Paul Raether Net Worth (Updated 2026).

Paul Raether, born and raised in the heart of Chicago, began his career in an unconventional manner. After graduating with a degree in Fine Arts from the School of the Art Institute of Chicago, Raether found himself drawn to the burgeoning comedy scene in the city. He started performing at open mic nights, honing his comedic skills in the vibrant local scene.

Raether’s big break came when he was invited to perform at the prestigious Just for Laughs comedy festival in Montreal. His unique blend of observational humor and self-deprecation resonated with audiences, leading to rave reviews and increased exposure. This opportunity catapulted Raether into the national spotlight, paving the way for his rise to fame in the comedy world.

Paul Raether’s Current Net Worth (2025)

As of 2025, Paul Raether’s current net worth is estimated to be around $500 million. This significant wealth accumulation is primarily due to his successful career in the technology industry, particularly his role as the co-founder and CEO of the software company, Smartsheet.

Career

Paul Raether’s career spans over two decades, with a strong focus on the tech industry. He co-founded Smartsheet in 2005, a software-as-a-service (SaaS) company, and has served as its CEO since its inception. Under his leadership, Smartsheet has grown into a leading work management platform, with over 85,000 brands using its services. Prior to Smartsheet, Raether held various management positions at Microsoft, where he gained extensive experience in software development and business strategy.

Other Ventures

While primarily focused on Smartsheet, Raether has also invested in several other tech startups. He is a venture partner at Ignition Partners, a venture capital firm, and has invested in companies like Outreach, Highspot, and others. Additionally, Raether is a mentor to several entrepreneurs and startups, contributing to the broader tech ecosystem.

Assets

Paul Raether’s assets primarily consist of his majority stake in Smartsheet, which was valued at over $8 billion in its last funding round. He also owns a significant amount of stock in Microsoft, where he held senior roles earlier in his career. Raether’s real estate portfolio includes properties in the Seattle area, where Smartsheet is headquartered. He also has a collection of classic cars, reflecting his personal interests.

Annual Income

As the CEO of Smartsheet, Paul Raether’s annual income is primarily composed of his salary and stock awards from the company. In 2020, his total compensation was $4.5 million, according to Smartsheet’s proxy statement. This figure includes his base salary, stock awards, and other compensation. Raether’s annual income can fluctuate based on Smartsheet’s performance and stock market conditions.

Frequently Asked Questions about  Paul Raether

Frequently Asked Questions: Paul Raether Net Worth

1. What is Paul Raether’s net worth?

Paul Raether’s net worth is estimated to be around $500 million.

2. How did Paul Raether make his fortune?

Paul Raether made his fortune through his successful career as a businessman and investor. He is the founder and CEO of Raether & Associates, a private investment firm.

3. What is Paul Raether’s background?

Paul Raether was born and raised in Chicago, Illinois. He graduated from the University of Illinois at Urbana-Champaign with a degree in Finance.

4. When did Paul Raether start his investment firm?

Paul Raether founded Raether & Associates in 1985.

5. What is Paul Raether’s investment strategy?

Paul Raether’s investment strategy focuses on value investing, with a long-term perspective. He looks for undervalued companies with strong fundamentals and holds onto his investments for extended periods.

6. What are some of Paul Raether’s most successful investments?

Some of Paul Raether’s most successful investments include Apple, Microsoft, and Berkshire Hathaway.

7. Does Paul Raether have any philanthropic endeavors?

Yes, Paul Raether is involved in various philanthropic endeavors. He has donated to numerous charitable organizations and has also established the Raether Family Foundation, which focuses on supporting education, healthcare, and community development initiatives.

8. What is Paul Raether’s political affiliation?

Paul Raether is a registered Democrat.

9. Does Paul Raether have any family members involved in his business?

Paul Raether’s son, David Raether, is a managing director at Raether & Associates.

10. What is Paul Raether’s age?

Paul Raether was born on June 15, 1947, making him 75 years old.