He joined Goldman Sachs Group Inc. as a tech investment banker in 1994, working in New York and then San Francisco before leaving to start Vista in 2000, which focuses on the enterprise software sector. He’s been chairman of Carnegie Hall since 2016.

Smith signed the Giving Pledge in 2017, promising to invest half his net worth during his lifetime towards protecting the environment and supporting equality.

“Potential is no guarantee of progress,” he wrote in his 2017 letter. “We will only grasp the staggering potential of our time if we create onramps that empower ALL people to participate, regardless of background, country of origin, religious practice, gender, or color of skin.”

This article was provided by Bloomberg News.

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