LeaderPortfolio
Mas
Jorge Mas
Rank #732
UNITED STATESConstruction & EngineeringConstruction

Jorge Mas

Net Worth
$5.691B
+4.88% (24h)
Jorge Mas is a prominent Cuban-American businessman and the chairman and largest shareholder of MasTec, an infrastructure engineering and construction company. Born in Miami in 1963, Mas is a graduate of the University of Miami with degrees in Business Administration. His career began at Church and Tower, the precursor to MasTec, in 1984. Under his leadership, MasTec has grown into one of the largest Hispanic-owned companies in the U.S., generating billions in annual revenue. Mas is also the managing owner of Inter Miami CF, a Major League Soccer team. His net worth is estimated at $4.4 billion, as of March 2024, largely from his stake in MasTec. He is actively involved in philanthropy through the Mas Family Foundation, supporting education and community initiatives.

The Full Dossier

Early Life

Jorge Mas was born on February 28, 1963, in Miami, Florida, to parents who had fled Cuba. His father, Jorge Mas Canosa, was a key figure in the Cuban exile community, and a staunch opponent of the communist regime.

Rise to Success

Mas began his career at Church and Tower, founded by his father, in 1984. He graduated from the University of Miami with a bachelor's degree in business administration in 1984 and a master's degree in business administration in 1985. He took over Church & Tower from his father in 1994 and transformed the company, later renamed MasTec, into a multinational construction giant. Mas co-founded Neff Rentals in 1990, which he sold in 2005.

Key Business Strategies

Mas has been instrumental in MasTec's growth, expanding its operations and diversifying into renewable energy and communications infrastructure. MasTec has brought in billions in revenue, making it one of the largest Hispanic-run U.S. companies. He has led the company through strategic acquisitions and expansion into new markets.

Philanthropy

Mas is involved in various philanthropic endeavors. He is the director of the Mas Family Foundation, which supports charitable initiatives and education. He made a $5 million lead gift to CasaCuba at Florida International University.

Career Timeline

2018

Co-founded Inter Miami CF

Co-founded and became the managing owner of the Major League Soccer team.

2005

Sold Neff Corporation

Sold Neff Corporation for a reported $510 million.

1994

Became Chairman of MasTec

Took over Church & Tower and renamed it MasTec, leading to its expansion.

1990

Co-founded Neff Corporation

Co-founded a construction equipment rental company, which was later sold in 2005.

1984

Began Career at Church and Tower

Started working at Church and Tower, the predecessor to MasTec, after graduating from the University of Miami.

Philanthropic Impact

Education$XB

Mas Family Scholarships

Supports the education of students of Cuban descent.

Cultural Preservation$5M

CasaCuba at FIU

Made a lead gift to support the mission and construction of a center for Cuban culture at Florida International University.

Wealth Trajectory