Rank 2026

Shay Banon

1.4B

search engine

Palo Alto, California

Israel

  • Shay Banon is a cofounder and the former CEO of search engine company Elastic, which is based in Mountain View, California.
  • In January 2022, Banon stepped down as CEO. He is now serving as Chief Technology Officer of Elastic.
  • Banon helped to develop the search technology that Elastic uses and became CEO of the company in 2017.
  • An Israeli citizen, Banon received his B.Sc. in Computer Science from Technion, Israel Institute of Technology.
  • His fortune derives from his nearly 9% stake in the company, which went public in October 2018.