Billionaire Profile
Kamal Ghaffarian
Global Rank
#1548

Image: Public domain | via Wikimedia Commons

Kamal Ghaffarian

CEO, X-energy
US
Real-Time Net Worth
$2.5B
As of December 2025
Age
67
Source
Space, energy
Industry
energy
Citizenship
US

Biography

Kamal Ghaffarian is an Iranian-born American businessman and entrepreneur, recognized for his significant contributions to the space and energy sectors. With a current net worth of $2.5 billion, Ghaffarian's wealth stems from his ventures in the space and energy industries. His career includes founding and co-founding several companies, including IBX, Axiom Space, Intuitive Machines, X-energy, and Quantum Space. Ghaffarian's focus on innovation and technology has led to significant advancements in the aerospace industry and the development of clean energy solutions. His passion for space, sparked by the Apollo 11 Moon landing, has driven his career and philanthropic endeavors, including a strong focus on education and STEM initiatives.

Wealth Over Time

In-Depth Profile

Early Life

Kamal Ghaffarian, born in Iran, developed a passion for space at a young age, inspired by the Apollo 11 Moon landing. He immigrated to the United States at 17 and began college at 18. He holds dual B.S. degrees in Computer Science and Electronics Engineering, an M.Sc. in Information Management, and a Ph.D. in Management Information Systems.

Rise to Success

Ghaffarian's career includes key positions at Lockheed Martin, Ford Aerospace, and Loral. He founded Stinger Ghaffarian Technologies (SGT) in 1994, which became NASA's second-largest engineering services contractor. SGT was later acquired by KBR for $355 million in February 2018. He then founded X-energy in 2009, focusing on advanced nuclear reactors, and co-founded Intuitive Machines in 2013, which successfully landed a robotic lander on the moon in February 2024. In 2016, he co-founded Axiom Space to develop the first commercial space station.

Key Business Strategies

Ghaffarian's success is attributed to his focus on government contracts and technological innovation. He has excelled at securing contracts with the U.S. government and attracting veterans from NASA to join his ventures. His strategy includes building a strong company culture, fostering innovation, and developing partnerships within the space industry.

Philanthropy

Ghaffarian is actively involved in philanthropy, particularly in education and STEM initiatives. He established the Limitless Space Institute in 2019 to support scientific research and engage students in space exploration. He also supports a school in Kinshasa, Democratic Republic of the Congo, through his Emerging Light Foundation.

Career Milestones

1994

Founded Stinger Ghaffarian Technologies (SGT)

Launched SGT, which became NASA's second-largest engineering services contractor.

2009

Founded X-energy LLC

Founded X-energy to design high-temperature gas-cooled nuclear reactors.

2013

Co-founded Intuitive Machines

Co-founded Intuitive Machines, focused on lunar exploration and commercial space missions.

2016

Co-founded Axiom Space

Co-founded Axiom Space, which is developing the world's first commercial space station.

2024

Intuitive Machines lunar landing

Intuitive Machines' Odysseus lunar lander completed the first American mission to the moon since 1972.

Philanthropy & Social Impact

Education and STEM

Limitless Space Institute

Undisclosed

Supports scientific research and student engagement in space exploration.

Education

Emerging Light Foundation

Undisclosed

Supports a school in Kinshasa, Democratic Republic of the Congo.