Tom Golisano

$6.42B
as of 10/04/24

About Tom Golisano

Tom Golisano founded payroll giant Paychex in 1971 with just $3,000 and a credit card.

He served as CEO until 2004 and remains a director of the publicly-traded company.

Born in Rochester, New York, to a macaroni salesman and a seamstress, Golisano ran for governor three times under the Independence Party of New York.

In 2011, he sold the Buffalo Sabres to billionaire Terry Pegula for $189 million, after rejecting a higher bid that would have taken them out of town.

The father of a son with special needs, Golisano has pledged or donated more than $300 million to support children with autism and other disabilities.

Personal stats

Citizenship

United States of America

Source of wealth

Payroll services

Residence

Naples, Florida

Marital status

Married

Birth date

11/14/41 (age 82)

Number of children

2

Education

Associate in Arts/Science, SUNY Tech Alfred

Self-made

self-made

Tom Golisano’s fortune is worth

107K

troy ounces of gold

99K

median U.S. household

64K

median U.S. income

0.128%

U.S. credit card volume

0.026%

GDP of the United States

0.019%

United States debt

Net worth history

Annual ranking

Did you know?

Golisano moved to Florida in 2009 because it would save him $13,800 a day in income taxes.

Net worth over time

Real-time ranking

Financial assets

NASDAQ | PAYX-US

Paychex

US OTC | TLCC-US

Twinlab Consolidated Holdings

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