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{{short description|American billionaire businessman (born 1963)}}
{{short description|American billionaire businessman (born 1963)}}
{{Use mdy dates|date=October 2023}}
{{Infobox person
{{Infobox person
| name = Ken Xie
| name = Ken Xie
| image =
| image = Ken Xie (born 1963) at World Economic Forum Davos 2021.png
| image_size =
| image_size =
| caption =
| caption = Xie in 2021
| birth_name =
| birth_date = {{birth year and age|1963}}
| birth_date = {{birth year and age|1963}}
| birth_place = [[Beijing]], China
| birth_place = [[Beijing]], China
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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]]. 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" />
'''Ken Xie''' ({{zh||s=谢青|p=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.<ref name=":0" />


== Early life ==
== Early life ==
Line 28: Line 30:


=== Fortinet ===
=== Fortinet ===
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|last=Investor's Business Daily|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>
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>


⚫
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>
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>


⚫
== Personal life ==
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|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>
⚫
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>


Xie was made a member of the [[National Academy of Engineering]] in 2013.<ref>{{cite web|title=Mr. Ken Q. Xie|url=https://www.nae.edu/MembersSection/MemberDirectory/69283.aspx|website=National Academy of Engineering Member Listings|publisher=NAE.edu}}</ref>
Xie was made a member of the [[National Academy of Engineering]] in 2013.<ref>{{cite web |title=Mr. Ken Q. Xie |url=https://www.nae.edu/MembersSection/MemberDirectory/69283.aspx |website=National Academy of Engineering Member Listings |publisher=NAE.edu}}</ref>


=== Private foundation ===
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|date=5 June 2018 |access-date=2019-04-25}}</ref>
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.

⚫
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 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> 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>

⚫
== Personal life ==
⚫
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>


== References ==
== References ==

Latest revision as of 19:55, 21 May 2024

Ken Xie
Xie in 2021
Born1963 (age 60–61)
Beijing, China
CitizenshipAmerican
EducationTsinghua University
Stanford University
Known forCo-founder of Fortinet and NetScreen
TitleCEO and chairman, Fortinet
ChildrenJaime Xie
Chinese name
Traditional Chinese謝青
Simplified Chinese谢青
Transcriptions
Standard Mandarin
Hanyu PinyinXiè Qīng

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]
  1. ^ a b Taulli, Tom (February 6, 2012). "The Man Who Made Two Multibillion-Dollar Companies". Forbes. Retrieved July 27, 2017.
  2. ^ a b Villano, Matt (October 15, 2004). "Ken Xie". CRN. Archived from the original on January 5, 2013. Retrieved March 30, 2018.
  3. ^ "Faculty Member and Alumni Elected to NAS, AAAS and NAE" (PDF). Tsinghua Newsletter. No. 23. Tsinghua University. May 2013. Retrieved February 4, 2018.
  4. ^ a b Stupples, Benjamin (February 7, 2019). "Silicon Cyber-Security Fortunes". Bloomberg.
  5. ^ Garcia, Arturo (August 20, 2017). "CEO Spotlight: Fortinet's Ken Xie". Born2Invest. Retrieved April 4, 2019.
  6. ^ a b "Silicon Valley Brothers Build Billion Dollar Cyber-Security Fortunes". Bloomberg.com. February 7, 2019. Retrieved November 19, 2020.
  7. ^ "Reinvent Yourself And Make Billions? Fortinet CEO Shows You How". Investor's Business Daily. October 17, 2019. Retrieved November 19, 2020.
  8. ^ Woods, Dan. "Cybersecurity's Future: Powered by Hardware". Forbes. Retrieved April 25, 2019.
  9. ^ Gundry, Lisa K.; Kickul, Jill R. (August 14, 2006). Entrepreneurship Strategy: Changing Patterns in New Venture Creation, Growth, and Reinvention. SAGE Publications. ISBN 9781483316857.
  10. ^ "Fortinet Acquires Security Monitoring Firm AccelOps | SecurityWeek.Com". www.securityweek.com. June 7, 2016. Retrieved November 19, 2020.
  11. ^ "Fortinet Acquires Endpoint Security Firm enSilo | SecurityWeek.Com". www.securityweek.com. October 28, 2019. Retrieved November 19, 2020.
  12. ^ "Fortinet Acquires SOAR Platform Provider CyberSponse | SecurityWeek.Com". www.securityweek.com. December 13, 2019. Retrieved November 19, 2020.
  13. ^ "Fortinet Acquires Bradford Networks to Extend Security to the Edge | SecurityWeek.Com". www.securityweek.com. June 5, 2018. Retrieved April 25, 2019.
  14. ^ "Fortinet to lead cyber security discussion at WEF annual summit". ComputerWeekly.com. Retrieved April 25, 2019.
  15. ^ "Fortinet CEO: SD-WAN, Edge, Automation Key to Next-Gen Security - SDxCentral". SDxCentral. February 28, 2020. Retrieved November 19, 2020.
  16. ^ Taylor, Harriet (January 15, 2015). "Security firms forge alliance to fight growing cyber threat". CNBC. Retrieved November 19, 2020.
  17. ^ "Cyber Threat Alliance grows to six founding members; introduces Mike Daniel as president". SC Media. February 13, 2017. Retrieved November 19, 2020.
  18. ^ "Forbes profile: Ken Xie". Forbes. Retrieved February 5, 2021.
  19. ^ 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.
  20. ^ Tognini, Giacomo. "Newcomers: These 18 Billionaires Join The Forbes 400 List In 2020". Forbes. Retrieved November 19, 2020.
  21. ^ "Mr. Ken Q. Xie". National Academy of Engineering Member Listings. NAE.edu.
  22. ^ 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.
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