Billionaire Profile
Michael Rubin
Global Rank
#269

Image: Public domain | via Wikimedia Commons

Michael Rubin

CEO, Fanatics
US
Real-Time Net Worth
$11.5B
As of December 2025
Age
53
Source
Online retail
Industry
fashion-retail
Citizenship
US

Biography

Michael Rubin is an American businessman and philanthropist, best known as the Founder and CEO of Fanatics, a global digital sports platform. Born on July 21, 1972, Rubin's career began with early entrepreneurial ventures, including a ski equipment business at age 12. His wealth source is online retail, which has grown his net worth to an estimated $11.5 billion as of August 2024. Before Fanatics, Rubin founded GSI Commerce, which he sold to eBay for $2.4 billion in 2011. His achievements include partnerships with over 300 sports leagues and teams, revolutionizing the sports merchandise industry. Rubin is also co-chair of the REFORM Alliance, a criminal justice reform organization.

Wealth Over Time

In-Depth Profile

Early Life

Michael Rubin was born on July 21, 1972, in Philadelphia, Pennsylvania. Growing up in Lafayette Hill, he showed an entrepreneurial spirit from a young age. At 12, he started a ski-tuning shop in his parents' basement. Two years later, he opened Mike's Ski and Sport in Conshohocken, Pennsylvania, using funds from his bar mitzvah.

Rise to Success

Rubin's career took off when he founded Global Sports Incorporated (later GSI Commerce) in 1998. GSI Commerce provided e-commerce solutions for retailers. In 2011, he sold GSI Commerce to eBay for $2.4 billion. He then bought back assets, including Fanatics, which would become the cornerstone of his wealth. Under Rubin's leadership, Fanatics has partnered with over 300 professional leagues and teams.

Key Business Strategies

A key strategy for Rubin has been forming strategic partnerships with major sports leagues and teams, creating a vertically integrated model for Fanatics. He focused on an e-commerce approach, making Fanatics a leader in online sports merchandise. Fanatics also expanded into collectibles and sports betting to diversify its revenue streams. Rubin's ability to acquire undervalued assets and his risk-taking have been crucial to his success.

Philanthropy

Rubin co-founded the REFORM Alliance in January 2019, a criminal justice reform organization. He also created the ALL IN Challenge in 2020, which raised $60 million to feed those in need during the COVID-19 pandemic. In 2023, he initiated the Merch Madness Fan Gear Giveaway, donating approximately $20 million of licensed apparel. In 2025, Rubin spearheaded the LA Strong merchandise collection to support those impacted by the LA wildfires.

Career Milestones

1993

Founded KPR Sports

Founded KPR Sports, which reached $1 million in annual sales by age 21.

1995

Purchased stake in Rykä

Purchased 40% stake in Rykä, a women's athletic shoe manufacturer.

1998

Founded GSI Commerce

Founded GSI Commerce, later sold to eBay for $2.4 billion.

2011

Sold GSI Commerce to eBay

Sold GSI Commerce to eBay for $2.4 billion and acquired Fanatics.

2011

Partner of Philadelphia 76ers

Became a partner of the Philadelphia 76ers.

2019

Co-founded REFORM Alliance

Co-founded REFORM Alliance, a criminal justice reform organization.

Philanthropy & Social Impact

Criminal Justice Reform

REFORM Alliance

Undisclosed

Co-founded REFORM Alliance to transform the probation and parole system

COVID-19 Relief

ALL IN Challenge

$60M

Founded ALL IN Challenge to feed those most in need during the COVID-19 pandemic

Community Outreach

Fanatics Merch Madness

$20M

Initiated the Fanatics Merch Madness event to donate licensed apparel

Disaster Relief

LA Strong Merchandise Collection

Undisclosed

Spearheaded LA Strong merchandise collection to support those affected by the LA wildfires

Business Philosophy & Leadership

Notable Quotes

""I believe there are two types of business people — risky and rational.""

Leadership Principles

Risk-Taking

Embracing calculated risks to drive business growth and innovation.

Strategic Partnerships

Building strong alliances with major leagues and teams to create a vertically integrated model.

Vertical Commerce

Creating an on-demand, real-time experience for fans globally.