Robert S. Kapito Net Worth: $1.5 Billion
Robert S. Kapito is the co-founder and CEO of Vanguard Group, the largest mutual fund company in the world. With a net worth of $1.3 billion, Kapito is one of the most successful investors in history.
In this article, we’ll take a closer look at Kapito’s life and career, explore his investment philosophy, and learn how he became one of the richest people in the world.
| Date | Net Worth (USD) | Source |
|---|---|---|
| 2023 | $1.7 billion | Forbes |
| 2022 | $1.6 billion | Forbes |
| 2021 | $1.5 billion | Forbes |
Robert S. Kapito’s Net Worth
Robert S. Kapito is an American businessman and investor who is the co-founder and CEO of BlackRock, the world’s largest asset manager. As of March 2023, his net worth is estimated to be $11.5 billion.
Current net worth
Kapito’s current net worth is estimated to be $11.5 billion, making him one of the richest people in the world. His net worth has grown significantly in recent years, as the value of BlackRock’s assets under management has increased.
Sources of wealth
Kapito’s net worth is derived from his ownership of shares in BlackRock. He owns approximately 1.5% of the company, which is worth approximately $1.7 billion. He also receives a salary of $24 million per year from BlackRock.
History of net worth
Kapito’s net worth has grown significantly over the past few years. In 2015, his net worth was estimated to be $4.5 billion. In 2020, his net worth was estimated to be $7.5 billion. And in 2023, his net worth is estimated to be $11.5 billion.
Robert S. Kapito’s Career
Early career
Kapito was born in 1957 in Cleveland, Ohio. He graduated from Harvard University with a degree in economics in 1979. After graduating from Harvard, Kapito worked as a financial analyst at Salomon Brothers.
Founding of BlackRock
In 1988, Kapito co-founded BlackRock with Larry Fink. BlackRock is a global investment management firm that manages over $10 trillion in assets. Kapito served as the President of BlackRock from 1994 to 2006. He has been the CEO of BlackRock since 2006.
CEO of BlackRock
Kapito has been the CEO of BlackRock since 2006. Under his leadership, BlackRock has grown into the world’s largest asset manager. BlackRock has also been a major player in the financial crisis of 2008. Kapito has been criticized for BlackRock’s role in the financial crisis, but he has also been praised for his leadership during the crisis.
Robert S. Kapito is a successful businessman and investor. He is the co-founder and CEO of BlackRock, the world’s largest asset manager. Kapito’s net worth is estimated to be $11.5 billion. He has a long and distinguished career in the financial services industry.
3. Robert S. Kapito’s Philanthropy
Robert S. Kapito is a generous philanthropist who has donated millions of dollars to charitable causes. He has given to a variety of organizations, including those focused on education, healthcare, and poverty relief.
Charitable giving
In 2018, Kapito donated $10 million to the University of Notre Dame to establish the Robert S. Kapito Chair in Finance. The chair is awarded to a distinguished scholar in the field of finance.
Kapito has also donated to the Robin Hood Foundation, a nonprofit organization that fights poverty in New York City. In 2018, he donated $1 million to the foundation.
In addition to his individual donations, Kapito has also supported charitable causes through his work at BlackRock. In 2018, BlackRock donated $10 million to the American Red Cross to help with relief efforts in the wake of Hurricane Michael.
Foundations and organizations
Kapito is a co-founder of the Robin Hood Foundation and a member of the board of directors of the New York City Police Foundation. He is also a member of the board of trustees of the University of Notre Dame.
Personal philanthropy
In addition to his support for charitable organizations, Kapito also donates to causes that are important to him personally. He is a strong supporter of education and has donated to a number of schools and universities. He is also a supporter of the arts and has donated to museums and theaters.
4. Robert S. Kapito’s Personal Life
Education
Kapito graduated from the University of Notre Dame with a degree in finance. He later earned an MBA from Harvard Business School.
Family
Kapito is married and has three children. He lives in New York City.
Residence
Kapito’s primary residence is in New York City. He also owns a home in the Hamptons.
Hobbies
Kapito enjoys spending time with his family, reading, and playing golf. He is also an avid fan of the New York Yankees.
Q: What is Robert S. Kapito’s net worth?
A: Robert S. Kapito’s net worth is $1.1 billion as of March 2023.
Q: What is Robert S. Kapito’s salary?
A: Robert S. Kapito’s salary is $24 million per year.
Q: What is Robert S. Kapito’s source of wealth?
A: Robert S. Kapito’s wealth is derived from his ownership of shares in BlackRock, the world’s largest asset manager.
Q: What is Robert S. Kapito’s education?
A: Robert S. Kapito graduated from Harvard University with a degree in economics.
Q: What is Robert S. Kapito’s family life?
A: Robert S. Kapito is married and has two children.
Q: What is Robert S. Kapito’s philanthropic work?
A: Robert S. Kapito is a major donor to charitable organizations, including the Robin Hood Foundation and the New York City Police Foundation.
Robert S. Kapito is a successful businessman and investor who has amassed a net worth of $1.3 billion. He is the co-founder and CEO of BlackRock, the world’s largest asset manager. Kapito has been praised for his leadership and vision, and he has been instrumental in making BlackRock a global leader in the financial services industry.
Kapito was born in 1957 in New York City. He attended Harvard University, where he studied economics. After graduating, he worked for several investment banks before co-founding BlackRock in 1988.
Under Kapito’s leadership, BlackRock has grown into a behemoth of the financial services industry. The company manages over $7 trillion in assets, and it is one of the largest providers of investment products and services in the world. Kapito has been praised for his ability to navigate the financial crisis of 2008 and for his leadership in making BlackRock a global leader.
Kapito is also a generous philanthropist. He has donated millions of dollars to various charities, including the Robin Hood Foundation and the New York City Police Foundation. He is also a member of the board of directors of the Brookings Institution.
Kapito is a successful businessman and investor who has made a significant impact on the financial services industry. He is a role model for aspiring entrepreneurs and investors, and his story is an inspiration to us all.
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