forbes.com

Liz Elting

  • ️Tue May 28 2024
  • Liz Elting cofounded a translation company in 1992 with Phil Shawe, her one-time fiance, in a college dorm room.
  • TransPerfect generated $1.2 billion in 2023 revenues from some 6,000 clients, including Google, Microsoft and various U.S. governmental agencies.
  • The couple broke up in 1997 but remained co-CEOs. The partnership later soured, and they sued each other in 2014.
  • They battled for years as a court-appointed broker solicited bids.
  • In February 2018, Elting complied with a court decision that determined she had to sell her half of TransPerfect to Shawe for $385 million.
  • She now devotes much of her time to her foundation and investing in and mentoring women entrepreneurs.
  • In 2023, Elting published her debut book, Dream Big and Win: Translating Passion Into Purpose and Creating a Billion-Dollar Business.

Wealth History

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Personal Stats

Age
59
Source of Wealth
Translation services, Self Made
Self-Made Score
8
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
2
Education
Master of Business Administration, Leonard N. Stern School of Business; Bachelor of Arts/Science, Trinity College Connecticut

Did you know

Elting had lived in three countries and studied four languages by the end of high school.

A court ordered Shawe in August 2016 to pay Elting $7.1 million for secretly accessing her emails, among other actions.

Elting is a Forbes contributor.

In Their Own Words

The goal was to create something different and amazing. The idea was to be a pioneer in this industry.

Liz Elting

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