Billionaire Profile
Toby Neugebauer & family
Global Rank
#1246

Image: Public domain | via Wikimedia Commons

Toby Neugebauer & family

CEO, Fermi America
US
Real-Time Net Worth
$3.2B
As of December 2025
Age
53
Source
Energy, data centers
Industry
real-estate
Citizenship
US

Biography

Toby Neugebauer, a 54-year-old American businessman, is known for his involvement in the energy and data center industries. His estimated net worth is $3.2 billion. Neugebauer is the co-founder of Fermi America, a data center real estate investment trust. He previously co-founded Quantum Energy Partners, an energy-focused private equity firm, and has been involved in various energy-related investments throughout his career. Neugebauer's career includes experience as an investment banker and co-founding Windrock Capital. He is also involved in philanthropy, focusing on family formation and preservation.

Wealth Over Time

In-Depth Profile

Early Life and Education

Toby Randolph Neugebauer was born on December 1, 1971. He is the son of Randy Neugebauer, a former U.S. Representative from Texas. He received a Bachelor of Business Administration in Finance from New York University in 1993.

Rise to Success

Neugebauer began his career as an investment banker at Kidder, Peabody & Co.'s Natural Resources Group. He later co-founded Windrock Capital. In 1998, he co-founded Quantum Energy Partners, an energy-focused private equity firm based in Houston, Texas. At Quantum, he served as managing director and is now on the investment committee. Quantum has made numerous investments in the energy sector. In January 2025, Neugebauer co-founded Fermi America.

Key Business Strategies

Neugebauer's business strategies have focused on the energy sector, particularly investments in oil and gas, energy infrastructure, and data centers. He has co-founded and led firms that invest in various aspects of the energy value chain. Neugebauer is known for building and investing in real estate and water development. The creation of Fermi America signals a move into the data center industry.

Philanthropy

Toby Neugebauer and his family are involved in various philanthropic endeavors. He focuses on family formation and preservation in inner cities within the United States. He has supported orphanages in China, helped build and maintain schools in Africa (Rwanda and Zambia), and financially supported children in Africa. Neugebauer also leads an organization that encourages philanthropy and generosity.

Career Milestones

1993

Graduated from New York University

Obtained a Bachelor of Business Administration in Finance.

1998

Co-founded Quantum Energy Partners

Launched an energy-focused private equity firm.

2025

Co-founded Fermi America

Founded a data center real estate investment trust.

Philanthropy & Social Impact

Family and Education

Family and Community Support

$N/A

Focused on family formation and preservation in inner cities in the United States and supporting schools and orphanages in Africa and China.

Controversies & Challenges

2015

Political Donations

Donated $10 million to Ted Cruz's Super PAC, which led to media speculation regarding the use of the funds.