How Much is Charles M. Kistler Worth: A Comprehensive Look at his Net Worth in 2021
Charles M. Kistler is an entrepreneur, investor, and businessman with a notable track record in the technology sector. He is the co-founder and CEO of Checkfree Corporation, a leading provider of financial electronic commerce services. With all his success, many people wonder how much is Charles M. Kistler worth? In this post, we will take a comprehensive look at his net worth in 2021, detailing his early life, education, business ventures, and accomplishments.
Early Life and Education
Charles M. Kistler was born in Delaware, Ohio, United States, on October 17, 1942. He grew up in a middle-class family and showed an early interest in technology. Kistler earned his Bachelor’s degree in mathematics and physics from Ohio Wesleyan University in 1964, followed by a Master’s degree in physics from the University of Pennsylvania in 1966. Later on, he pursued his Ph.D. in physics at the same institution.
Business Ventures
Kistler started his career as a physics research assistant at the University of Pennsylvania, but he quickly realized his passion for business. In 1981, he co-founded Checkfree Corporation, a company that provided electronic bill payment and banking services. The company grew rapidly, and by 2007, it was acquired by Fiserv for $4.4 billion in cash. Kistler remained the CEO of Checkfree until 2005, when he retired.
In addition to his work at Checkfree, Kistler has served on the board of various companies, including Advanced Micro Devices, Huntington Bancshares, and Sterling Commerce.
Accomplishments
Throughout his career, Kistler has received numerous awards and recognition for his entrepreneurial and business acumen. In 2001, he was inducted into the Junior Achievement National Business Hall of Fame. He also received the Ernst & Young Entrepreneur of the Year Award in 1997. Moreover, he is a member of Ohio Wesleyan’s Board of Trustees and serves on various philanthropic boards in the Columbus, Ohio area.
Net Worth
According to Forbes, Charles M. Kistler’s net worth as of 2021 is estimated to be around $1.1 billion. He amassed his wealth through his successful ventures in the technology sector, with his most notable being Checkfree Corporation.
FAQs
Q: How did Charles M. Kistler make his fortune?
A: Kistler made his fortune by co-founding and leading Checkfree Corporation, a leading provider of financial electronic commerce services.
Q: When did Charles M. Kistler retire from Checkfree Corporation?
A: Kistler retired from Checkfree Corporation in 2005.
Q: What awards has Charles M. Kistler received for his work?
A: Kistler has received numerous awards and recognition for his entrepreneurial and business acumen, including induction into the Junior Achievement National Business Hall of Fame and the Ernst & Young Entrepreneur of the Year Award.
Q: What do people say about Charles M. Kistler?
A: People describe Kistler as a visionary entrepreneur with a passion for technology and a strong desire to make a difference in people’s lives.
Q: How does Charles M. Kistler spend his free time?
A: Kistler spends his free time on philanthropic endeavors, serving on various boards in the Columbus, Ohio area.
Q: Is Charles M. Kistler still active in the business world?
A: While Kistler is officially retired, he still serves on the board of various companies and remains active in the technology industry.
Q: What advice does Charles M. Kistler have for budding entrepreneurs?
A: Kistler advises aspiring entrepreneurs to stay curious, embrace change, and always seek new opportunities.
Conclusion
Charles M. Kistler is an accomplished entrepreneur, investor, and businessman who has made significant contributions to the technology sector. He co-founded Checkfree Corporation, a leading provider of financial electronic commerce services, and was recognized for his work with numerous awards and recognition throughout his career. With an estimated net worth of $1.1 billion, Kistler exemplifies the power of determination and vision in achieving success. For those looking to follow in his footsteps, Kistler advises staying humble, embracing change, and always looking for ways to improve the status quo.