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Tag Archives: smith

Black Billionaire Robert F. Smith Admits To Tax Fraud, Earning More Than $200 Million in Unreported Income

Robert F. Smith, the billionaire who announced he would pay off the debt of students at Morehouse College last fall, admitted to a scheme to conceal income and evade taxes by using offshore trusts and bank accounts for 15 years. The Justice Department announced Thursday that Smith, the chairman of Vista Equity Partners L.L.C., entered…

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Insights From a Billionaire: Robert Smith Says There Are More Opportunities In Private Markets

Billionaire Robert Smith, Vista Equity Partners chairman and CEO, told CNBC there’s a marked disparity in investment opportunities between public and private markets. Smith spoke with CNBC’s David Faber from the Delivering Alpha Conference Wednesday and said his firm has been looking at high-growth investment in enterprise software instead of other areas of technology that public…

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