Billionaire Profile
T
Global Rank
#2909

Image: Committee on Resources | Public domain | via Wikimedia Commons

Toby Neugebauer & family

CEO, Energy
UNITED STATES
Real-Time Net Worth
$1.31B
Estimated based on Energy stock value as of April 20, 2026
0% (24h)
Age
54
Source
Energy, data centers
Industry
Finance & Investments
Citizenship
UNITED STATES

Biography

Toby Neugebauer is an American billionaire businessman, investor, and philanthropist. He is best known as the co-founder and CEO of Fermi America, a data center real estate investment trust that is developing large-scale data centers. Neugebauer's source of wealth is primarily derived from energy and data centers. He previously co-founded Quantum Energy Partners, an energy private equity firm. His career includes experience in investment banking and founding multiple companies. Neugebauer resides in Dallas, Texas, and is married with two children.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Toby Randolph Neugebauer was born on December 1, 1971, and is 54 years old as of March 25, 2026. He received a Bachelor of Business Administration in Finance from New York University in 1993. His father is Randy Neugebauer, a former U.S. Congressman.

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, Neugebauer co-founded Quantum Energy Partners, an energy private equity firm. In January 2025, he co-founded Fermi America, a data center real estate investment trust with former Texas Governor Rick Perry. Fermi America went public in October 2025. Neugebauer and his family own a 29% stake in the company. Prior to Fermi America, Neugebauer was the CEO and executive chairman of GloriFi, a fintech startup.

Key Business Strategies

Neugebauer's key business strategy involves investing in the energy sector and data centers. Fermi America is developing a large-scale data center campus focused on AI-driven demand near Amarillo, Texas, emphasizing nuclear power.

Philanthropy

Toby Neugebauer's philanthropy includes family formation and preservation in inner cities. He has worked with orphanages in China, supported schools in Africa, and heads an organization encouraging philanthropy and generosity. He is the principal officer of the Matthew 6:20 Foundation.

Career Milestones

1998

Co-founded Quantum Energy Partners

Co-founded energy private equity firm.

2021

Founded GloriFi

Founded a fintech startup.

2025

Cofounded Fermi America

Cofounded data center real estate investment trust.

2025

Fermi America IPO

Fermi America went public on the Nasdaq.

Philanthropy & Social Impact

Family and Education

Matthew 6:20 Foundation

$XB

Supports family formation and preservation, global initiatives, and education.

Education and International Aid

Schools in Africa

Undisclosed

Supported children in Africa financially and helped build and maintain schools in Rwanda and Zambia

Controversies & Challenges

2023

GloriFi Bankruptcy

GloriFi, a fintech startup, filed for bankruptcy.