Jamie Siminoff Net Worth has become a hot topic after the Ring founder returned to Amazon in 2025. The successful entrepreneur, who famously got rejected on Shark Tank, built a billion-dollar company that changed home security forever. Currently, his wealth sits between $300 and $400 million in 2026.
Many people wonder how much the Ring CEO earned from Amazon’s acquisition. After selling his video doorbell company for $1.1 billion, Jamie became one of the richest entrepreneurs in America. His journey from garage inventor to tech millionaire inspires thousands of startup founders worldwide today.
Who is Jamie Siminoff?
Jamie Siminoff is the brilliant inventor behind Ring, the smart doorbell that revolutionized home security worldwide. Born in Chester, New Jersey, this Shark Tank entrepreneur turned garage tinkerer into a multimillionaire after Amazon acquired his company for over $1 billion.
Quick Facts About Jamie Siminoff
| Category | Details |
|---|---|
| Full Name | James Siminoff (Jamie) |
| Date of Birth | October 18, 1976 |
| Age | 48 years old (as of 2026) |
| Birthplace | Chester, New Jersey, USA |
| Nationality | American |
| Education | Bachelor of Science in Entrepreneurship, Babson College (1999) |
| Occupation | Inventor, Entrepreneur, Vice President at Amazon |
| Known For | Founder of Ring (formerly DoorBot) |
| Current Position | VP of Product at Amazon (2025-present) |
| Spouse | Erin Lindsey Siminoff |
| Children | Oliver Siminoff (son) |
| Net Worth (2026) | $300-400 million |
| Height | 5 feet 10 inches |
| Zodiac Sign | Libra |
Early Life and Education
Jamie Siminoff grew up in Chester, New Jersey, where his love for gadgets started young. He spent countless hours taking apart household items and building inventions in his parents’ basement, showing entrepreneurial spirit from childhood. After graduating from West Morris Mendham High School, Jamie attended Babson College, earning his entrepreneurship degree in 1999 before launching multiple successful startups.
Career Beginnings and First Ventures
After college, Jamie Siminoff quickly jumped into business by creating marketing plans for startups. However, his true passion lay in inventing products that solved real problems. His first major success came with PhoneTag, a voicemail-to-text service he sold for $17 million in 2009, followed by Unsubscribe.com, which got acquired by TrustedID, proving his business talent early.
Entrepreneurial Journey to Ring
The Ring founder Jamie Siminoff built his biggest invention in his garage while trying to hear visitors at his door. Missing package deliveries frustrated him, so he created DoorBot, the world’s first WiFi video doorbell in 2011. Despite getting rejected on Shark Tank in 2013, Jamie persevered, renamed the company Ring, and attracted serious investors who believed in his vision completely.
Jamie Siminoff Career Timeline
Jamie Siminoff’s career shows how persistence turns rejection into success. From building gadgets in his garage to leading Amazon’s smart home division, his entrepreneurial path demonstrates remarkable resilience and innovation.
Doorbot: The Start of Ring
In 2011, Jamie Siminoff faced a simple problem while working in his garage workshop. He couldn’t hear visitors ringing his doorbell, so he built a WiFi-connected video doorbell himself. Initially created just to solve his own frustration, the invention became DoorBot after his wife appreciated the safety benefits, launching commercially in 2012.
Shark Tank Experience and Rejection
Jamie Siminoff walked onto Shark Tank in November 2013, seeking $700,000 for 10% equity in DoorBot. The Shark Tank entrepreneur pitched confidently, but all sharks except Kevin O’Leary rejected him. O’Leary’s offer seemed unacceptable, so Jamie left empty-handed and heartbroken. However, the episode’s publicity generated $3 million in sales within one year.
Amazon’s Acquisition of Ring and Its Impact
After rebranding DoorBot to Ring, Jamie Siminoff attracted major investors, including Richard Branson and Shaquille O’Neal. The Amazon Ring acquisition happened in February 2018 for approximately $1.1 billion, marking Amazon’s second-largest purchase ever. Jamie continued as CEO until 2021, then briefly served at Latch before returning to Amazon as Vice President in April 2025.
Jamie Siminoff Net Worth 2026
Jamie Siminoff Net Worth remains impressive even years after selling Ring to Amazon. His financial success story proves that persistence pays off, especially when inventors refuse to give up on their dreams despite early rejections.
Current Estimated Net Worth
As of 2026, Jamie Siminoff Net Worth stands between $300 million and $400 million, according to multiple financial sources. This substantial Jamie Siminoff wealth places him among America’s most successful tech entrepreneurs. While he didn’t pocket the entire $1.1 billion Amazon paid for Ring, his 10-15% stake earned him approximately $110-150 million before taxes, creating generational wealth.
Jamie Siminoff Net Worth Timeline (Year-to-Year)
| Year | Estimated Net Worth | Major Event |
|---|---|---|
| 2013 | $5-10 million | Appeared on Shark Tank, DoorBot sales growing |
| 2014 | $15-20 million | Rebranded to Ring, investor funding secured |
| 2015 | $30-50 million | Ring expansion, major retail partnerships |
| 2016 | $60-80 million | Venture funding rounds, product line expansion |
| 2017 | $100-150 million | Pre-acquisition valuation growth |
| 2018 | $300-350 million | Amazon acquisition ($1.1 billion deal) |
| 2019 | $310-360 million | Ring CEO, stock appreciation |
| 2020 | $315-365 million | Ring growth during pandemic, home security boom |
| 2021 | $320-370 million | Stepped down as Ring CEO, advisory role |
| 2022 | $325-375 million | New investments, Ring Nation show launch |
| 2023 | $330-380 million | Left Ring, became Latch CEO |
| 2024 | $335-385 million | Continued investments and ventures |
| 2025 | $340-390 million | Returned to Amazon as VP in April |
| 2026 | $300-400 million | Current VP of Product at Amazon |
Sources of Income: Ring, Investments, and Other Ventures
Jamie Siminoff’s money comes from multiple revenue streams beyond just Ring. His earlier exits included PhoneTag, sold for $17 million in 2009, and Unsubscribe.com, acquired by TrustedID in 2011. Currently, he earns through his Vice President salary at Amazon, stock options, angel investments in startups like Liquid Death and Moink, and advisory roles across technology companies.
Jamie Siminoff Income Sources Breakdown
| Income Source | Estimated Value/Amount | Status |
|---|---|---|
| Amazon Ring Acquisition | $110-150 million (one-time) | Completed 2018 |
| PhoneTag Sale | $17 million (one-time) | Sold 2009 |
| First Startup Exit | $1 million (one-time) | Sold 2001 |
| Unsubscribe.com Sale | Undisclosed (estimated $3-5M) | Acquired by TrustedID |
| Amazon VP Salary | $500,000 – $800,000/year | Active 2025-present |
| Amazon Stock Options | $2-5 million/year | Vesting schedule |
| Angel Investments | $10-20 million portfolio | Active investments |
| Board Positions | $200,000 – $500,000/year | Multiple companies |
| Real Estate Holdings | $15-25 million | Properties in LA, Nantucket, Aspen, Missouri |
| Ring Nation Royalties | $500,000 – $1 million/year | Ongoing since 2022 |
| Speaking Engagements | $50,000 – $100,000/event | Occasional |
| Advisory Roles | $100,000 – $300,000/year | Multiple startups |
Comparison to Other Shark Tank Stars
When comparing Jamie Siminoff Net Worth to that of other Sharks, he ranks solidly in the middle tier. Mark Cuban leads with $6 billion, while Daniel Lubetzky holds $2.3 billion. However, Jamie’s $300-400 million matches Daymond John’s wealth and sits close to Kevin O’Leary’s $400 million. Interestingly, he’s wealthier than both Lori Greiner and Barbara Corcoran combined, proving his Shark Tank rejection was their loss.
Shark Tank Cast Net Worth Comparison (2026)
| Shark Name | Net Worth | Primary Source | Shark Tank Status |
|---|---|---|---|
| Mark Cuban | $6.0 – 6.5 billion | Dallas Mavericks, Broadcast.com | Left after Season 16 |
| Daniel Lubetzky | $2.3 billion | KIND Snacks | Current Panelist |
| Robert Herjavec | $300 – 600 million | Cybersecurity companies | Current Panelist |
| Kevin O’Leary | $400 million | O’Leary Funds, Shark Tank investments | Current Panelist |
| Jamie Siminoff | $300 – 400 million | Ring (Amazon acquisition) | Guest Shark |
| Daymond John | $300 – 350 million | FUBU, Shark Tank investments | Current Panelist |
| Lori Greiner | $100 – 150 million | QVC products, Shark Tank investments | Current Panelist |
| Barbara Corcoran | $80 – 100 million | Real estate, Shark Tank investments | Current Panelist |
| Emma Grede | $360 million | Good American, SKIMS | Guest Shark |
| Nirav Tolia | $50 – 100 million | Nextdoor | Guest Shark |
Ring Founder Net Worth: Jamie Siminoff vs Competitors
Comparing Ring founder’s net worth against that of other tech entrepreneurs reveals fascinating wealth differences. While Jamie built tremendous success, other smart home founders achieved varying levels of financial triumph in this competitive industry.
How Much is the Ring CEO Worth?
Jamie Siminoff, the Ring CEO from 2018 to 2021, accumulated approximately $300-400 million throughout his tenure. Currently serving as Amazon’s Vice President since April 2025, his compensation package includes a base salary estimated between $500,000-$800,000 annually, plus substantial stock options. His total Ring earnings from the $1.1 billion acquisition reached $110-150 million, making him significantly wealthy, though not a billionaire.
Is Jamie Siminoff Richer Than Other Sharks?
When asking “Is Jamie Siminoff a billionaire?”, the answer is no, but he’s incredibly wealthy nonetheless. Compared to other Shark Tank investors, Jamie’s $300-400 million places him above Barbara Corcoran and Lori Greiner combined. However, Mark Cuban’s $6 billion and Daniel Lubetzky’s $2.3 billion dwarf his wealth. Still, matching Daymond John’s fortune proves Jamie’s Shark Tank rejection was shortsighted and costly for those who passed.
Ring Inventor Net Worth vs Ring Net Worth
The Ring inventor’s net worth differs significantly from the company’s total valuation, which matters tremendously. Ring, as a company, was sold for $1.1 billion in 2018, but analysts estimate its current value within Amazon exceeds $3-5 billion after expansion. Meanwhile, Jamie Siminoff owned only 10-15% when selling, pocketing $110-150 million. Other investors like Richard Branson, Goldman Sachs, and rapper Nas also profited handsomely from their stakes.
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Jamie Siminoff Salary and Earnings
Understanding Jamie Siminoff’s salary reveals how tech entrepreneurs earn money beyond just company sales. His earnings come through multiple channels, creating steady income streams that supplement his initial Amazon payout significantly.
CEO Salary and Bonuses
During his time as Ring CEO from 2018 to 2021, Jamie Siminoff earned an estimated $800,000 to $1.2 million annually in base salary. Additionally, he received performance bonuses ranging from $200,000 to $500,000 yearly based on Ring’s growth targets. Amazon typically doesn’t disclose specific CEO compensation for subsidiary leaders, but industry standards suggest his total cash compensation exceeded $1-1.5 million annually during this period.
Equity and Stock Options
Jamie Siminoff’s biggest earnings came through equity compensation rather than salary alone. After Amazon’s acquisition, he retained stock options worth approximately $20-40 million that vested over four years. Currently, as an Amazon Vice President since April 2025, his compensation package includes a base salary of around $350,000 plus restricted stock units valued between $1.5-2 million annually. This backloaded vesting schedule encourages long-term commitment while maximizing Jamie Siminoff Net Worth growth.
Other Revenue Streams
Beyond Amazon, Jamie Siminoff generates income through various entrepreneurial activities and investments. He earns $500,000-$1 million yearly from “Ring Nation,” the MGM television show featuring Ring doorbell footage. His angel investment portfolio includes companies like Liquid Death and Moink, generating returns. Additionally, speaking engagements pay $50,000-$100,000 per event, board positions provide $200,000-$500,000 annually, and real estate holdings across California, Nantucket, Aspen, and Missouri appreciate steadily.
Business Ventures and Companies Founded by Jamie Siminoff
Jamie Siminoff built his fortune through multiple successful companies before Ring became famous. His entrepreneurial journey showcases how solving everyday problems creates profitable businesses that improve people’s lives dramatically.
Doorbot History and Evolution into Ring
In 2011, Jamie Siminoff couldn’t hear visitors while working in his garage, so he invented DoorBot, the world’s first WiFi video doorbell. After launching on crowdfunding platform Christie Street and raising $364,000, he pitched DoorBot on Shark Tank in 2013 but got rejected. Undeterred, he rebranded the product as Ring in 2014, transforming it from a simple doorbell into a complete home security ecosystem before Amazon’s historic purchase.
Other Startups and Investments
Before Ring made Jamie Siminoff Net Worth soar, he founded several profitable ventures that proved his business talent. His first company sold for $1 million in 2001, followed by PhoneTag, the world’s first voicemail-to-text service, which sold for $17 million in 2009. He also created Unsubscribe.com, helping users eliminate spam emails, acquired by TrustedID in 2011. Currently, Jamie Siminoff invests in startups like Liquid Death, Moink, and Door.com while mentoring entrepreneurs nationwide.
Jamie Siminoff Family and Personal Life
Behind every successful entrepreneur stands a supportive family, and Jamie Siminoff exemplifies this truth perfectly. His wife and son provide inspiration for his inventions while keeping him grounded despite massive business success.
Wife and Children
Jamie Siminoff married Erin Lindsey on October 7, 2006, in a private ceremony surrounded by close friends and family. Erin works as Executive Vice President of Production at 20th Century Fox, overseeing the Alvin and the Chipmunks franchise and mainstream titles. Together, they have one son named Oliver, who inspired Jamie’s commitment to family despite demanding business schedules and constant entrepreneurial challenges.
Erin Siminoff and Relatives
Erin Siminoff graduated from Pepperdine University before building her successful entertainment career at Fox 2000. She directly inspired Ring’s creation by complaining that Jamie never heard the doorbell while working in his garage. Beyond supporting her husband’s ventures, Erin balances her demanding executive role with raising their son. Details about Jamie Siminoff’s parents and siblings remain private, though he credits his family’s encouragement throughout childhood.
Personal Milestones and Lifestyle
When Oliver was born, doctors diagnosed him with galactosemia, a rare genetic disorder preventing dairy metabolism. Jamie and Erin decided they would devote their life to helping cure galactosemia and similar diseases through philanthropy. The Jamie Siminoff family owns properties in Los Angeles, Nantucket, Aspen, and a 75-acre Missouri farm. Jamie drives his father’s gift, a Land Rover Defender 90, and purchased an $8,000 mountain bike after Amazon’s acquisition celebration.
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FAQs About Jamie Siminoff Net Worth
Is Jamie Siminoff a Billionaire?
No, Jamie Siminoff is not a billionaire, though he’s extremely wealthy. His current Jamie Siminoff Net Worth sits between $300-400 million, making him a successful multimillionaire entrepreneur.
Was Ring Rejected by Shark Tank?
Yes, Ring (originally called DoorBot) was rejected by all Sharks on Shark Tank in 2013. Kevin O’Leary made an offer, but Jamie Siminoff turned it down because the terms seemed unfavorable at that time.
Is Jamie Still CEO of Ring?
No, Jamie Siminoff stepped down as Ring CEO in 2021 after serving three years post-acquisition. He returned to Amazon in April 2025 as Vice President of Product, overseeing Ring, Blink, Key, and Sidewalk divisions.
How Much is Jamie Siminoff Net Worth in 2026?
Jamie Siminoff Net Worth in 2026 is estimated between $300 million and $400 million by reliable financial sources. His wealth comes from the Amazon acquisition, previous startup exits, current VP salary, stock options, and angel investments.
Jamie Siminoff Wikipedia Overview
Jamie Siminoff was born on October 18, 1976, in Chester, New Jersey, and founded Ring after creating DoorBot in 2011. He graduated from Babson College in 1999 with an entrepreneurship degree and previously sold PhoneTag for $17 million.
Jamie Siminoff Shark Tank Highlights
Jamie Siminoff appeared on Shark Tank Season 5, Episode 9 in November 2013, pitching DoorBot. He asked for $700,000 for 10% equity but left without a deal after rejecting Kevin O’Leary’s royalty-based offer.
Conclusion – Jamie Siminoff Net Worth
Jamie Siminoff Net Worth represents more than just money; it symbolizes persistence, innovation, and refusing to accept rejection as failure. From building DoorBot in his garage to selling Ring for $1.1 billion, Jamie proved that solving simple problems creates enormous value. His journey from Shark Tank rejection to becoming one of America’s most successful tech entrepreneurs inspires millions of startup founders worldwide. Currently worth $300-400 million in 2026, he continues innovating as Amazon’s Vice President while investing in promising startups and mentoring the next generation of inventors.
The Ring founder built his wealth through smart decisions, multiple successful exits, and unwavering belief in his vision despite early setbacks. Beyond PhoneTag’s $17 million sale and his first startup’s $1 million exit, Jamie’s biggest success came from refusing to quit on Ring after Shark Tank’s rejection. Today, his diverse income streams include Amazon compensation, stock options, real estate holdings, angel investments, and entertainment royalties from Ring Nation. Jamie Siminoff’s story proves that financial success follows those who solve real problems, persist through rejection, and never stop innovating regardless of obstacles.
I’m Muhammad Saqlain, the founder of WealthyInfo.com. I research and write about Shark Tank businesses, startup growth, and brand net worth. My goal is to provide clear, accurate, and insightful content that helps readers understand how startups evolve after investment and media exposure. I’m passionate about content strategy, SEO, and building digital authority in the finance and entrepreneurship space.
