GoDaddy founder Bob Parsons aims to give away his fortune

SCOTTSDALE, AZ - Bob Parsons is one of the wealthiest men in Arizona. Part CEO, part party animal, the founder of the Internet giant GoDaddy is known worldwide as a maverick businessman.

He's a colorful and controversial character, with extraordinary focus and battlefield discipline.  

At age 63, Parsons is worth billions - $1.9 billion to be exact.

But now, he and his wife Renee are giving it all away, millions of dollars at a time.

So far they've given away a total of $34 million and if Parsons has his way, the whole fortune will go to those less fortunate.  

"I came into the world with nothing," Parsons says. "I grew up poor as a church mouse. So, I see no reason why when I move on and my lovely wife Renee moves on, it shouldn't all go back." 

Born of modest means in Baltimore's inner-city, Parsons and his family struggled to make ends meet.

He worked a variety of odds jobs while he was growing up, from hawking newspapers to factory work.    

He also struggled as a student, failing fifth grade and barely making it through high school. Life was tough in the old neighborhood.  

It wasn't until Parsons joined the Marine Corps that he turned his life around. He served in Vietnam in 1969, where he was seriously injured and spent months in the hospital recovering from his wounds. He received a Purple Heart along with the Combat Action Ribbon.   

Upon returning to civilian life, Parson's went to college and studied accounting. The once struggling student graduated Magna Cum Laude from the University of Baltimore. He credits his stint in the military with turning his life around.  

Now, after years of hard work, and a fair amount of partying, the business tycoon has a brand new passion - making sure his fortune makes a difference in the lives of others.

But, according to Parsons, giving away a fortune isn't as simple as it may seem.  

"Giving away your money is in some ways easy," Parsons says, "But if you want it to be purposeful and make a difference, it's a lot of work."  

To Parsons, making a difference means supporting charities that may prove too controversial for some. Among those receiving Parsons' help is a group that supports undocumented workers.  

But Parsons is no stranger to controversy. When he was running GoDaddy he took a calculated risk, airing a series of risqué Super Bowl ads that drew a firestorm of controversy.

The commercials also fueled GoDaddy to unparalleled heights. 

"That first Super Bowl ad we did. It was very controversial. And our market share the week before the ad was 16 percent. The week after it was 25 percent and it held," Parsons said.

The rest, as they say is history. 

Now that Parsons' business career is largely behind him, he spends a fair amount of time on the back of one of his 20 motorcycles.

He still knows how to party and thinks of himself as a regular guy. 

"One of my old sayings is, ‘we're not here for a long time, we're here for a good time.'"

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