How much is Jamie Siminoff’s Net Worth?
American Tech entrepreneur and a lifelong inventor Jamie Siminoff’s net worth is estimated at USD 400 million approx.
|Net Worth in 2024
|USD 400 million
|Chester, New Jersey, United States
|18 October 1976
|46 years old (as of 2024)
|5 feet 11 inches
|West Morris Mendham High school, Babson College
|Erin Lindsey Siminoff
Who is Jamie Siminoff? Biography, Career, Net Worth
Jamie Siminoff is a successful American Tech entrepreneur and a lifelong inventor. As of Jan 2024, Jamie Siminoff’s net worth is USD 400 million approx.
He is well known for being the founder of a tech company Ring Inc. that offers home security and smart home solutions.
In 2018, Ring Inc. got acquired by the e-commerce giant Amazon for $1.2 billion – $1.8 billion.
Jamie Siminoff initiated his start-up in 2011. He tried the TV show Shark Tank in 2013 but failed to impress the investors to give $700,000 for a 10% equity investment in his product DoorBot, a WiFi-enabled video doorbell.
After the show, he renamed his product company to Ring earning $5 million annually.
Jamie is also active in other entrepreneurial works like founding NobelBiz and PhoneTag. He is currently working as an active advisor for the telecommunication service company, NobelBiz.
He is also in partnership with DiTech to introduce PhoneTag in the US market which helps to offer voicemail-to-text service.
From PhoneTag he earned over $17 million in hard cash. He also founded Unsubscribe, Inc, and EdisonJr for the tech world.
But how does all this fame and popularity convert into cold hard cash?
What sort of worth does this popular Entrepreneur make?
So, let’s dive deep to find out Jamie Siminoff’s net worth and how much this celebrity made his fortune.
Do you know how old and tall is he?
If you don’t know then you can go through this article about Jamie Siminoff‘s height, net worth 2024, age, sibling, income, family, and many more.
Jamie Siminoff’s Age and Birthday
Jamie Siminoff was born on 18th October 1976 in Chester, New Jersey.
As of Jan 2024, Jamie Siminoff is 46 years old.
His father was a businessman who co-owned a pipe manufacturing company.
Among his childhood interests, he used to study history and learn about various public figures around the globe.
He attended West Morris Mendham High School and moved to Massachusetts for further education. In 1999, he earned his graduate degree in entrepreneurship from Babson College to pursue a career as an entrepreneur.
After graduation, he founded his first company, ‘Your First International’, for the nation’s progress. In his early career, he started making money by writing business strategies for individuals at just $10,000.
Jamie Siminoff Trivia
As a child, he used to prepare explosives and machine stuff as part of his weird habit. This habit later turned out to be the reason behind his success.
How Jamie Siminoff turned into a millionaire?
With his current 400 million USD net worth Jamie Siminoff is a real mastermind in the tech world. He initiated a start-up in 2011 by inventing DoorBot, WiFi enables doorbells with an initial $365,000 investment.
DoorBot was just a modern version of a traditional doorbell that acts like a spy-cam connected via a dedicated smartphone application. This cool thing with the real-time reporting feature helped in home security.
In 2013, he failed to convince Sharks to invest $700,000 for a 10% equity investment in the company. He left the ABC TV show stage after Kevin O’ Leary offered him a complicated deal for a loan.
He renamed the company Ring Inc. earning $5 million annually in sales with crowdfunding investment. After the show, he attracted wealthy investors like Goldman Sachs, Qualcomm Ventures, and Richard Branson to invest $250 million in the company.
In 2018, Jamie sold out the company to Amazon for $1.2 – $1.8 billion holding back 20% to 30% of shares. These shares added $300 million in his wealth after taxes.
After breaking a great deal with Amazon, he got called up by Shark Tank to appear on the show as a guest. The purchase by Amazon instantly received the media highlight and added to Jamie’s stardom.
Jamie Siminoff earnings from other ventures
Other than Ring, Jamie founded BodyMint to invent a body supplement through chlorophyll but failed. He turned up to NobelBiz and is an active advisor to the telecommunication company.
In March 2003, Jamie met Mark Dillon and started ‘SimulScribe’ to operate PhoneTag. He introduced the first-ever voicemail-to-text service earning $17 million from the company in 2005.
PhoneTag was later acquired by Ditech networks in 2013. The revenue from the PhoneTag was used by Jamie to introduce DoorBot in the market in 2013.
Unsubscribe, Inc came up as another successful service that is used to get rid of unwanted mailing lists.
He also invented a designed laboratory named EdisonJr and is currently the CEO of the company. He joined a water damage prevention company, Flo Technologies, as an advisor and investor.
Jamie is also part of companies like Audio Micro and Qwiki since 2010.
Aside from being an advisor and investor, he attended many events as a speaker like LeWeb in Paris in 2014.
He also spoke in events like Slush 2016, NewCo Los Angeles, Insure Tech Connect 2017, GeekWire Summit 2018, Tech Crunch Disrupt San Fran 2018, and SUMMIT LA 2018.
Jamie Siminoff‘s Net Worth Estimates
The graph of Jamie Siminoff Net Worth is shown below-
|Net Worth Year
Jamie Siminoff’s personal life
Erin Lindsey Siminoff
Jamie got married to Erin Lindsey Siminoff on 7th October 2006 and is a father of son Oliver Siminoff. His wife also has a successful career in the entertainment world.
She worked as an Executive Vice President of Production at 21st Century Fox, Los Angeles, California in 2015.
Erin started as an intern in May 2001 with the production house after she graduated from Pepperdine University.
She made numerous appearances in movies like The Hate U Give, The Fault in Our Stars etc.
Oliver suffered from a rare genetic condition at the time of his birth called galactosemia. Luckily, he got diagnosed within four days of his birth.
Jamie Siminoff‘s Height, Weight, and Physical Stats
Do you want to know the physical appearance, height, and weight of Jamie Siminoff? Have a look below:
|5′ 11″ or 180 cm
|68 kg or 150 lbs
How tall is Jamie Siminoff?
Jamie Siminoff is 5 feet 11 inches (1.80 m) tall and his weight is listed as 68 kg or 150 lbs.
His hair color is brown while his eye color is light brown.
Jamie Siminoff exercises for 6 days a week and takes Sunday off.
He works out from 8:30 AM to 9:30 AM. He does cardio (like elliptical, swimming, running, stair climbing, etc.), boxing, burpees, sit-ups, and weight training.
Jamie Siminoff’s Social Media Profiles
Jamie Siminoff is active in social media such as Facebook, Twitter, and Instagram accounts.
He has more than 1468 followers on his Facebook account, around 4400 followers on Twitter, and he has about 1011 followers on his Instagram account as of 2 February 2024.
Twitter Account (@JamieSiminoff):
Instagram Account (@jsiminoff):
Jamie Siminoff is not just famous for his one-time invention Ring but for many business ventures and professions.
He cracked a big deal with Amazon for nearly $2 billion earning a lifetime fortune by selling Ring.
Aside he is also working as an advisor for many companies and organizations.
Jamie is being funded and has founded many ventures for the past 20 years of his career. He even invested in Flo Technologies, a water damage invention company. He is a founder of PhoneTag and Unsubscribe Inc companies.
Jamie Siminoff is the richest entrepreneur and businessman in New Jersey with a net worth of around 400 million USD as of February 2024.
Jamie Siminoff born on 18 October 1976 is an American entrepreneur, and founder of smart home and home security company Ring Inc., which was acquired by Amazon.com in February 2018.
According to Forbes and data available on the internet Jamie Siminoff’s net worth is estimated at USD $400 million.
Born on 18 October 1976, Jamie Siminoff is 46 years old as of 2023.
He has been married to Erin Lindsey since 7 October 2006. Jamie and Erin have one child together.
johnJamie Siminoff was born in Chester, New Jersey, United States on 18 October 1976.
Jamie Siminoff has a height of is 180 cm and in feet inches, his height is 5′ 11”.