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Thomas Siebel

Thomas M. Siebel (; born November 20, 1952) is an American businessman, technologist, and author. He founded the enterprise software company Siebel Systems and was the founder, chairman, and former CEO of C3.ai, an artificial intelligence software platform and applications company. He is currently the chairman of First Virtual Group, a diversified holding company.

As of February 2026, Forbes puts Siebel's net worth at $4 billion.

Early life

Siebel was born in Chicago, being one of seven children of Arthur Francis Siebel and Ruth A. (née Schmid) Siebel. He graduated from the University of Illinois with a BA in history, an MBA and an MS in computer science, and later received an honorary doctorate in engineering from the university.

Career

Siebel was an executive at Oracle Corporation between 1984 and 1990, holding several management positions. He was the CEO of Gain Technology, a multimedia software company that merged with Sybase in December 1992. Siebel later founded Siebel Systems, where he was chairman and CEO before Oracle acquired the company in January 2006. He is the chairman of First Virtual Group, a diversified holding company.

Siebel Systems

Siebel Systems was a software company primarily engaged in the design, development, marketing, and support of customer relationship management (CRM) applications.

In 1989, as an executive at Oracle, Siebel proposed turning an internal sales-force automation tool called Oasis (Oracle automated sales information system) into a commercial product, but Larry Ellison declined, claiming to see no commercial potential.

In 1993, Siebel left Oracle and founded Siebel Systems. By 1999, Siebel Systems was recognized by Deloitte & Touche as one of the most rapidly expanding technology companies in the United States. In 2000, Siebel reported that Siebel Systems had grown to over 8,000 employees in 32 countries, with more than 4,500 corporate customers and annual revenue exceeding $2 billion. Siebel Systems was acquired by Oracle in 2005.

C3 AI

Siebel founded enterprise artificial intelligence company C3 AI in 2009 and has led the company as CEO since 2011. He transitioned to the role of executive chairman in 2025 after being diagnosed with an autoimmune disease that left him visually impaired.

In 2019, Siebel initiated a program at C3 AI that covers the cost for employees to complete the University of Illinois’s online Master of Computer Science (MCS) degree through Coursera. Employees who complete the MCS receive a 15% salary increase, a $25,000 cash bonus, and additional stock options.

Honors and awards

Siebel has held advisory and board positions at institutions including Stanford University, the University of Illinois, and the University of California, Berkeley. He was a Trustee at Princeton University from 2008 to 2011. He also chairs the American Agora Foundation and is a director at the Hoover Institution at Stanford. Siebel is the founder of the Montana Meth Project and the Siebel Scholars Foundation. Barron's ranked him among the world's top 25 philanthropists in 2009 and 2010, and BusinessWeek included him in its list of The 50 Most Generous Philanthropists in 2007 and 2008.

Philanthropy

In 2001, Siebel donated $32 million to the Department of Computer Science at the University of Illinois at Urbana-Champaign, his alma mater, for the construction of the Siebel Center for Computer Science, which opened in the spring of 2004. In 2006, he donated $4 million to the university to establish two endowed professorships: the Thomas M. Siebel Chair in the History of Science and the Thomas M. Siebel Chair in Computer Science. In 2007, Siebel pledged an additional $100 million gift to the university.

In 2015, the Siebel Foundation launched the Siebel Energy Institute to support research on the data management of energy infrastructure monitoring. In 2016, Siebel donated $25 million to fund the construction of the Siebel Center for Design at the University of Illinois, a 60,000-square-foot multidisciplinary facility designed by the architectural firm Bohlin Cywinski Jackson, which was completed in 2020.

Political involvement

In February 2022, Siebel donated $90,000 to the Canada convoy protest in Ottawa, which opposed COVID-19 vaccine mandates and restrictions.

In 2024, Siebel donated $500,000 to Donald Trump’s re-election campaign. Siebel also organized a fundraiser for the politician in September of the same year.

In 2025, Siebel donated $1 million toward funding efforts opposing California's Proposition 50, making him the third-largest single donor against the bill.

Personal life

Siebel lives in Woodside, California, and is married to Stacey Siebel, with whom he has four children. Siebel is the second cousin of Jennifer Siebel Newsom, the First Partner of California and wife of Governor Gavin Newsom.

Health

Siebel was diagnosed with giant cell arteritis in early 2025, which caused significant visual impairment.

Elephant incident

In August 2009, while in Tanzania, Siebel and a guide were observing a group of elephants from 200 yards away when an elephant charged at the guide and then turned on Siebel, breaking several ribs, goring him in the left leg, and crushing the right. In September 2010, Siebel underwent 16 surgeries and an Ilizarov apparatus external fixator procedure to mend, lengthen, and reshape the tibia of his right leg. After 19 reconstructive surgeries over two and a half years, Siebel fully recovered. In 2013, National Geographic included Siebel's account in its TV series Dead or Alive: Trampled on Safari.

Books and articles

  • Digital Transformation (2019)
  • "Digital Transformation: The Post-Industrial Utility" (Aspenia Magazine, June 2018)
  • "Why digital transformation is now on the CEO’s shoulders" (McKinsey Quarterly, December 2017)
  • "The Internet of Energy" (Electric Perspectives, March/April 2015)
  • "Big Data and the Smart Grid: Is Hadoop the Answer?" (Stanford Energy Journal, October 21, 2014)
  • Taking Care of eBusiness (2001)
  • Cyber Rules (with Pat House) (1999)
  • Virtual Selling (with Michael Malone) (1996)

References

External links