Robert Ralph "Bob" Parsons is an American entrepreneur, billionaire, and philanthropist. In 1997, he founded the GoDaddy group of companies, including domain name registrar GoDaddy.com, reseller registrar Wild West Domains, and Blue Razor Domains. In July 2011, Parsons sold approximately 70 percent of GoDaddy to a private equity consortium and resigned his position as CEO. In June 2014, he stepped down from his position as Executive Chairman and currently serves on GoDaddy's board. Parsons owns 28 percent of the company and is its largest shareholder.As of October 2017, Parsons had an estimated net worth of $2.6 billion and was ranked #315 on the Forbes 400 ranking of the world's wealthiest people.Parsons is the founder and CEO of YAM Worldwide, Inc., which is home to his entrepreneurial ventures in the fields of powersports, golf, real estate, and marketing.In 2012, Parsons and his wife Renee founded The Bob & Renee Parsons Foundation, which provides funding, primarily in the greater Phoenix area, to nonprofit organizations. In December 2013, they joined The Giving Pledge, an initiative started by Bill and Melinda Gates and Warren Buffett that requires signators to commit at least half of their fortunes to charity.