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Billionaire Robert Smith Sells His Private Equity Firm To IBM For A Staggering $4.6 Billion

By Jasmine Browley ·Updated July 7, 2023

The wealthiest Black man in America just became richer.

Robert F. Smith, who’s worth a reported $8B, closed a deal with IBM that included the sale of Apptio, a software company that Smith’s private equity firm Vista Equity

Kimberly Wilson
Author: Kimberly Wilson

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