Brad Jacobs
Logistics · Greenwich, Connecticut
Net worth
$13.5B
Today
+$67M+0.50%Past month
+$1.2B+9.51%As of Nov 11, 2026, 1:50 PM EST
Most of Brad Jacobs' fortune comes from Greenwich-based QXO, Inc., a publicly traded roofing and building materials company operating in the U.S. and Canada. Jacobs acquired QXO through a tender offer in 2025, fourteen years after creating the commercial trucking company XPO Logistics. In 2021, XPO spun off its warehousing business into GXO Logistics, which contracts with retailers to manage inventory and fill orders. In 2022, it spun off its truck brokerage business into RXO. In the 1990s, Jacobs consolidated rural trash hauling, building United Waste and flipping it to Waste Management in 1997 for $1.9 billion. He then built United Rentals into the biggest heavy equipment rental company in the world. Its shares trade on the New York Stock Exchange.
Net worth over time
Principal holdings
5 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private and other holdings | Logistics | 55.1% | $7.4B |
QXO NYSE: QXO | Logistics | 40.2% | $5.4B |
XPO Logistics NYSE: XPO | Logistics | 3.7% | $493M |
GXO Logistics NYSE: GXO | Logistics | 0.7% | $94M |
RXO NYSE AMERICAN: ROX | Logistics | 0.3% | $46M |
Also known for
- A trained classical pianist, Jacobs studied piano and mathematics at Brown University before dropping out.
- Jacobs has a Palm Beach mansion a few doors down from Donald Trump's Mar-a-Lago.