#943
Bradley Jacobs
Overview
- Source of Wealth
- logistics
- Industry
- Logistics
- Residence
- Greenwich, Connecticut
- Education
- Brown University (Drop Out)
- Marital Status
- Married
- Children
- 4
Assets
- XPO Logistics19,101,435 shares @ --XPO-US
Biography
Most of Bradley Jacobs' fortune comes from XPO Logistics, a commercial transportation company that ships heavy goods like washing machines to homes.
Jacobs created XPO Logistics in 2011 and has expanded it with some $8 billion in deals; he owns just under 18% of the NYSE-listed company.
In the 1990s he consolidated rural trash hauling, building United Waste and flipping it to Waste Management in 1997 for $1.9 billion.
He then built United Rentals into the biggest heavy equipment rental company in the world. Its shares trade on the New York Stock Exchange.
About
A trained classical pianist, Jacobs studied piano and mathematics at Brown University before dropping out.
Jacobs has a Palm Beach mansion a few doors down from Donald Trump's Mar-a-Lago.