Who Is the Ring Founder
The Ring doorbell was founded by Jamie Siminoff, who first launched the company under the name DoorBot in 2013. Siminoff created a Wi-Fi-connected video doorbell that lets users see and speak with visitors from a smartphone, and he later renamed the company to Ring after securing early traction and funding.
Siminoff appeared on Shark Tank in 2013, where he sought investment for DoorBot and received an offer from Lori Greiner. Although the deal did not close, the appearance brought significant public attention, and Ring quickly grew its user base by offering an affordable alternative to traditional security doorbells.
Ring's Growth and Acquisition by Amazon
Ring expanded rapidly by partnering with home security installers and retailers, then launched the Ring Alarm system and Ring Stick Up Cam to build a broader smart home security ecosystem. The company's consumer-friendly pricing and easy setup helped it become one of the most recognized brands in the video doorbell market.
Amazon acquired Ring in February 2018 for a reported $1 billion, and the deal made Siminoff one of the most prominent entrepreneurs in the smart home space. After the acquisition, Ring became a key part of Amazon's smart home strategy, integrating with Alexa and expanding its product line to include floodlight cameras, wired cameras, and the Ring Always Home Cam.
Jamie Siminoff's Net Worth and Current Role
Jamie Siminoff's net worth has been estimated in the hundreds of millions of dollars following the Amazon acquisition, with most of his wealth tied to his equity stake in Ring. He has continued to lead Ring as CEO while also investing in other startups and advocating for consumer privacy and smart home security standards.
Ring now competes with companies like Google Nest and Arlo, and its products are sold through major retailers and online platforms. Siminoff has spoken publicly about the company's mission to make home security accessible, and Ring remains one of the highest-selling smart doorbell brands worldwide.