Switch builds data centers and leases space and equipment to its clients.
Over a decade ago Rob Roy, the founder of Switch, recognized the potential for growth in the data center industry and developed the patented Switch WDMD® program with over 700 issued and pending patent claims. Many of the data center concepts and practices used by the industry today were pioneered by Rob Roy.
After going public in one of the biggest IPOs in Nevada history, Switch received a market value of $4.2 billion, according to Reuters. A nearly 18 percent stake in the company puts his worth above $700 million. People close to Roy say other investments put his worth above $1 billion.
Roy says he got much of his inspiration from his father, who became a quadriplegic when Roy was 12 and thereafter earned a computer science degree. "He couldn't type. I was the oldest. We had a terminal to the university and he got his computer science degree over four years from the time I was 13 to 17," Roy says. "I typed every single thing for that degree. Of course, I didn't have a computer science degree at 17. But pretty close."
Roy has spent over a decade avoiding press coverage. "My fiduciary responsibility is to my shareholders," he says. "How much marketing have you ever seen me do? None. We don't do any."
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