| Name: | Tom Golisano |
| Net Worth: | $6.5 billion |
| Source of Wealth: | PayChex |
| Born: | November 14, 1941 |
| Age: | |
| Country: | USA |
| Wife: | Monica Seles |
| Children: | Steven Golisano, Cynthia Golisano |
| Residence: | Rochester, New York, USA |
| Private Jet: | Gulfstream G-V (N54TG) |
| Yacht | Laurel |
Tom Golisano stands as a beacon of entrepreneurial success and philanthropic goodwill. Born in November 1941, Golisano’s legacy includes founding the billion-dollar company Paychex, owning major sports teams, running for the Governor of New York, and donating millions to charitable causes. He is married to former professional tennis player Monica Seles, and has two children, Steven Golisano and Cynthia Golisano, from his previous marriage to Gloria.
In 1971, with a start-up capital of just US$ 3,000, Golisano founded Paychex, a provider of payroll, human resource, and benefits outsourcing services. Golisano’s vision was to make payroll outsourcing simple and affordable for small businesses, specifically those employing fewer than 100 individuals.
Today, Paychex is a powerhouse in its field, boasting revenues of US$ 3.4 billion and an operating income of US$ 1.2 billion. With a dedicated team of 12,000 employees, the company operates debt-free, testament to Golisano’s excellent business acumen.
A passionate sports enthusiast, Golisano once owned the Buffalo Sabres hockey team and the Buffalo Bandits lacrosse team. Later, he sold both franchises to Terrence Pegula, who is also the owner of the yacht Top Five.
As of today, Golisano’s net worth is estimated at $6.5 billion. While Paychex is a publicly-traded company, Golisano retains a significant stake, owning 40 million shares. This constitutes 10% of the company’s equity, which translates to a worth of about $5 billion.
Beyond his successful business ventures, Golisano is an ardent philanthropist, chiefly through the B. Thomas Golisano Foundation which he established in 1985. Over the years, Golisano and his foundation have generously donated more than US$ 250 million.
His philanthropic activities are widespread but notably, he has donated over US$ 30 million to the Golisano Children’s Hospital at the University of Rochester Medical Center. In fact, three hospitals are financially supported by, and named after, Tom Golisano, underlining his commitment to healthcare causes.
When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.
Monica Seles is a retired professional tennis player, who represented Yugoslavia and the United States. She was born in 1973.
She has more than 50 career titles, including Ranking No 1 at the WTA 1991.
Seles was the top-ranked women’s player heading into 1993, having won the French Open for three consecutive years and both the US Open and Australian Open in consecutive years.
On April 30 1993 during a quarterfinal match with Magdalena Maleeva in Hamburg in which Seles was leading. Günter Parche, an obsessed fan of Steffi Graf, ran from the middle of the crowd to the edge of the court during a break between games. And stabbed Seles with a boning knife between her shoulder blades. To a depth of 1.5 cm (0.59 inches). She was quickly taken to a hospital. Although her physical injuries took only a few weeks to heal. She did not return to competitive tennis for more than two years.
She married Tom Golisano in 2014.
https://en.wikipedia.org/wiki/TomGolisano
https://www.forbes.com/profile/tomgolisano/
https://www.paychex.com/corporate
https://www.urmc.rochester.edu/childrens-
Golisano lives with his wife Monica Seles in a large house near Rochester, NY. We believe he also owns a property in Florida.
Nestled on the southern shores of Lake Ontario, Rochester, New York, is a city steeped in history and culture. Known as the birthplace of Eastman Kodak and Xerox, Rochester’s technological heritage is rivaled only by its vibrant arts scene, boasting institutions like the Rochester Philharmonic Orchestra and the George Eastman Museum. The city is home to several prestigious universities, including the University of Rochester and the Rochester Institute of Technology, fostering a vibrant, youthful energy.
Its unique food scene features the infamous “Garbage Plate,” a local dish that speaks to the city’s inventive spirit. With access to beautiful outdoor spots like the Genesee Riverway Trail and the High Falls, Rochester offers plenty of opportunities for outdoor enthusiasts. Rochester’s Public Market has been a community hub for over a century, selling locally-grown produce and artisanal goods. Not to be missed is the annual Lilac Festival, showcasing the city’s beautiful lilac collection in Highland Park.
Despite being the third-largest city in New York State, Rochester retains a small-town charm with its friendly neighborhoods and strong community spirit. Its rich mix of history, technology, education, arts, food, and natural beauty make Rochester a unique and fascinating place to visit or call home. Above all, Rochester remains a city of innovation and resilience, constantly evolving and yet rooted in the vibrant legacy of its past.
He is the owner of the yacht Laurel, which was built for Charles Berwind. Charles son James Berwind now owns the yacht Scout.
The Laurel yacht, constructed in 2006 by Delta Marine, was for many years the largest private yacht built in the United States.
Originally owned by Charles Berwind of the Berwind Corporation, the yacht was bought by Tom Golisano, founder of Paychex, for $50 million in 2010.
The luxury yacht Laurel can accommodate 12 guests and a crew of 22, with interior and exterior design by Donald Starkey.
Powered by two Caterpillar engines, the yacht can reach a top speed of 18 knots and has a cruising range of 6,000 miles at 13 knots.
Golisano is the owner of the Gulfstream G-
The Gulfstream Aerospace G-V is a long-range business jet produced by Gulfstream Aerospace. The G-V was first introduced in 1997 and is known for its spacious cabin, long range capability, and high cruising speeds. It has a maximum range of approximately 6,500 nautical miles and can accommodate up to 19 passengers. The G-V was later succeeded by the Gulfstream G550, which was introduced in 2003. The list price of a Gulfstream G-V aircraft varies depending on several factors such as the specific configuration and optional equipment selected by the buyer. However, at the time of its production, the Gulfstream G-V had a list price of around $35 million to $45 million.
