Billionaire Profile
T
Global Rank
#2315

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

Toby Neugebauer & family

CEO, Energy
UNITED STATES
Real-Time Net Worth
$1.695B
Estimated based on Energy stock value as of March 6, 2026
-4.89% (24h)
Age
54
Source
Energy, data centers
Industry
Finance & Investments
Citizenship
UNITED STATES

Biography

Toby Neugebauer is a 54-year-old American businessman and investor, best known as the co-founder and CEO of Fermi America, a real estate investment trust focusing on data centers. With a net worth of $2.9 billion as of January 29, 2026, his wealth stems from the energy and data center industries. Neugebauer's career includes co-founding Quantum Energy Partners and managing a family office focused on private equity. He is also involved in philanthropy through the Matthew 6:20 Foundation and is a part-owner of Major League Soccer's Austin FC. He is the son of former U.S. Congressman Randy Neugebauer.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

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.

Career Milestones

1998

Co-founded Quantum Energy Partners

Co-founded energy private equity firm.

2018

Crestmoor Advisors

Cofounded merchant bank.

2025

Co-founded Fermi America

Co-founded a data center real estate investment trust.

Philanthropy & Social Impact

Family and Community Support

Matthew 6:20 Foundation

Undisclosed

Funds global initiatives.

Controversies & Challenges

2023

GloriFi Bankruptcy

Neugebauer's fintech startup, GloriFi, filed for bankruptcy.