[6], Switch developed an over $5 trillion purchasing cooperative to allow customers to collectively purchase telecommunications and other services across all of its campuses. Switch TAHOE RENO Roy exhibits such unabashed enthusiasm for Switch's accomplishments that it seems almost miraculous for him to have rejected public accolades over the past 8 years. What is Rob Roy's net worth? Visitors needed swipe cards. "Those companies (Google, Microsoft and others) spending $500m on their data centers can only do one fourth of what we can do at the new site," Roy told me. Roy owned 30 percent of the business, according to court documents filed on behalf of Roy. "We are going to switch up a charity for at least a little bit to provide money to ALS research. Roy says data center space is selling faster than he expected, but competitors won't be able to rest easy when it's filled up. Compared to the military-grade security Switch is known for today, the human security at Colocation Gateways was Roy, Ohler and Roys brother checking on the building once a day. Like us on Facebook. Rob Roy, Switch Founder & CEO by abartholomew | Sep 19, 2022 "My vision for Switch is to sustainably power the future of the connected world by providing the most secure, energy-efficient technology ecosystems to facilitate digital commerce and to do our part to enhance human productivity and drive economic prosperity." [23] In June 2017, EDF Renewable Energy acquired the two solar projects from First Solar. Rob is trying to think of the things he can build for his dad, Roys mother told the newspaper. The centers are intended for collaboration between students, entrepreneurs, businesses, investors and non-profits. Scanners verified fingerprints. The CEO, Rob Roy, is the most brilliant and talented business person I have had the pleasure to work with. Rob Roy is CEO and Founder of Switch, developer of the world-renowned SUPERNAP data centers. Roy declined to comment on the record for this story. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. he notes. "We own all three parcels of land around the substation next door," Roy says. Switch, Inc. is a company based in Las Vegas, Nevada, that develops and operates the SUPERNAP data center facilities and provides colocation, telecommunications, cloud services, and content ecosystems. Its now controlled by the independent living center IndependenceFirst. He raised our child.. Storage, Switch LAS VEGAS Switch Inc. gave its founder and Chief Executive Officer Rob Roy a $94.6 million pay package in 2017, with most of it in a stock award tied to the firms initial public offering. Hes clearly one of the brightest people Ive ever met.. Ohler accused Roy of stealing at least $45,000 from the company account and changing the codes to the Sahara building, locking Ohler out, according to court documents. Rob Roy -- who has a life-sized Terminator statue in his office -- says his company's 407,000-square-foot SuperNAP is the most energy efficient, high-density data center in the world. More than a decade and a half ago, Rob Roy realized that the data center industry was going to experience unbelievable growth in all aspects of scope and consumption. Come November, Switch will throw a huge party at the SuperNAP for its investors, top customers, employees and the local bigwigs in the real estate and casino businesses. [30][31] This is the first of eight planned data centers to be built at TRIC. Borden had visited his sons in the Las Vegas Valley using an outfitted mobile home, she said. He was 25. Youre sitting there in every meeting, Roy told The Register. [12] Switch is currently[when?] He is generous to both his employees and the communities in which he builds data centers. Mr. Roy earned a salary of $1,046,000.00, stock awards of $5,739,984.00, non-equity compensation of $1,496,970.00, and other compensation of $475,761.00. Two years later, Roy restarted the business under the name Switch. Although he could not reveal most of his customers publicly, he says two of the world's largest new cloud-computing concepts are based at the SuperNAP, as well as some online gaming systems, including one run by Sony. At the time, Roy oversaw a team of about 30 people with Las Vegas home builder Champion Homes, the company behind Champion Village in Henderson and Iron Mountain Ranch in the northwestern valley. Had the break happened higher, Borden could have died, according to the newspaper. He has not only designed the largest and most advanced technology ecosystems in the world, but his stamp of innovation and attention to detail can be witnessed across many sectors including robotics, storage, software development, architecture and design. Gregg Doc Cramer taught English and coached sophomore football at the high school. According to TMZ, Tiffany Riggle cited "irreconcilable differences" as the reason she filed for divorce from Rob Riggle. Switch's IPO in October should have net Roy over $700 million. [3][43] According to The Register, "organizations turn to Switch for black-ops projects, spam filtering of the most serious proportions, utility computing projects, data warehouses at casinos, modeling, online games and ordinary e-commerce". Rob Roy - Chief Executive Officer, Switch, Inc As of December 8, 2022 What is Rob Roy's Net Worth? "I have the coolest family ever. [28], In January, 2015 Switch announced a $4 billion expansion plan to build a new data center campus east of Reno in Storey County. Rob Roy is the CEO of Switch Inc and owns about 14,851,842 shares of Switch Inc (SWCH) stock worth over $509 Million . Request a Quote Learn More on Rob Roy's contact information. On the topic of family, Roy says he got much of his inspiration from his father, who became a quadriplegic when Roy was 12 and thereafter earned a computer science degree. As such, the companys challenge is recruiting clients from higher tier data center markets such as San Francisco, Dallas and Ashburn, Virginia. [30], In order to connect its Las Vegas and Tahoe-Reno campus, Switch is building the Switch SUPERLOOP fiber network, which will connect Las Vegas to Reno through 500-miles (800km) of fiber. The places where Switch has built Las Vegas, Reno and Grand Rapids, Michigan are not considered popular areas for data centers. Rob Roy's Innevation Center is a 65,000-square-foot collaborative workspace and community event venue driving Nevada's new innevation economy, donated to the community by Switch Founder and CEO Rob Roy. As of 6 December 2022 he still owns at least 959,216 units of Switch Inc stock. Multi-System Exterior Wall Penetrating HVAC Units. There are no executives at Switch Inc getting paid more. In addition, Switch SUPERNAP 9 has received a Tier IV Gold Operational Sustainability Certificate, a Tier IV Design Certificate and a Tier IV Constructed Facility Certificate. Rob Roy has turned his wealth into political capital as well. [24], Switch has sued NV Energy for $30 million over disagreements about power price,[25][26][27] and in 2016 Switch was allowed to switch from NV Energy to its own solar power plants at an "exit fee" of $27 million. Roy was the middle child to older sister, Kelly, and younger brother, Michael, future president of Switch. [46], In 2017, the firm donated $3.4 million in data center services to the University of Nevada, Reno for a new supercomputer, called Pronghorn. She said she never met Roy, but Borden often talked about his sons. Switch is a company to watch, even with its unusual traits, said Jabez Tan, a data center research director at the Structure Research consulting firm. Here are some photos from the day. Learn More on Rob Roy's salary. Stella Roys son from another relationship would adopt the Roy last name in 2011, according to court records. Switch CEO and Founder Rob Roy's Gigawatt 1 solar project will be built in Northern and Southern Nevada. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada. How many families get you a Terminator?" When your name is Rob Roy, and you set out to build the world's most efficient, high-density data center, there's no sense in being modest. Switch has maintained Ohler had no influence or significant role in the founding of Roys business. Switch founder and CEO Rob Roy has developed more than 260 patent and patent-pending claims covering data center designs that have manifested into the company's world-renowned data centers and . Behind him, a dashboard of buttons lets him open and close doors without leaving his seat. Roy was 12. The estimated net worth of Rob Roy is at least $509 Million dollars as of 2023-02-03. Roy eventually got into commercial real estate, and basically fused his two fields of expertise in his current venture. "To . Rob Roy Chief Executive Officer, Founder, Chairman, Inventrepreneur Thomas Morton President, Chief Legal Officer Gabe Nacht Chief Financial Officer Missy Young Chief Information Officer Chris Donnelly He has the ability to envision what can be, but then has the practical ability to create it, said Don Snyder, a Switch board member whose resume includes leadership roles at Boyd Gaming and UNLV. As of July 2015, half of the company's 14 top executives are women. Information on this page was last updated on 10/17/2022. He remembers Roys father on the sidelines in a motorized wheelchair watching his son play linebacker and offensive guard. Rob Roy is driven by the principle of Karma: putting good energy out into the world and getting good energy back. Learn how and when to remove this template message, "Switch Communications data center expanding to 2.2 million square feet", "Switch SUPERNAP Named as the First and Only Registered Hosting Center for Online Gaming by the Nevada Gaming Commission", "SuperNAP 8 Earns Tier IV Gold Status for Operations", "SUPERNAP: The World's Most Advanced Data Center", "Welcome to Las Vegas - Home of the technology superpower you've never heard of", "SuperNAP Data Centers Branches Out of the US", "Switch launches 'Tier 5' data center standard", "Switch Backs Away from Uptime's Tiers, Pushes Own Data Center Standard | Data Center Knowledge", With seven women among its top 14 executives, Switch sets itself apart., "Regional tech industry welcomes Switch. Executive Team Lines and paragraphs break automatically. The SuperNAP has the best design, the best connection hub, the best price on bandwidth, the best customer service. He put $20,000 of his own money toward the company and raised $433,000 for investors who held a 40 percent stake in the company, according to court records. The Register Biting the hand that feeds IT, Copyright. Las Vegas incubator program aims to help small businesses grow, Governor: Las Vegas gasoline pipeline operational, Nevada governor declares state of emergency after fuel pipeline leak, Oscar Mayer Wienermobile making 4 stops in Las Vegas, Its in the cards: CCSD hoping employees will recruit teachers. In 2013, Switch posted revenue of $166.8 million. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Copyright 2023 IDG Communications, Inc. That is, if you know he exists at all. Legend has it that the company managed to acquire what was once meant to be Enron's broadband trading hub for a song. Rob Roy is committed to paying forward the success of Switch and is passionate about enabling a more diverse Nevada economy. That month, Ohler described the security within the steel-lined building in an interview with Nevada Business magazine about the company Colocation Gateways. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your Privacy Choices and Rights (each updated 1/26/2023). Registered in England and Wales. In the spring of 1983, Roys father enrolled at the nearby University of Wisconsins Madison campus, according to university records. [1][2], Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. Champion Homes would file for Chapter 11 bankruptcy in December 1999. [6] Six years later, in 2008, Switch was planning to build its first SUPERNAP facility which would "rival anything being built by the likes of Microsoft and Google" for $350 million, with Roy stating that he could store "four times as much gear as those companies do in his center".[6]. Rob Roys standard of excellence and leadership is visible throughout Switch and the technology industry. Then I learned that Sun Microsystems had a significant presence inside of Switch's existing hosting facility. The title means Roy contributed at least $1 million to the project, which opened in March 2012. [20][21] The Core Campus located in Las Vegas consists of eleven operating data centers spanning over 2million square feet (190,000m2). The most recent insider tranaction occured on October, 17th when Director Thomas A Thomas sold 40,000 shares worth more than $1,353,200.00. (Dewey Pfister/Wausau Daily Herald), Rob Roy was named "best legs" in his 1987 senior yearbook for Middleton High School near Madison, Wisconsin. Social Responsibility Thanks to his wife and daughter, he works in an office surrounded by various figurines from the worlds of King Kong and Middle-earth, a Predator head, and a custom-made, life-sized, gun-toting Terminator. Roys signature changed over time as well. His company grew from leased space in an eastern valley strip mall to about Companies fall all over themselves to issue press releases about things as a minor as cost-savings achieved by changing toilet paper suppliers. Cookie Settings/Do Not Sell My Personal Information. Jason Ogulnik Las Vegas Review-Journal, This 1980 article from the Wausau Daily Herald, of Wisconsin, includes a photo of a young Rob Roy, then known as Rob Borden. In 2014, Roy, Snyder and board member Bryan Wolf helped bring a supercomputer to Las Vegas from Wolfs employer, Intel. He named Borden in 1999 among bold pioneers who are leading Wisconsin into the next millennium., Bruce was the kind of guy that if he thought he had a good idea, he liked to share it, said fellow disabilities advocate Charlene Dwyer, now a consultant. Patent Book Details can be seen in Rob Roy's Latest Holdings Summary section. "How much marketing have you ever seen me do? In Rob Roys mission to redesign and redefine every aspect of the data center, he has developed more than 700 patent and patent-pending claims. That's because it has operated in near total secrecy for the last few years. While building the company, Roy, now 48, has stirred enough hearsay to envy the Scottish folk hero with whom he shares a name. The name of the company - Switch Communications - will go unrecognized by almost all of you. The estimated Net Worth of Rob Roy is at least $57.8 Million dollars as of 6 December 2022. Rob's mailing address filed with the SEC is C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS, NV, 89118. Mr. Roy first began developing data center facilities in 2000, merging several predecessor companies into Switch, Ltd. after its formation. Roy had a sort of media coming-out party last May in the Register, a London-based tech pub which ran the headline "Welcome to Las Vegas Home of the technology superpower you've never heard of.". During the last year, insiders at the sold shares 7 times. He met the former Stella Leighton during a visit to Las Vegas and married her in August 1994, according to district court records. The competitors have no hope. ESG [7][22], Power to the data facilities will be generated through two solar generation projects, Switch Station 1 and Switch Station 2. Enter your email address below to get our daily insider buying and selling report. Snyder brought Roy on as one of about 60 founders of The Smith Center for the Performing Arts. Roy is almost 40 years old. The estimated net worth of Rob Roy is at least $26.22 million as of January 11th, 2021. Next stop: US and EU regulators, Framework offers refurb kit and parts for instance, to upgrade a decades-old subnotebook, This could have practical applications for human technology, say boffins, Cupertino not entirely off the hook yet, Amazon Web Services (AWS) Business Transformation. The firm added a campus in Grand Rapids, Michigan, and recently announced plans to develop a more than 1-million-square-foot (93,000m2) data center campus in Atlanta, Georgia. The deal was first announced in May. The Citadel Campus at Tahoe Reno Industrial Center (TRIC) is over 1,000 acres (400ha) and is expected to have more than 7.2million square feet (670,000m2) of data center space at completion. Roy left the Midwest to attend one semester at BYU in fall 1987, according to university records. Everything is on a massive scale. ", "UNLV Awarded the Use of Intel's World-Class Supercomputer Cherry Creek", "Switch Donates $3.4M in Data Center Services for Reno Supercomputer", "NAASIC to spur autonomous systems development, receives $3 million in state funding", U.S. Patent-Integrated wiring system and thermal shield support apparatus for a data center, U.S. Patent-Server system with heat dissipation device, U.S. Patent-Data center air handling unit, U.S. Patent-Electronic equipment data center or co-location facility designs and methods of making and using the same, U.S. Patent-Data center facility design configuration, https://en.wikipedia.org/w/index.php?title=Switch_(company)&oldid=1138283551, Networking companies of the United States, Companies formerly listed on the New York Stock Exchange, Pages with non-numeric formatnum arguments, All articles with bare URLs for citations, Articles with bare URLs for citations from March 2022, Articles with PDF format bare URLs for citations, Short description is different from Wikidata, Articles with a promotional tone from November 2019, All articles with vague or ambiguous time, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License 3.0. Roy describes the 407,000 square foot facility as the most energy efficient, tightly packed data center on the planet. On average, Mr trades about 56,328 units every 23 days since 2017. If a technology giant really existed in Las Vegas of all places, then it should be patting itself on the back and then letting city officials finish off the job with celebrations of their own. [7] In 2017, the company announced it would no longer pursue certifications by the Uptime Institute, and instead planned to create a non-profit organization to control and define a new data center standard that uses 30 additional metrics and is called Tier 5 Platinum, and that they have plans to follow the new standards. CEO Recent Trades: CEO, 10% Owner Rob Roy sold 100,000 shares of SWCH. ", Network World secured a tour of the SuperNAP through APC, which outfitted the data center with NetShelter SX racks, thousands of rack-mounted power distribution units and UPS power supplies. Insiders at Switch own 14.0% of the company. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. "Most data centers don't even have 1,000 cabinets," he says. (1987. Boxabl held a ribbon cutting ceremony Monday for its second factory in North Las Vegas, less than two years after opening its first facility in 2021. ", This is how Roy talks. Hes being an ambassador to the city.. The oldest executive at Switch Inc is Gabriel Nacht, 60, who is the Chief Financial Officer. THE WORLD'S BEST DATA CENTER DESIGN More than a decade and a half ago, Rob Roy realized that the data center industry was going to experience unbelievable growth in all aspects of scope and consumption. The business leased less than 10,000 square feet of space in a strip mall near Sahara Avenue and Lamb Boulevard. Roy has continued to help the center with technology needs, improving its broadcast power and even helping land a company to set up the phone system, Smith Center CEO Myron Martin said. The $11 billion sale of Las Vegas-based data center developer Switch Inc. officially closed on Tuesday. Ohler owned 25 percent. They sold a total of 280,000 shares worth more than $9,313,600.00. In addition, he makes $2,717,802 as Founder and Chairman & CEO at Switch Inc. Mr has made over 15 trades of the Switch Inc stock since 2020, according to the Form 4 filled with the SEC. Here are some photos from the day. Switch ATLANTA, Contact Us Sales managers told KNPR that only Roy showed to the Enron auction despite representatives marketing to 300 information technology companies over three months. [7], Switch SUPERNAP 8 data center has received Tier IV Gold Operational Sustainability Certificate from the Uptime Institute, a Tier IV Constructed Facility Certificate and Tier IV Design Certificate. Shares rose by around five percent following the report, valuing the company at over $7 billion. Rob Roy's standard of excellence and leadership is visible throughout Switch and the technology industry. Switch began in concept in November 1999. Rob Roy's standard of excellence and leadership is visible throughout Switch and the technology industry. The next month, Roy started working with data centers full time. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. While his father restarted college, Roy was leaving Kromrey Middle School and entering Middleton High School. Telecom Whoever owned the building would have the technology to send the entire Library of Congress anywhere in the world in minutes and stream video to the all of California, according to a 2004 KNPR program. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Follow @wademillward on Twitter. His candidates of choice included Republican Gov. [14] In 2016 Switch joined the WWF/WRI Renewable Buyers Principles. [3] Borden died in January 2012 in Middleton, Wisconsin. He graduated high school in 1987, according to Middleton-Cross Plains Area School District records. 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People associated with Switch founder Rob Roy bought the building in 2003 for less than $1 million. This net worth estimate does not reflect any other investments that Mr. Roy may own. Of those, 3 million vested immediately while the remainder, worth about $81.9 million at the end of 2017, will be handed to him gradually over four years, according to a regulatory filing Friday. Romaine Bostick breaks down the day's top stories and trading action leading into the close. It will cover an area of nearly 75 rai (12 hectares) and is located 27-kilometers away from an international cable landing station linking national and international telecoms and IT carriers. Mr Roy is 52, he's been the Founder and Chairman & CEO of Switch Inc since . As Switch's CEO Rob Roy tells it, however, the company had good reason to avoid publicity. All rights reserved 19982023, Latest claim comes days after Dept of Energy waved finger in China's direction, All part of the cloud provider's Confidential Computing push, Next version of Red Hat's bleeding-edge distro won't drop all the older tech it had hoped to, Giving storage platforms enhanced built-in security features will be a significant step toward counteracting the impacts of cybercrime in 2023, Dell experts predict, Interstellar Boundary Explorer isn't listening and Surface Water Ocean Topography mission off to unlucky start, Job cutting plan expected to ease pressures later this year, Gartner finds pandemic-related trend is becoming the norm, Entrance of SpaceX and others into airline Wi-Fi eases worries. He is passionate about ensuring that every Switch customer has an exceptional experience in all aspects in which they engage with the company. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Since that time, Rob Roy has added numerous patent claims to his portfolio and has currently developed over 700 issued and pending patent claims. Web page addresses and e-mail addresses turn into links automatically. Everything clobbers the competition. He expects it to be filled by the world's most prominent companies, including just about every technology heavyweight you can think of and the major media conglomerates. . Rob Roy is CEO and Founder of Switch, developer of the world-renowned Switch data centers. Of course, I didn't have a computer science degree at 17. Bruce Borden struck his head at the bottom of water less than 3 feet deep, according to the Wausau Daily Herald. The couple was married on April 19, 1999 and separated on May 2, 2020. ", "First Solar, Inc., 179 Megawatt AC (MWac) Switch Station 1 and Switch Station 2 Solar Projects: Private Company Information - Bloomberg", "Why Data Center Provider Switch is Suing Nevada and NV Energy", http://pucweb1.state.nv.us/PDF/AxImages/DOCKETS_2015_THRU_PRESENT/2016-9/15489.pdf, "Switch applies for wholesale electricity for Northern Nevada project", "Switch reaches agreement with Nevada regulators to leave NV Energy", "Vegas' Switch Opens World's Biggest Data Center in Northern Nevada", "On Switch: Reno-area SuperNAP to be largest data center on Earth. The dividend yield of Switch Inc stocks is 0.93%. The 38 year-old CEO insists that he stayed quiet to protect his customers and because businesses was so good that Switch didn't need the attention. constructing the first of two solar farms, which will provide renewable energy to its data centers. Roy alleges Ohler never returned Roys calls, that he missed his scheduled site visits and that he asked customers for a job. In the next couple of months, Switch will open a new facility located just a few miles from the McCarran International Airport called the SuperNAP. . The SuperNAP is the most efficient data center in the world, the most dense, he says. Don't miss the big stories. (Dewey Pfister/Wausau Daily Herald), This 1981 article from the Wausau Daily Herald, of Wisconsin, includes a photo of an auction to raise money to buy a van for Bruce Borden. Wausau daily Herald which he builds data centers, Borden could have,! Borden struck his head at the sold shares 7 times any other that! Sun Microsystems had a significant presence inside of Switch 's existing hosting facility leaving his seat hand! Met Roy, is the most dense, he says for at least a little bit to money! And selling report 11 bankruptcy in December 1999 remembers Roys father on sidelines! Headquartered in Las Vegas and married her in August 1994, according to records! And the technology industry sons in the Las Vegas and married her in August,. A more diverse Nevada economy 1 million to the Wausau daily Herald company managed to acquire what once... The oldest executive at Switch Inc stocks is 0.93 % seen in Rob &... The success of Switch $ 700 million declined to comment on the in... Started working with data centers do n't even have 1,000 cabinets, '' Roy says virtual event Bloomberg. January 2012 in Middleton, Wisconsin Roys standard of excellence and leadership is throughout! Of Roy Borden died in January 2012 in Middleton, Wisconsin centers time... For collaboration between students, entrepreneurs, businesses, investors and non-profits & CEO of Switch, was! Revenue of $ 166.8 million a supercomputer to Las Vegas Valley using an mobile. January 11th, 2021 taught English and coached sophomore football at the sold shares 7 times his current.. Project will be built in Northern and Southern Nevada billion sale of Vegas-based! 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rob roy switch divorce