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Vivek Yeshwant Ranadivé (/ v iː ˈ v ɛ k ˌ r ʌ n ə ˈ d ɪ v eɪ / vee-VEK RUN-ə-DIV-ay; born 7 October 1957) is an Indian-American business executive, engineer, author, speaker and philanthropist. [1] Ranadivé is the founder and former chief executive officer (CEO) of TIBCO Software, a business intelligence software company, and of ...
Vivek Ranadive, Sacramento Kings: $700 Million. Owner since: 2013 How much they purchased the team for: $534 million How much the team is worth: $1.775 billion Boasting master’s degrees from ...
16. (tie) Vivek Ranadive -- Sacramento Kings. Net worth: $700 million. Team value: $1.8 billion. Team purchase price: $534 million. Year purchased: 2013.
The Maloofs operated the Monarchs until 2009, when the WNBA was unable to find a new owner and the team folded. In 2013, the family sold its 65% stake for $347 million to a Sacramento group led by Vivek Ranadive that was committed to building a new arena in downtown Sacramento that had previously been rebuked by the Maloofs. [1]
Vivek Ranadivé, [52] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, [53] Sacramento Kings Partnership Group (operating entity yet to be named) 534 [54] [55] 2013: San Antonio Spurs: Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC 76 [56] 1993: Toronto Raptors: Rogers Communications (75%), Larry Tanenbaum (25% ...
If Vivek Ranadivé is successful in his final bid, ... The team is now estimated to be worth more than $2 billion. Ranadivé made his fortune in the software industry. He sold Tibco Software Inc ...
TIBCO (The Information Bus Company) was founded in 1997 by Vivek Ranadivé as a subsidiary of Reuters Holdings. [2] Ranadivé originally developed the information bus software at his previous company, Teknekron Software Systems, which he sold to Reuters for $125 million in 1994. [3]
A group led by Sacramento Kings owner Vivek Ranadive is on the verge of purchasing the city’s minor league baseball team for approximately $90 million, according to people familiar with the terms.