BillionaireNet
family
T
Rank #2291
UNITED STATESFinance & InvestmentsEnergy, data centers

Toby Neugebauer & family

Net Worth
$1.632B
-8.88% (24h)
Toby Neugebauer is an American billionaire businessman, entrepreneur, and philanthropist. Born in 1971, he is currently 54 years old and has a net worth of $3.2 billion. His source of wealth stems from his involvement in the energy and data center industries. Neugebauer received a Bachelor of Business Administration in Finance from New York University. He is the co-founder and CEO of Fermi America, a data center real estate investment trust. Prior to Fermi, he was the CEO of GloriFi, a fintech startup. Neugebauer's career also includes co-founding Windrock Capital and Quantum Energy Partners, an energy private equity firm, where he served as managing director.

The Full Dossier

Early Life and Education

Toby Randolph Neugebauer was born on December 1, 1971. He is the son of Randy Neugebauer, a former member of the U.S. House of Representatives. He received a Bachelor of Business Administration in Finance from New York University in 1993.

Rise to Success

Neugebauer's career began in investment banking at Kidder, Peabody & Co.'s Natural Resources Group. He later co-founded Windrock Capital. In 1998, alongside S. Wil VanLoh Jr., he co-founded Quantum Energy Partners, a private equity firm focused on the energy sector, where he served as managing director. The firm invested significantly in the Barnett Shale. More recently, Neugebauer co-founded Fermi America, a data center real estate investment trust.

Key Business Strategies

Neugebauer's key strategies involved early investments in the energy sector and, more recently, data centers. With Quantum Energy Partners, he built a successful private equity fund. At Fermi America, he is focused on developing data centers with significant power capacity, with plans for a large campus in Amarillo, Texas. He also served on the boards of several energy companies, including Linn Energy, and co-founded Legacy Reserves.

Philanthropy

Toby Neugebauer and his family are involved in philanthropy, focusing on family formation and preservation. They have supported orphanages and schools in Africa and have established a foundation encouraging philanthropy. In 2010, Neugebauer took his family on a 110-day world tour to visit slums, orphanages, and villages, aiming to instill philanthropic values in his children.

Career Timeline

2025

Cofounded Fermi America

Launched a data center real estate investment trust and serves as CEO.

1998

Co-founded Quantum Energy Partners

Co-founded the energy-focused private equity firm and served as managing director.

1993

Graduated from New York University

Received a Bachelor of Business Administration in Finance.

Philanthropic Impact

FamilyUnknown

Family and Community Support

Supports family formation and preservation, particularly in inner cities.

Education & Community DevelopmentUnknown

International Aid

Supports orphanages and schools in Africa.

Wealth Trajectory