Steven Schuurman Net Worth

Steven Schuurman has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Steven Schuurman profile (figures as of October 20, 2026). That is up from $1.1 billion in 2019.

Steven Schuurman is a Dutch technology entrepreneur known for helping build Elastic, a software company based in the Netherlands. Elastic makes tools for search, data, and analytics, and it went public on the NYSE in 2018. Schuurman was the company’s CEO from 2012 to 2017 and stayed involved as a board member. Forbes tracks his wealth in the Technology industry and identifies him as self-made.

His path to major wealth came through software startups and exits. Schuurman started at Sogyo in 2000, shifted toward commercial growth in 2002, and later became co-owner and director of JTeam in 2005. Soon after, he cofounded SpringSource, first branded Interface21. VMware bought SpringSource in 2009 for $420 million. He later returned to JTeam as CEO, helped grow it, and then cofounded Elastic, the company most closely tied to his billionaire status.

How Steven Schuurman makes money

Most of Schuurman’s wealth comes from software. Forbes says he cofounded Elastic, a Netherlands-based company that creates software for search, data, and analytics. Elastic went public in 2018 on the NYSE, and Schuurman still sits on its board of directors. Forbes also notes that he holds a nearly 6% stake in Elastic, making the company the clearest link between his business career and his fortune.

Before Elastic, Schuurman also helped start SpringSource with other founders after a short period at JTeam in 2005. SpringSource built products and services around the Spring Framework and was sold to VMware in 2009 for $420 million. He later returned to JTeam as CEO, where the company acquired several businesses, grew by 500%, rebranded to Orange11, and was acquired in 2012 by Trifork. He also cofounded Atlantis Entertainment in 2016.

Forbes net worth timeline

Forbes values Schuurman at $1.4 billion on its real-time billionaires tracker as of October 20, 2026. Its yearly estimates have moved around over time, from $1.1 billion in 2019 to $1.5 billion in 2021. Forbes says he first became a billionaire in 2018. Because his wealth is tied to software and to his stake in Elastic, changes in that holding likely play a big role in how those estimates shift.

The later Forbes snapshots show that movement continuing. Forbes estimated Schuurman at $1.1 billion in 2022, then $1.4 billion in 2024, followed by $1.3 billion in 2025 and $1.2 billion in 2026 on the World’s Billionaires List. Across those years, the core business story stayed the same: Elastic remained central, and Schuurman’s standing as a self-made technology billionaire rested on the company he helped build and his continuing ownership stake.