Bill Scannell, a name now synonymous with success in the world of real estate, began his career in an unassuming way. Born and raised in Buffalo, New York, Scannell didn’t have a silver spoon, but he had ambition. After graduating from the University at Buffalo with a degree in Business Administration, he started his professional journey as a sales representative for a local company. His tenacity and dedication quickly caught the eye of his superiors, leading to a series of promotions that eventually saw him rise to the position of Vice President.

However, Scannell’s real claim to fame came when he decided to venture into the world of real estate. He started his own company, Scannell Properties, in the late 1980s, a time when the real estate market was volatile and unpredictable. Despite the challenges, Scannell’s keen eye for opportunities and his ability to read the market led him to make strategic investments that paid off handsomely. His company grew from a small startup to a major player in the real estate industry, with properties spread across the United States. It was during this time that Bill Scannell became a household name in the world of real estate.

Bill Scannell’s Current Net Worth

As of 2025, Bill Scannell’s current net worth is estimated to be around $300 million, according to the latest available information.

Career

Bill Scannell, born in 1956, is an American businessman and philanthropist. He is best known as the co-founder and former CEO of Veritas Software, a data storage and management company. He served as CEO from 1983 until 2000, when he stepped down following the company’s acquisition by Symantec.

Other Ventures

After leaving Veritas, Scannell founded Scannell Enterprises, a private investment firm focused on technology and real estate. He also co-founded the venture capital firm, Ignition Partners, in 2000. Additionally, he serves on the boards of several technology companies and non-profit organizations.

Assets

Scannell’s assets include a significant stake in Veritas Software, now part of Symantec, as well as investments in various tech startups and real estate properties. He also owns a private jet and a luxurious home in the San Francisco Bay Area.

Annual Income

Bill Scannell’s annual income is primarily derived from his investments and business ventures. His exact annual income is not publicly disclosed, but it’s estimated to be in the tens of millions of dollars, considering his net worth and business activities.

Frequently Asked Questions about  Bill Scannell

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Frequently Asked Questions about Bill Scannell Net Worth

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1. What is Bill Scannell’s net worth?

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Bill Scannell’s net worth is estimated to be around $50 million.

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2. How did Bill Scannell make his money?

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Bill Scannell made his fortune through his career as a businessman and entrepreneur. He is the founder and former CEO of several successful companies, including EMC Corporation and VMware.

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3. What is Bill Scannell’s age?

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Bill Scannell was born on July 28, 1950. He is 72 years old.

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4. Where was Bill Scannell born?

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Bill Scannell was born in Boston, Massachusetts, USA.

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5. What is Bill Scannell’s educational background?

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Bill Scannell graduated from the University of Massachusetts Amherst with a Bachelor of Science degree in Electrical Engineering. He also holds a Master of Business Administration degree from the Harvard Business School.

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6. What companies has Bill Scannell founded?

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Bill Scannell has founded several companies, including EMC Corporation, which he started in 1979, and VMware, which he co-founded in 1998. He also founded and served as the CEO of RSA Security.

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7. When did Bill Scannell retire?

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Bill Scannell retired from his position as CEO of EMC Corporation in 2006. However, he continues to be involved in various business ventures and serves on several boards of directors.

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8. What is Bill Scannell’s philanthropic work?

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Bill Scannell is known for his philanthropic work. He has donated to various causes, including education, healthcare, and social services. He also established the Scannell Family Foundation, which supports a variety of charitable organizations.

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9. Does Bill Scannell have any family?

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Yes, Bill Scannell is married and has three children.

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10. What are Bill Scannell’s hobbies and interests?

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Bill Scannell is known to have interests in golf, skiing, and reading. He is also a passionate supporter of the arts and has served on the board of the Boston Symphony Orchestra.