Ken Xie: Difference between revisions
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{{short description|American billionaire businessman (born 1963)}} |
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{{Infobox person |
{{Infobox person |
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| name = Ken Xie |
| name = Ken Xie |
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| image = |
| image = Ken Xie (born 1963) at World Economic Forum Davos 2021.png |
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| image_size = |
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| caption = |
| caption = Xie in 2021 |
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| birth_date = {{birth year and age|1963}} |
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| birth_date = {{bya|1963}} |
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| birth_place = [[Beijing]], China |
| birth_place = [[Beijing]], China |
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| death_date = |
| death_date = |
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| citizenship = American |
| citizenship = American |
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| known_for = Co-founder of [[Fortinet]] and [[NetScreen]] |
| known_for = Co-founder of [[Fortinet]] and [[NetScreen]] |
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| net_worth = US$3.5 billion (November 2020)<ref name="Forbes profile">{{cite web |title=Forbes profile: Ken Xie |url=https://www.forbes.com/profile/ken-xie/ |website=Forbes |accessdate=10 November 2020}}</ref> |
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| education = [[Tsinghua University]]<br> [[Stanford University]] |
| education = [[Tsinghua University]]<br> [[Stanford University]] |
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| occupation = |
| occupation = |
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| home_town = |
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| title = CEO and chairman, Fortinet |
| title = CEO and chairman, Fortinet |
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| children = [[Jaime Xie]] |
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| module = {{Chinese |child=yes|t=謝青|s=谢青|p=Xiè Qīng}} |
| module = {{Chinese |child=yes|t=謝青|s=谢青|p=Xiè Qīng}} |
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}} |
}} |
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'''Ken Xie''' ({{zh||s=谢青|p=Xiè Qīng}}) is an American billionaire businessman who founded Systems Integration Solutions (SIS), [[NetScreen]], and [[Fortinet]]. |
'''Ken Xie''' ({{zh||s=谢青|p=Xiè Qīng}}) is an American billionaire businessman who founded Systems Integration Solutions (SIS), [[NetScreen]], and [[Fortinet]]. |
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He is CEO of Fortinet, a cybersecurity firm based in Silicon Valley. Xie was previously the CEO of NetScreen, which was acquired by [[Juniper Networks]] for $4 billion in 2004. He built the first [[ASIC]]-based firewall/VPN appliance in 1996.<ref name=":0" /> |
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Xie was born and raised in China.<ref name="Villano">{{cite news|last1=Villano|first1=Matt|title=Ken Xie|url=http://www.crn.com:80/news/channel-programs/50500285/ken-xie.htm|accessdate=30 March 2018|work=CRN|date=15 October 2004|archive-url=https://web.archive.org/web/20130105061401/http://www.crn.com/news/channel-programs/50500285/ken-xie.htm|archive-date=5 January 2013|url-status=live}}</ref> He graduated from [[Tsinghua University]] with a B.S. and M.S. in electrical engineering,<ref name="Villano"/><ref>{{cite news|title=Faculty Member and Alumni Elected to NAS, AAAS and NAE|url=http://news.tsinghua.edu.cn/publish/7160/2013/20131015162007016236031/20131015162033009135819.pdf|accessdate=4 February 2018|work=Tsinghua Newsletter|issue=23|publisher=Tsinghua University|date=May 2013}}</ref> and from [[Stanford University]] with an M.S. in electrical engineering. |
Xie was born and raised in China.<ref name="Villano">{{cite news|last1=Villano|first1=Matt|title=Ken Xie|url=http://www.crn.com:80/news/channel-programs/50500285/ken-xie.htm|accessdate=30 March 2018|work=CRN|date=15 October 2004|archive-url=https://web.archive.org/web/20130105061401/http://www.crn.com/news/channel-programs/50500285/ken-xie.htm|archive-date=5 January 2013|url-status=live}}</ref> He graduated from [[Tsinghua University]] with a B.S. and M.S. in electrical engineering,<ref name="Villano"/><ref>{{cite news|title=Faculty Member and Alumni Elected to NAS, AAAS and NAE|url=http://news.tsinghua.edu.cn/publish/7160/2013/20131015162007016236031/20131015162033009135819.pdf|accessdate=4 February 2018|work=Tsinghua Newsletter|issue=23|publisher=Tsinghua University|date=May 2013}}</ref> and from [[Stanford University]] with an M.S. in electrical engineering. |
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⚫ | In 1993, Xie founded a network security company, Systems Integration Solutions (SIS).<ref name=":1">{{Cite web|last=Stupples|first=Benjamin|date=February 7, 2019|title=Silicon Cyber-Security Fortunes|url=https://www.bloomberg.com/news/articles/2019-02-07/silicon-valley-bros-build-billion-dollar-cyber-security-fortunes|archive-url=|archive-date=|access-date=|website=Bloomberg}}</ref> Xie built the first [[ASIC]]-based firewall/VPN appliance in 1996, in his garage in [[Palo Alto, California]].<ref name=":0">{{cite news|last1=Taulli|first1=Tom|title=The Man Who Made Two Multibillion-Dollar Companies|url=https://www.forbes.com/sites/tomtaulli/2012/02/06/a-man-who-made-two-multibillion-dollar-companies/|accessdate=27 July 2017|work=Forbes|date=6 February 2012}}</ref> That same year he founded NetScreen Technologies, an online security firm, with Yan Ke and Feng Deng.<ref name=":1" /><ref>{{Cite web|url=https://born2invest.com/articles/ceo-spotlight-fortinets-ken-xie/|title=CEO Spotlight: Fortinet's Ken Xie|last=Garcia|first=Arturo|date=2017-08-20|website=Born2Invest|language=en-US|access-date=2019-04-04}}</ref> NetScreen Technologies was later acquired by [[Juniper Networks|Juniper Networks Inc.]] for $4 billion. |
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⚫ | In 1993, Xie founded a network security company, Systems Integration Solutions (SIS).<ref name=":1">{{Cite web|last=Stupples|first=Benjamin|date=February 7, 2019|title=Silicon Cyber-Security Fortunes|url=https://www.bloomberg.com/news/articles/2019-02-07/silicon-valley-bros-build-billion-dollar-cyber-security-fortunes|archive-url=|archive-date=|access-date=|website=Bloomberg}}</ref> Xie built the first [[ASIC]]-based firewall/VPN appliance in 1996, in his garage in [[Palo Alto, California]].<ref name=":0">{{cite news|last1=Taulli|first1=Tom|title=The Man Who Made Two Multibillion-Dollar Companies|url=https://www.forbes.com/sites/tomtaulli/2012/02/06/a-man-who-made-two-multibillion-dollar-companies/|accessdate=27 July 2017|work=Forbes|date=6 February 2012}}</ref> That same year he founded NetScreen Technologies, an online security firm, with Yan Ke and Feng Deng.<ref name=":1" /><ref>{{Cite web|url=https://born2invest.com/articles/ceo-spotlight-fortinets-ken-xie/|title=CEO Spotlight: |
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=== Fortinet === |
=== Fortinet === |
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In 2000, Xie left NetScreen to create Fortinet with his brother Michael Xie, an electrical engineer.<ref name=":2">{{Cite news|date=2019-02-07|title=Silicon Valley Brothers Build Billion Dollar Cyber-Security Fortunes|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2019-02-07/silicon-valley-bros-build-billion-dollar-cyber-security-fortunes|access-date=2020-11-19}}</ref> Since then, Ken Xie has served as Fortinet's CEO, while Michael Xie is president and chief technology officer.<ref name=":2" /><ref>{{Cite news |
In 2000, Xie left NetScreen to create Fortinet with his brother Michael Xie, an electrical engineer.<ref name=":2">{{Cite news|date=2019-02-07|title=Silicon Valley Brothers Build Billion Dollar Cyber-Security Fortunes|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2019-02-07/silicon-valley-bros-build-billion-dollar-cyber-security-fortunes|access-date=2020-11-19}}</ref> Since then, Ken Xie has served as Fortinet's CEO, while Michael Xie is president and chief technology officer.<ref name=":2" /><ref>{{Cite news |date=2019-10-17|title=Reinvent Yourself And Make Billions? Fortinet CEO Shows You How|language=en-US|work=Investor's Business Daily|url=https://www.investors.com/news/management/leaders-and-success/fortinet-ceo-ken-xie-built-a-technology-titan/|access-date=2020-11-19}}</ref> Xie has stated that he founded Fortinet because he believed that security must be embedded in the end-to-end computing and networking infrastructure.<ref>{{Cite web|url=https://www.forbes.com/sites/danwoods/2018/09/07/cybersecuritys-future-powered-by-hardware/|title=Cybersecurity's Future: Powered by Hardware|last=Woods|first=Dan|website=Forbes|language=en|access-date=2019-04-25}}</ref> The Xie brothers launched the initial FortiGate products in May 2002.<ref>{{Cite book|url=https://books.google.com/books?id=VT0XBAAAQBAJ&dq=ken+xie&pg=PT567|title=Entrepreneurship Strategy: Changing Patterns in New Venture Creation, Growth, and Reinvention|last1=Gundry|first1=Lisa K.|last2=Kickul|first2=Jill R.|date=2006-08-14|publisher=SAGE Publications|isbn=9781483316857|language=en}}</ref> Xie has led Fortinet to acquire security monitoring firm AccelOps, endpoint security firm enSilo, SOAR platform provider CyberSponse,<ref>{{Cite web|title=Fortinet Acquires Security Monitoring Firm AccelOps {{!}} SecurityWeek.Com|url=https://www.securityweek.com/fortinet-acquires-security-monitoring-firm-accelops|access-date=2020-11-19|website=www.securityweek.com|date=7 June 2016 }}</ref><ref>{{Cite web|title=Fortinet Acquires Endpoint Security Firm enSilo {{!}} SecurityWeek.Com|url=https://www.securityweek.com/fortinet-acquires-endpoint-security-firm-ensilo|access-date=2020-11-19|website=www.securityweek.com|date=28 October 2019 }}</ref><ref>{{Cite web|title=Fortinet Acquires SOAR Platform Provider CyberSponse {{!}} SecurityWeek.Com|url=https://www.securityweek.com/fortinet-acquires-soar-platform-provider-cybersponse|access-date=2020-11-19|website=www.securityweek.com|date=13 December 2019 }}</ref> and the IoT-focused security firm Bradford Networks.<ref>{{Cite web|url=https://www.securityweek.com/fortinet-acquires-bradford-networks-extend-security-edge|title=Fortinet Acquires Bradford Networks to Extend Security to the Edge {{!}} SecurityWeek.Com|website=www.securityweek.com|date=5 June 2018 |access-date=2019-04-25}}</ref> |
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Xie has stated that he founded Fortinet because he believed that security must be embedded in the end-to-end computing and networking infrastructure.<ref>{{Cite web|url=https://www.forbes.com/sites/danwoods/2018/09/07/cybersecuritys-future-powered-by-hardware/|title=Cybersecurity's Future: Powered by Hardware|last=Woods|first=Dan|website=Forbes|language=en|access-date=2019-04-25}}</ref> The Xie brothers launched the initial FortiGate products in May 2002.<ref>{{Cite book|url=https://books.google.com/books?id=VT0XBAAAQBAJ&pg=PT567&lpg=PT567&dq=ken+xie&source=bl&ots=i_aRlvTD_3&sig=ACfU3U13uqS8vagicZ7aNauwtVAdVlvRiw&hl=en&sa=X&ved=2ahUKEwjG06P559zgAhUOVt8KHcA1Cds4ZBDoATADegQIBxAB#v=onepage&q=ken%20xie&f=false|title=Entrepreneurship Strategy: Changing Patterns in New Venture Creation, Growth, and Reinvention|last=Gundry|first=Lisa K.|last2=Kickul|first2=Jill R.|date=2006-08-14|publisher=SAGE Publications|isbn=9781483316857|language=en}}</ref> |
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Xie has led Fortinet to acquire security monitoring firm AccelOps, endpoint security firm enSilo, and SOAR platform provider CyberSponse, among other companies.<ref>{{Cite web|title=Fortinet Acquires Security Monitoring Firm AccelOps {{!}} SecurityWeek.Com|url=https://www.securityweek.com/fortinet-acquires-security-monitoring-firm-accelops|access-date=2020-11-19|website=www.securityweek.com}}</ref><ref>{{Cite web|title=Fortinet Acquires Endpoint Security Firm enSilo {{!}} SecurityWeek.Com|url=https://www.securityweek.com/fortinet-acquires-endpoint-security-firm-ensilo|access-date=2020-11-19|website=www.securityweek.com}}</ref><ref>{{Cite web|title=Fortinet Acquires SOAR Platform Provider CyberSponse {{!}} SecurityWeek.Com|url=https://www.securityweek.com/fortinet-acquires-soar-platform-provider-cybersponse|access-date=2020-11-19|website=www.securityweek.com}}</ref> |
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⚫ | In January 2019, Xie was a discussion leader for the Centre for Cybersecurity’s cyber workforce session at Davos’ World Economic Forum (WEF) summit.<ref>{{Cite news|url=https://www.computerweekly.com/news/252455205/Fortinet-to-lead-cyber-security-discussion-at-WEF-annual-summit|title=Fortinet to lead cyber security discussion at WEF annual summit|website=ComputerWeekly.com|language=en|access-date=2019-04-25}}</ref> In February 2020, Ken Xie spoke at the RSA conference in San Francisco about the importance of SD-WAN, edge computing, and automation.<ref>{{Cite news|date=2020-02-28|title=Fortinet CEO: SD-WAN, Edge, Automation Key to Next-Gen Security - SDxCentral|language=en-US|work=SDxCentral|url=https://www.sdxcentral.com/articles/news/fortinet-ceo-sd-wan-edge-automation-key-to-next-gen-security/2020/02/|access-date=2020-11-19}}</ref> Xie is a founding member and a member of the board of directors of the Cyber Threat Alliance.<ref>{{Cite web|last=Taylor|first=Harriet|date=2015-01-15|title=Security firms forge alliance to fight growing cyber threat|url=https://www.cnbc.com/2015/01/15/security-firms-forge-alliance-to-fight-growing-cyber-threat.html|access-date=2020-11-19|website=CNBC|language=en}}</ref><ref>{{Cite web|date=2017-02-13|title=Cyber Threat Alliance grows to six founding members; introduces Mike Daniel as president|url=https://www.scmagazine.com/home/security-news/rsa-2017/cyber-threat-alliance-grows-to-six-founding-members-introduces-mike-daniel-as-president/|access-date=2020-11-19|website=SC Media|language=en-US}}</ref> |
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In June 2018, Xie led Fortinet's acquisition of Bradford Networks, a lot-focused security firm.<ref>{{Cite web|url=https://www.securityweek.com/fortinet-acquires-bradford-networks-extend-security-edge|title=Fortinet Acquires Bradford Networks to Extend Security to the Edge {{!}} SecurityWeek.Com|website=www.securityweek.com|access-date=2019-04-25}}</ref> |
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⚫ | In January 2019, Xie was a discussion leader for the Centre for Cybersecurity’s cyber workforce session at Davos’ World Economic Forum (WEF) summit.<ref>{{Cite |
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⚫ | Xie is married and lives in [[Los Altos Hills]], California.<ref name="Forbes profile">{{cite web |title=Forbes profile: Ken Xie |url=https://www.forbes.com/profile/ken-xie/ |website=Forbes |accessdate=5 February 2021}}</ref> He is the father of [[Jaime Xie]], a [[fashion influencer]] and star on the [[Netflix]] reality TV series ''[[Bling Empire]]''.<ref>{{Cite web|last=Davis|first=Dominic-Madori|title=Inside the world of 'Bling Empire's' Jaime Xie, the tech heiress forging her own path as a fashion influencer|url=https://www.businessinsider.com/netflix-bling-empire-star-jaime-xie-talks-fashion-influencer-fortune-2021-1|access-date=2021-01-28|website=Business Insider}}</ref> In September 2020, Xie joined the [[Forbes 400]] list.<ref>{{Cite web |last=Tognini |first=Giacomo |title=Newcomers: These 18 Billionaires Join The Forbes 400 List In 2020 |url=https://www.forbes.com/sites/giacomotognini/2020/09/08/newcomers-these-18-billionaires-join-the-forbes-400-list-in-2020/ |access-date=2020-11-19 |website=Forbes |language=en}}</ref> |
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=== Private foundation === |
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Xie runs a private foundation, along with his brother. Since 2009, Xie has had more than $30 million in income tax deductions by contributing shares of Fortinet to this private foundation.<ref name=":02">{{Cite web |last=Ernsthausen |first=Jeff |date=2023-07-26 |title=How the Ultrawealthy Use Private Foundations to Bank Millions in Tax Deductions While Giving the Public Little in Return |url=https://www.propublica.org/article/how-private-nonprofits-ultrawealthy-tax-deductions-museums-foundation-art |website=ProPublica |language=en}}</ref> In 2017, the private foundation spent $3 million on a home in Cupertino, California which Xie and his then-girlfriend lived in.<ref name=":02" /> In January 2020, the house was transferred from the foundation to a LLC. |
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Xie is married and lives in [[Los Altos Hills]], California.<ref name="Forbes profile" /> |
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==References== |
== References == |
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[[Category:Members of Committee of 100]] |
[[Category:Members of Committee of 100]] |
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[[Category:Stanford University alumni]] |
[[Category:Stanford University alumni]] |
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[[Category:American businesspeople of Chinese descent]] |
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[[Category:Businesspeople from Beijing]] |
[[Category:Businesspeople from Beijing]] |
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[[Category:American technology company founders]] |
[[Category:American technology company founders]] |
Latest revision as of 19:55, 21 May 2024
Ken Xie | |||||||
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Born | 1963 (age 60–61) Beijing, China | ||||||
Citizenship | American | ||||||
Education | Tsinghua University Stanford University | ||||||
Known for | Co-founder of Fortinet and NetScreen | ||||||
Title | CEO and chairman, Fortinet | ||||||
Children | Jaime Xie | ||||||
Chinese name | |||||||
Traditional Chinese | 謝青 | ||||||
Simplified Chinese | 谢青 | ||||||
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Ken Xie (Chinese: 谢青; pinyin: Xiè Qīng) is an American billionaire businessman who founded Systems Integration Solutions (SIS), NetScreen, and Fortinet.
He is CEO of Fortinet, a cybersecurity firm based in Silicon Valley. Xie was previously the CEO of NetScreen, which was acquired by Juniper Networks for $4 billion in 2004. He built the first ASIC-based firewall/VPN appliance in 1996.[1]
Early life
[edit]Xie was born and raised in China.[2] He graduated from Tsinghua University with a B.S. and M.S. in electrical engineering,[2][3] and from Stanford University with an M.S. in electrical engineering.
Career
[edit]In 1993, Xie founded a network security company, Systems Integration Solutions (SIS).[4] Xie built the first ASIC-based firewall/VPN appliance in 1996, in his garage in Palo Alto, California.[1] That same year he founded NetScreen Technologies, an online security firm, with Yan Ke and Feng Deng.[4][5] NetScreen Technologies was later acquired by Juniper Networks Inc. for $4 billion.
Fortinet
[edit]In 2000, Xie left NetScreen to create Fortinet with his brother Michael Xie, an electrical engineer.[6] Since then, Ken Xie has served as Fortinet's CEO, while Michael Xie is president and chief technology officer.[6][7] Xie has stated that he founded Fortinet because he believed that security must be embedded in the end-to-end computing and networking infrastructure.[8] The Xie brothers launched the initial FortiGate products in May 2002.[9] Xie has led Fortinet to acquire security monitoring firm AccelOps, endpoint security firm enSilo, SOAR platform provider CyberSponse,[10][11][12] and the IoT-focused security firm Bradford Networks.[13]
In January 2019, Xie was a discussion leader for the Centre for Cybersecurity’s cyber workforce session at Davos’ World Economic Forum (WEF) summit.[14] In February 2020, Ken Xie spoke at the RSA conference in San Francisco about the importance of SD-WAN, edge computing, and automation.[15] Xie is a founding member and a member of the board of directors of the Cyber Threat Alliance.[16][17]
Personal life
[edit]Xie is married and lives in Los Altos Hills, California.[18] He is the father of Jaime Xie, a fashion influencer and star on the Netflix reality TV series Bling Empire.[19] In September 2020, Xie joined the Forbes 400 list.[20]
Xie was made a member of the National Academy of Engineering in 2013.[21]
Private foundation
[edit]Xie runs a private foundation, along with his brother. Since 2009, Xie has had more than $30 million in income tax deductions by contributing shares of Fortinet to this private foundation.[22] In 2017, the private foundation spent $3 million on a home in Cupertino, California which Xie and his then-girlfriend lived in.[22] In January 2020, the house was transferred from the foundation to a LLC.
References
[edit]- ^ a b Taulli, Tom (February 6, 2012). "The Man Who Made Two Multibillion-Dollar Companies". Forbes. Retrieved July 27, 2017.
- ^ a b Villano, Matt (October 15, 2004). "Ken Xie". CRN. Archived from the original on January 5, 2013. Retrieved March 30, 2018.
- ^ "Faculty Member and Alumni Elected to NAS, AAAS and NAE" (PDF). Tsinghua Newsletter. No. 23. Tsinghua University. May 2013. Retrieved February 4, 2018.
- ^ a b Stupples, Benjamin (February 7, 2019). "Silicon Cyber-Security Fortunes". Bloomberg.
- ^ Garcia, Arturo (August 20, 2017). "CEO Spotlight: Fortinet's Ken Xie". Born2Invest. Retrieved April 4, 2019.
- ^ a b "Silicon Valley Brothers Build Billion Dollar Cyber-Security Fortunes". Bloomberg.com. February 7, 2019. Retrieved November 19, 2020.
- ^ "Reinvent Yourself And Make Billions? Fortinet CEO Shows You How". Investor's Business Daily. October 17, 2019. Retrieved November 19, 2020.
- ^ Woods, Dan. "Cybersecurity's Future: Powered by Hardware". Forbes. Retrieved April 25, 2019.
- ^ Gundry, Lisa K.; Kickul, Jill R. (August 14, 2006). Entrepreneurship Strategy: Changing Patterns in New Venture Creation, Growth, and Reinvention. SAGE Publications. ISBN 9781483316857.
- ^ "Fortinet Acquires Security Monitoring Firm AccelOps | SecurityWeek.Com". www.securityweek.com. June 7, 2016. Retrieved November 19, 2020.
- ^ "Fortinet Acquires Endpoint Security Firm enSilo | SecurityWeek.Com". www.securityweek.com. October 28, 2019. Retrieved November 19, 2020.
- ^ "Fortinet Acquires SOAR Platform Provider CyberSponse | SecurityWeek.Com". www.securityweek.com. December 13, 2019. Retrieved November 19, 2020.
- ^ "Fortinet Acquires Bradford Networks to Extend Security to the Edge | SecurityWeek.Com". www.securityweek.com. June 5, 2018. Retrieved April 25, 2019.
- ^ "Fortinet to lead cyber security discussion at WEF annual summit". ComputerWeekly.com. Retrieved April 25, 2019.
- ^ "Fortinet CEO: SD-WAN, Edge, Automation Key to Next-Gen Security - SDxCentral". SDxCentral. February 28, 2020. Retrieved November 19, 2020.
- ^ Taylor, Harriet (January 15, 2015). "Security firms forge alliance to fight growing cyber threat". CNBC. Retrieved November 19, 2020.
- ^ "Cyber Threat Alliance grows to six founding members; introduces Mike Daniel as president". SC Media. February 13, 2017. Retrieved November 19, 2020.
- ^ "Forbes profile: Ken Xie". Forbes. Retrieved February 5, 2021.
- ^ Davis, Dominic-Madori. "Inside the world of 'Bling Empire's' Jaime Xie, the tech heiress forging her own path as a fashion influencer". Business Insider. Retrieved January 28, 2021.
- ^ Tognini, Giacomo. "Newcomers: These 18 Billionaires Join The Forbes 400 List In 2020". Forbes. Retrieved November 19, 2020.
- ^ "Mr. Ken Q. Xie". National Academy of Engineering Member Listings. NAE.edu.
- ^ a b Ernsthausen, Jeff (July 26, 2023). "How the Ultrawealthy Use Private Foundations to Bank Millions in Tax Deductions While Giving the Public Little in Return". ProPublica.
- 1963 births
- Living people
- Chinese emigrants to the United States
- American technology chief executives
- American computer businesspeople
- Businesspeople in software
- Tsinghua University alumni
- Members of Committee of 100
- Stanford University alumni
- Businesspeople from Beijing
- American technology company founders
- Chinese company founders
- Members of the United States National Academy of Engineering
- American billionaires
- People from Los Altos Hills, California