LeaderPortfolio
Marchetti
Kevin Marchetti
Rank #2205
UNITED STATESDiversifiedDiversified

Kevin Marchetti

Net Worth
$1.88B
+0.41% (24h)
Kevin Marchetti is a self-made billionaire with a net worth of $5.7 billion as of March 15, 2026. His wealth stems from his co-founding of Lineage, a major player in the temperature-controlled warehousing and logistics industry, and a diversified investment portfolio. Marchetti, 48, started his career at Morgan Stanley's investment banking group before working with Ron Burkle's Yucaipa Companies. He then co-founded Bay Grove, an investment firm, in 2007. Marchetti is the Co-Executive Chairman of Lineage, the world's largest temperature-controlled warehousing and logistics REIT. He graduated cum laude from Duke University with a degree in Economics.

The Full Dossier

Early Life

Kevin Marchetti was born in 1978. He graduated cum laude from Duke University with a major in Economics and a minor in History. During his time at Duke, Marchetti was also the head manager for the Duke Men's basketball team under Coach Mike Krzyzewski.

Rise to Success

Marchetti began his career in the investment banking group of Morgan Stanley in San Francisco. He then worked with Ron Burkle's Yucaipa Companies before co-founding Bay Grove in 2007. Bay Grove is a principal investment firm. In 2008, he co-founded Lineage Logistics with Adam Forste, which grew to become the largest temperature-controlled warehousing and logistics company globally. Lineage went public in 2024 with a nearly $5 billion IPO.

Key Business Strategies

Marchetti, through Bay Grove, spearheaded a strategy of acquiring and consolidating cold-storage facilities, transforming a fragmented market into a global infrastructure business. Lineage now operates over 475 warehouses in 18 countries. Lineage is known for its focus on innovation and technology, and is the fifth-largest adopter of solar panels in the U.S.. The company also signed the Climate Pledge for zero net carbon emissions by 2040.

Philanthropy

Kevin Marchetti serves on the board of the San Francisco Zoological Society. He is also on the board of Nevada Dental Benefits and the Fisher Center's Real Estate Policy Advisory Board at UC Berkeley.

Career Timeline

2019

Goldman Sachs' 100 Most Intriguing Entrepreneurs

Named one of the 100 Most Intriguing Entrepreneurs by Goldman Sachs.

2008

Co-founder of Lineage Logistics

Co-founded Lineage Logistics, the largest temperature-controlled warehousing and logistics company globally.

2007

Co-founder of Bay Grove

Co-founded Bay Grove, a principal investment firm.

Philanthropic Impact

EnvironmentUndisclosed

San Francisco Zoological Society

Serves on the board.

HealthcareUndisclosed

Nevada Dental Benefits

Serves on the board.

EducationUndisclosed

Fisher Center's Real Estate Policy Advisory Board

Serves on the board at UC Berkeley.

Wealth Trajectory