BillionaireNet
Ghaffarian
Kamal Ghaffarian
Rank #1568
UNITED STATESEnergySpace, energy

Kamal Ghaffarian

Net Worth
$2.532B
+1.06% (24h)
Kamal "Kam" Ghaffarian is an Iranian-born American businessman and aerospace engineer, renowned for his pioneering work in the space and new energy sectors. With a current net worth of $2.5 billion as of 2024, Ghaffarian has built a career marked by innovation and entrepreneurial success. His source of wealth stems from his ventures in the space and energy industries. Ghaffarian's career includes co-founding and leading several prominent companies such as Intuitive Machines, Axiom Space, and X-energy. His achievements include the successful commercial lunar landing by Intuitive Machines in 2024, showcasing his commitment to advancing space exploration and fostering a multi-planetary future. He also established the Limitless Space Institute, a non-profit for interstellar travel research.

The Full Dossier

Early Life

Kamal Ghaffarian was born in Iran and developed a passion for space after witnessing the Apollo 11 Moon landing in 1969. He immigrated to the United States at age 17, beginning college at 18. Ghaffarian holds multiple degrees: B.S. degrees in engineering from the Catholic University of America and Capitol Technology University, an M.Sc. in Information Technology from The George Washington University, and a Ph.D. in Management Information Systems from Capitol Technology University.

Rise to Success

Ghaffarian's career began with positions at Lockheed Martin, Ford Aerospace, and Loral. In 1994, he co-founded Stinger Ghaffarian Technologies (SGT) with Harold Stinger, which became NASA's second-largest engineering services contractor. SGT was acquired by KBR in 2018 for $355 million. Ghaffarian founded X-energy in 2009 to develop advanced nuclear reactors. He co-founded Intuitive Machines in 2013 to provide lunar exploration services and launched a successful IPO via SPAC in 2023. Axiom Space, which he co-founded in 2016, is developing the first commercial space station.

Key Business Strategies

Ghaffarian's business strategy focuses on innovation in the space and energy sectors. His approach involves leveraging his expertise to bridge government contracts with private innovation, aiming to create transformative technologies and building strong government relationships. His ventures have a common goal: to advance space exploration and develop sustainable energy solutions.

Philanthropy

Ghaffarian is actively involved in philanthropy, supporting education, STEM initiatives, and scientific research. He established the Limitless Space Institute in 2019, a non-profit focused on interstellar space exploration. He is also a major donor to a school in Kinshasa, Democratic Republic of Congo. He serves on the Innovation Board for X-Prize.

Career Timeline

2024

Intuitive Machines Lunar Landing

Intuitive Machines' Odysseus lunar lander completed the first American mission to the moon since 1972.

2019

Founded Limitless Space Institute

Established the Limitless Space Institute, a non-profit organization focused on interstellar human space exploration.

2018

SGT Sold

Sold SGT to KBR for $355 million.

2016

Co-founded Axiom Space

Co-founded Axiom Space, a company developing the world's first commercial space station.

2013

Co-founded Intuitive Machines

Co-founded Intuitive Machines, a company focused on lunar exploration and commercial space missions.

2009

Founded X-energy

Founded X-energy LLC in 2009, designing high-temperature gas-cooled nuclear reactors.

1994

Co-founded Stinger Ghaffarian Technologies (SGT)

SGT became NASA's second-largest engineering services contractor.

Philanthropic Impact

EducationUndisclosed

Emerging Light Foundation

Supports education in vulnerable communities.

STEMUndisclosed

Limitless Space Institute

Supports research and education in interstellar space exploration.

TechnologyUndisclosed

X-Prize Innovation Board

Serves on the Innovation Board to promote technological development.

Wealth Trajectory