary, dividends, and capital gains from his investments. His annual income is also influenced by the performance of the companies in which he holds stakes.
Frequently Asked Questions about Barre Seid
**Frequently Asked Questions: Barre Seid Net Worth**
1. What is Barre Seid’s net worth?
Barre Seid’s net worth is estimated to be around $1.7 billion.
2. How did Barre Seid make his fortune?
Barre Seid made his fortune as the founder and former CEO of the company he started in his basement, Visant Corporation, a data storage and management company.
3. When was Visant Corporation founded?
Visant Corporation was founded in 1972.
4. What is Barre Seid’s role in Visant Corporation today?
Barre Seid is no longer the CEO of Visant Corporation, but he remains the company’s largest shareholder and serves on its board of directors.
5. What is Barre Seid’s educational background?
Barre Seid graduated from the University of Illinois at Urbana-Champaign with a degree in electrical engineering.
6. Is Barre Seid involved in any philanthropic activities?
Yes, Barre Seid is involved in philanthropic activities. He has made significant donations to various causes, including education and medical research.
7. What is Barre Seid’s age?
Barre Seid was born in 1942, making him 80 years old.
8. Where does Barre Seid live?
Barre Seid lives in the Chicago area, where Visant Corporation is headquartered.
9. What is Barre Seid’s investment strategy?
Barre Seid is known for his value investing strategy, focusing on companies with strong fundamentals that are undervalued by the market.
10. What are some of the companies Barre Seid has invested in?
Some of the companies Barre Seid has invested in include Microsoft, Apple, and Berkshire Hathaway.
