Billionaire Profile
JB Straubel
Global Rank
#2224

Image: Public domain | via Wikimedia Commons

JB Straubel

CEO, Tesla
US
Real-Time Net Worth
$1.9B
As of December 2025
Age
49
Source
Tesla, Redwood Materials
Industry
technology
Citizenship
US

Biography

JB Straubel is a prominent figure in the electric vehicle (EV) industry, best known as a co-founder and the former Chief Technology Officer of Tesla, Inc.. Born on December 20, 1975, Straubel's early fascination with engineering and sustainability led him to Stanford University, where he earned degrees in Energy Engineering. At Tesla, he spearheaded the development of battery architecture and the Gigafactory concept, playing a crucial role in the company's rise. In 2017, Straubel founded Redwood Materials, a company focused on recycling lithium-ion batteries, demonstrating his commitment to a sustainable circular economy. As of December 5, 2025, his estimated net worth is $1.9 billion, a testament to his impact on the EV sector and the potential of sustainable innovation.

Wealth Over Time

In-Depth Profile

Early Life and Education

Jeffrey Brian "JB" Straubel was born in Des Moines, Iowa, on December 20, 1975. From a young age, Straubel displayed a keen interest in engineering and sustainability. He pursued his passion at Stanford University, earning both a Bachelor of Science and a Master of Science in Energy Engineering. At Stanford, he participated in the university's solar car team, which further fueled his interest in energy systems and electric vehicles.

Rise to Success

Straubel's career took a pivotal turn when he co-founded Tesla Motors in 2003. He served as the Chief Technology Officer (CTO) from 2004 to 2019. During his tenure, Straubel was instrumental in the design of Tesla's vehicles, overseeing the battery pack and electric motor development for the original Roadster, Model S, Model X, Model 3, and Model Y. Straubel played a critical role in the conceptualization and realization of Tesla's Gigafactory, which expanded the company's production capabilities.

Key Business Strategies

Straubel's strategic vision extended beyond vehicle design. He emphasized the importance of technological innovation and sustainability, influencing Tesla's core strategies. Straubel also recognized the importance of a robust supply chain and efficient manufacturing processes. His leadership was key in building a strong engineering team at Tesla. Following his departure from Tesla, he founded Redwood Materials in 2017, focusing on recycling lithium-ion batteries and electronic waste. This move underscored his commitment to creating a sustainable, circular economy, aligning with his long-term vision for the industry.

Philanthropy

Straubel co-founded the Straubel Foundation in 2015 with his wife, Boryana Dineva, to fund projects related to clean energy and education. Further information regarding specific amounts donated or specific initiatives are unavailable in the current search results.

Career Milestones

2004

Co-founder and CTO of Tesla

Joined Tesla as the CTO and oversaw the technical and engineering design of the vehicles.

2008

Named Innovator of the Year

Recognized by MIT Technology Review as one of the top 35 innovators under 35.

2017

Founder of Redwood Materials

Founded Redwood Materials to focus on lithium-ion battery recycling and sustainable practices.

2019

Left Tesla as CTO

Transitioned to a senior advisor role at Tesla.

Philanthropy & Social Impact

Clean Energy and Education

Straubel Foundation

Undisclosed

Funds projects related to clean energy and education.

Business Philosophy & Leadership

Notable Quotes

"“That was the premise Elon and I discussed over that first lunch: that batteries have come much further than anyone expects, certainly than the auto industry expects.”"

Leadership Principles

Innovation

Focus on cutting-edge technologies and pushing the boundaries of sustainable energy.

Sustainability

Commitment to environmentally responsible practices and creating a circular economy.

Engineering Excellence

Emphasis on technical expertise and building high-performing teams to achieve ambitious goals.