Early Life and Education
Toby Randolph Neugebauer was born on December 1, 1971. His father is Randy Neugebauer, a former U.S. Congressman. Toby Neugebauer received a Bachelor of Business Administration in Finance from New York University in 1993.
Rise to Success
Neugebauer's career began in investment banking at Kidder, Peabody & Co.'s Natural Resources Group. He later co-founded Windrock Capital. In 1998, he co-founded Quantum Energy Partners, an energy private equity firm where he served as managing director. After Quantum, he co-founded merchant bank Crestmoor Advisors and worked with investment firms before launching Fermi America. Fermi America, co-founded in January 2025 with former U.S. Energy Secretary Rick Perry, launched on the Nasdaq and has plans for a large-scale data center campus.
Key Business Strategies
Neugebauer is focused on the energy and data center sectors. His venture, Fermi America, plans to build a major data center campus powered by a private energy grid, including nuclear power. This strategy aims to meet the growing demand for AI-driven computing. Before Fermi, Neugebauer founded GloriFi, a fintech startup.
Philanthropy
The Neugebauer family is involved in philanthropy through the Matthew 6:20 Foundation, supporting initiatives globally. They focus on family formation and preservation.