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16:33 August 11th, 2009

Siebel banged up in Africa

Posted by: Jim Finkle
Tags: Uncategorized

     Tom Siebel, the billionaire technology industry veteran, was seriously hurt during a recent trip to Africa but has returned to the United States and says he is “fine.” 
    “I got pretty banged up…I have a really badly broken leg,” he said in an email.
    “I’m fine. Back now and working online,” he added.
    Siebel made a name for himself in the 1990s when he quit Oracle Corp to open Siebel Systems, a company that pioneered customer relationship management, or CRM, software.  Siebel flourished and quickly became a thorn in the side of Oracle CEO Larry Ellison, who tried and failed to develop a successful CRM package of his own. 
    Ellison eventually bought Siebel’s company.
    Forbes magazine ranks Siebel as one of the world’s 500 richest men, estimating his worth at about $1.5 billion.
    Siebel is now chairman of First Virtual Group in Palo Alto, California, a holding company with interests in commercial property, investment management and philanthropy.

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