Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Mr. Roy is currently 53 years old. That month, Ohler described the security within the steel-lined building in an interview with Nevada Business magazine about the company Colocation Gateways. [1] [2] History [ edit] Switch was founded in 2000 by Rob Roy, CEO and the organization's principal inventor and chief engineer. He may not be universally liked the Register article quotes anonymous sources who doubted Roy could supply enough power to the massive SuperNAP and said he tends to promise more than he can deliver. He is generous to both his employees and the communities in which he builds data centers. Chatting with Roy, it quickly becomes clear that one of his favorite words in the English language is "most." Copyright 2017 - 2022 Switch. More of our coverage of the Switch IPO: Naturally, Roy says he chose APC because it designed "the best UPS product ever made.". Switch CEO and founder Rob Roy's Gigawatt 1 solar project will be built in Northern and Southern Nevada. Rob Roy is driven by the principle of Karma: putting good energy out into the world and getting good energy back. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. We do a damn good job, and our customers know it.". Borden had visited his sons in the Las Vegas Valley using an outfitted mobile home, she said. 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. Learn More on Rob Roy's age. Everything is on a massive scale. He was a super, kind-hearted guy, Franken said. 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. For most people, Switch founder Rob Roy exists only in rumor. Switchs data centers house sensitive digital information for more than 800 clients that range in size from startups to Fortune 100 companies, information created by businesses such as casinos, movie studios and video game makers as well as nonprofits and government agencies. A dual 200-mph-rated roofing system to mitigate extreme weather conditions. ", "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 estimated Net Worth of Rob Roy is at least $57.8 Million dollars as of 6 December 2022. Not only is he the pioneer of many of the data center concepts and practices in use today by most practitioners in the industry, Rob Roys facilities have been using these practices for well over a decade, long before most of the other providers started to copy Switchs designs and operational programs. Rob was enthusiastic as well as aggressive on the field but a total gentleman off the field, Cramer said. Most recently he exercised 222,218 units of SWCH stock worth $7,613,189 on 6 December 2022. Most of todays data center companies use concepts that were first patented and introduced by Rob Roy as part of Switch WDMD. The deal was first announced in May. The event was pushed back to November, so that Nevada's two US senators could attend the gala. 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. 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). Enron finished the building in 1998. Mr. Roy owns 765,452 shares of Switch stock worth more than $26,216,731 as of January 30th. 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. Switch Communications was mainly a government and military contractor in its early days, but now also targets Fortune 1000 customers (such as Sony). Gigawatt 1, one of the largest solar project portfolios in the world, is the implementation of an initiative called Rob Roy's Gigawatt Nevada, first proposed by Switch Founder & CEO Rob Roy in . Then I learned that Sun Microsystems had a significant presence inside of Switch's existing hosting facility. Models of characters from science fiction and comic books line the shelves, as well as drawings from his adult-age children, son Chad and daughter Natasha. Shares rose by around five percent following the report, valuing the company at over $7 billion. Switch | 18,743 followers on LinkedIn. Press Release Schedule a Tour Testimonials The CEO, Rob Roy, is the most brilliant and talented business person I have had the pleasure to work with. The father of Switch CEO Rob Roy paralyzed all his limbs after a diving accident. [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. On Rob Roy: Switch's founder is responsible for the hundreds of issued and pending patents which underpin some of the unique aspects of its data center design. China is aggressively locking up mines and production. 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. The estimated net worth of Rob Roy is at least $26.22 million as of January 11th, 2021. Switch began in concept in November 1999. 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. Borden died in January 2012 in Middleton, Wisconsin. Most recently, Rob Roy sold 200,000 shares of the business's stock in a transaction on Tuesday, November 23rd. CEO Recent Trades: CEO, 10% Owner Rob Roy sold 100,000 shares of SWCH. In a rare interview Roy gave in 2008 to British technology news website The Register, Roy said he helped his father read textbooks and listen to lectures. On this Wikipedia the language links are at the top of the page across from the article title. Enron sold the property in January 2003 to companies managed by early Switch investors Scott Gragson and William Balelo for $930,000, according to county property records. Less than 5 percent of Switchs customers are in the Las Vegas area. Most of the people who visited the Switch facility were bound by non-disclosure agreements, but that failed to stop them from leaking out a few choice details. He was born Rob Roy Borden on April 26, 1969, in Minnesota to Bruce and Marcia Borden, according to public records. The dividend yield of Switch Inc stocks is 0.93%. Champion Homes would file for Chapter 11 bankruptcy in December 1999. The two new SUPERNAP International campus projects under construction are located in Siziano, Italy slated to open late 2016 and the Chonburi Province, Thailand, campus opening in early 2017. What is Rob Roy's net worth? Today, Roy is CEO of Switch, responsible for one of the largest IPOs of 2017. The competitors have no hope. Not many data center companies arm ex-military guards to protect its data. In the year 2000, with a background in business leadership, engineering, commercial development and technology, Rob Roy converged his areas of expertise to create Switch . "My fiduciary responsibility is to my shareholders," he says. [8][9] Switch is a CLEC (Competitive Local Exchange Carrier) that sells all telecommunications services. 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. Ever a cynic, I struggled to match these claims with the total lack of public information available on Switch. Learn More about insider trades at Switch. Rob Roy holds 500 patents or patent-pending claims for SUPERNAP designs and engineering that have been Tier IV certified by the Uptime Institute. He graduated high school in 1987, according to Middleton-Cross Plains Area School District records. Visit switch.com for more information. Rob Roy, founder and chief executive officer of Switch Inc., center left, rings a ceremonial bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange on Oct. 6, 2017. Roy had just turned 32. If "most" isn't his favorite word, perhaps it is "best." Instead, his legacy would come from years of fighting for low-income housing for people with disabilities. (Dewey Pfister/Wausau Daily Herald), Rob Roy was named "best legs" in his 1987 senior yearbook for Middleton High School near Madison, Wisconsin. Funded by a grant from Governor's Office of Economic Development, it hosts programs to commercialize stationary robotic and advanced manufacturing systems, unmanned aerial vehicles, driverless cars, and underwater robots.[49]. Scanners verified fingerprints. All the heavies are there.". Switch compound in Las Vegas wrapped tight in security. She said she never met Roy, but Borden often talked about his sons. In 2007, he paid $220,000 for a townhouse about a mile away. There are 2 older executives and no younger executives at Switch. [41][42], Switch has hundreds of clients, including Fortune 1000 companies. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. The next month, Roy started working with data centers full time. [13] As of January 1, 2016, all Switch data centers are powered exclusively by clean and renewable energy. "Most data centers don't even have 1,000 cabinets," he says. The Switch SUPERLOOP will extend directly to include Los Angeles and San Francisco. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. On a lark, I sent a note to Chairman and co-founder Scott McNealy to see if he knew anything about this Rob Roy fella. 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. The oldest executive at Switch Inc is Gabriel Nacht, 60, who is the Chief Financial Officer. Rob Roy - Chief Executive Officer, Switch, Inc As of December 8, 2022 What is Rob Roy's Net Worth? 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. ", A few months ago, word of Switch's apparently fantastic operations started to reach my in-box. 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. Between December 2013 and August 2016, he donated at least $32,000 to local Democrats and Republicans. Request a Quote The business leased less than 10,000 square feet of space in a strip mall near Sahara Avenue and Lamb Boulevard. Over the last 5 years, insiders at Switch Inc have traded over $1,913,100,721 worth of Switch Inc stock and bought 337,000 units worth $5,473,440 He is passionate about ensuring that every Switch customer has an exceptional experience in all aspects in which they engage with the company. "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. [28], In January, 2015 Switch announced a $4 billion expansion plan to build a new data center campus east of Reno in Storey County. On average, Mr trades about 56,328 units every 23 days since 2017. StartUpNV is using $600,000 to create a business incubator that will help a diverse pool of entrepreneurs based in Clark County. (Dewey Pfister/Wausau Daily Herald), A nice sign: Big Rockies snowpack may boost Lake Mead, 5 new and upcoming Las Vegas Valley restaurants, Vince Neils former Home Sweet Home in Las Vegas for sale, School Board approves rezoning for 12 campuses, Marcel Reece, other executives no longer with Raiders. Lines and paragraphs break automatically. 2023 Advance Local Media LLC. Mr. Roy owns 765,452 shares of Switch stock worth more than $26,216,731 as of March 1st. Everything clobbers the competition. Switch, Inc. is a leader in exascale data center ecosystems, edge data center designs, industry-leading telecommunications solutions and next-generation . 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." Ohler wanted at least $300,000. Rob Roy, circled, was known as a popular athlete in high school, when he was called Rob Borden. I was the oldest. Larry Ruvo, founder of the Cleveland Clinic Lou Ruvo Center for Brain Health in Las Vegas, is perhaps one of the few people close to Roy to hear the Switch CEO talk about his father at length. Rob Roy has more than 20 years of experience as an inventor, design engineer and solutionist in the technology industry. 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