With a net worth of $2.5 billion, he's ranked #268 on the list of Forbes' wealthiest Americans.
That puts Smith ahead of early Facebook investor Jim Breyer, who has a net worth of about $2.4 billion, and on par with private equity veteran and Philadelphia 76ers co-owner Josh Harris, who has earned $2.5 billion to date.
He also displaced Michael Jordan, becoming the second-richest African American in the United States - behind Oprah Winfrey.
It's the latest accomplishment in a stellar 12 months for the leader of one of Silicon Valley's budding software and technology investors. Last October, Smith and Vista closed a fund nearing $6 billion, the firm's biggest ever.
He also got hitched to Hope Dworaczyk, mother of his young son, in a wedding that can only be described as epic.
Check out scenes from the life of one of private equity's rising stars: