BillionaireNet
Jr
Robert Hale Jr
Rank #621
UNITED STATESTelecomTelecom

Robert Hale Jr

Net Worth
$6.044B
0% (24h)
Robert Hale Jr. is the founder and CEO of Granite Telecommunications, a major telecommunications provider. With an estimated net worth of $5.4 billion, Hale has built a successful career in the telecom industry. His journey includes overcoming the bankruptcy of his previous venture, Network Plus, and transforming Granite Telecommunications into a company that serves a significant portion of Fortune 100 companies. Hale is known for his philanthropic work, donating generously to cancer research, educational institutions, and other charitable causes, and has earned accolades for his community involvement. He is also part-owner of the Boston Celtics and co-founder of FoxRock Properties.

The Full Dossier

Early Life and Education

Robert Hale Jr. was born in 1966 in Northampton, Massachusetts. He graduated from Connecticut College in 1990 with a B.A. in History.

Rise to Success

Hale's career began in sales at MCI in 1988. In 1990, he founded Network Plus, a telecom service aggregator, which grew to a $150 million business before its bankruptcy in 2002. Following this setback, Hale founded Granite Telecommunications in 2002, which provides voice, data, and other communication services. Under his leadership, Granite has become a major player in the telecommunications sector, serving over two-thirds of the Fortune 100 companies.

Key Business Strategies

Granite Telecommunications focuses on providing communication solutions to businesses and governmental agencies. The company has grown by focusing on customer relationships and has surpassed $1.8 billion in annual revenue. Hale emphasizes a family-oriented culture and community engagement as key elements of Granite's success.

Philanthropy

Hale and his wife, Karen, have donated over $270 million to charitable causes, including cancer research and educational institutions. Their philanthropic efforts have earned them several awards, including the Carolyn Lynch Humanitarian Award from the Breast Cancer Research Foundation. In 2022, Granite Telecommunications was recognized as Massachusetts's most charitable company. He has also gifted $1,000 to graduating college students at multiple commencement ceremonies.

Career Timeline

2024

Commencement gift

Gifted $1,000 to each graduating student at the University of Massachusetts Dartmouth.

2022

Most Philanthropic Company

Granite Telecommunications was recognized as the most charitable company in Massachusetts.

2002

Founded Granite Telecommunications

Established Granite Telecommunications, a communications and technology solutions provider.

1990

Founded Network Plus

Launched Network Plus, a telecom service aggregator.

1988

Sales at MCI

Began his career in sales at MCI, a long-distance phone company.

Philanthropic Impact

Cancer Research$270M+

Cancer Research Donations

Contributed over $270 million to cancer research.

EducationUndisclosed

Educational Institutions

Donations to various educational institutions, including Connecticut College and Deerfield Academy.

Education$1,000

UMass Dartmouth Commencement Gift

Gifted graduating students $1,000 each.

Healthcare$100M

Boston Hospitals Donations

Gifts to Boston Children's Hospital and Brigham and Women's Hospital

Wealth Trajectory