Wealthiest People in CT: 10. Bradley Jacobs

CEO
XPO Logistics, Greenwich
2022 Net Worth: $3.7 billion

Greenwich resident Bradley Jacobs is a serial entrepreneur.

He built five companies into billion- or multibillion-dollar enterprises, including three publicly-traded companies: XPO Logistics, where he’s chairman and CEO; United Rentals, which he co-founded in 1997; and United Waste Systems, founded in 1989.

He also founded Hamilton Resources (UK) Ltd. and served as its chairman and chief operating officer, and co-founded his first venture, Amerex Oil Associates Inc., where he was chief executive.

In 2010, he formed Jacobs Private Equity LLC “to make a substantial equity investment in a single company with the potential for superlative value creation.”

He selected the logistics industry as a strong match to both his skill set and investment criteria, saying that “the industry is large, fragmented and growing faster than GDP, making it ripe to leverage scale and technology.”

- Advertisement -

In a previous interview with the trade journal Supply Chain Brain, Jacobs — who is worth about $3.7 billion, according to Forbes — talked about his approach to growth, which balances “organic” expansion through sales and marketing and acquisitions.

In December, XPO announced plans to spin off 100% of its logistics segment as a separate, publicly-traded company.

Interesting fact: According to Forbes, Jacobs, 65, is a trained classical pianist who studied piano and mathematics at Brown University before he dropped out of the institution.

Click here to return to the Wealthiest People in CT landing page.