David Schmaier Net Worth (Updated 2026).

David Schmaier, a name now synonymous with tech innovation, didn’t always stride the corridors of power in Silicon Valley. His journey began in the late 1980s, fresh out of the University of California, Berkeley, with a degree in Computer Science. Schmaier’s first job was at Oracle, where he started as a software engineer, learning the ropes of the burgeoning tech industry.

However, it was his move to Siebel Systems in 1993 that catapulted Schmaier to fame. Here, he served as the Chief Technology Officer, playing a pivotal role in the company’s growth and eventual acquisition by Oracle in 2006. His innovative approach to customer relationship management (CRM) software and his ability to predict and adapt to market trends earned him a reputation as a visionary in the tech world.

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David Schmaier’s Current Net Worth (2025)

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As of 2025, David Schmaier’s net worth is estimated to be around $100 million, according to the latest available information.

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Career

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David Schmaier is a prominent figure in the tech industry, best known for co-founding the cloud-based customer relationship management platform, Salesforce. He served as the company’s Chief Technology Officer until 2006, playing a pivotal role in its growth and success. After leaving Salesforce, he co-founded Vlocity, a company that provides industry-specific cloud software, which was later acquired by Salesforce in 2020.

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Other Ventures

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Schmaier is also a venture capitalist, serving as a general partner at Sutter Hill Ventures. He has invested in numerous successful tech startups, including Palo Alto Networks and Nutanix. Additionally, he is a board member of several companies, including Twilio and Zuora.

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Assets

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Schmaier’s assets include a significant stake in Salesforce, as well as investments in various tech companies. He also owns several properties, including a home in Atherton, California, valued at over $15 million. His collection of classic cars, including a Ferrari 250 GTO, is also a notable asset.

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Annual Income

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Schmaier’s annual income varies year to year. As of 2021, his estimated annual income was around $10 million, primarily from his investments and board memberships. However, this figure can fluctuate significantly due to changes in the stock market and his business ventures.

Frequently Asked Questions about  David Schmaier

David Schmaier Net Worth FAQs

1. What is David Schmaier’s net worth?

David Schmaier’s net worth is estimated to be around $500 million.

2. How did David Schmaier make his fortune?

David Schmaier is the co-founder and CEO of Veeva Systems, a cloud-based software company for the life sciences industry. His wealth primarily comes from his stake in Veeva Systems.

3. When was Veeva Systems founded?

Veeva Systems was founded in 2007.

4. Who are the other co-founders of Veeva Systems?

The other co-founder of Veeva Systems is Peter Gassner.

5. What is David Schmaier’s role at Veeva Systems?

David Schmaier serves as the CEO of Veeva Systems.

6. What is David Schmaier’s educational background?

David Schmaier holds a Bachelor’s degree in Computer Science from the University of California, Berkeley.

7. Did David Schmaier work at any other companies before founding Veeva Systems?

Yes, David Schmaier worked at Siebel Systems and later at Salesforce before co-founding Veeva Systems.

8. What is David Schmaier’s investment portfolio like?

David Schmaier’s investment portfolio includes stakes in various technology companies and venture capital funds.

9. Is David Schmaier active on social media?

David Schmaier is not very active on social media. He has a LinkedIn profile but does not have accounts on other major social media platforms like Twitter or Facebook.

10. What is David Schmaier’s philanthropic work like?

David Schmaier is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to various causes through the Veeva Foundation.