RJ Scaringe | |
---|---|
Born | Rockledge, Florida, U.S. | January 19, 1983
Education | Rensselaer Polytechnic Institute (BS) Massachusetts Institute of Technology (MS, PhD) [1] [2] |
Title | Founder and CEO of Rivian Automotive, Inc. |
Spouse | Meagan McGone (m. 2014) |
Children | 3 |
Robert Joseph "RJ" Scaringe (born January 19, 1983) is an American entrepreneur and engineer, and the founder and CEO of electric vehicle manufacturer Rivian. [3] [4] [5] [6]
Robert Joseph Scaringe was born on January 19, 1983. [7] His father, also named Robert Scaringe, is an engineer and founder of Mainstream Engineering Corporation. [8] Scaringe grew up a car enthusiast, restoring them in his neighbor's garage. After learning of the great negative environmental effects of cars, however, he decided to focus his life on creating a more sustainable and environmentally friendly transportation system. [9]
Scaringe grew up in Melbourne, Florida. [10] He attended Melbourne Central Catholic High School. [11] Scaringe received his bachelor's degree in mechanical engineering from Rensselaer Polytechnic Institute. He then received a master's degree in mechanical engineering at the Massachusetts Institute of Technology (MIT) and went on to also receive a doctorate in mechanical engineering at MIT's Sloan Automotive Lab. [12] [13]
Scaringe married Meagan McGone in Michigan in August 2014. The couple have three children together. [14]
According to Forbes , Scaringe's net worth was estimated at $3.4 billion as of April 2021, but he lost his billionaire status in March 2022 due to Rivian's declining share value. [15] [16]
Scaringe returned to Rockledge, Florida, and founded Mainstream Motors in the year of 2009 as the sole employee. The name of the company changed to Rivian Automotive in 2011. [17] [18]
In November 2021, Rivian went public, listing its shares on the Nasdaq. [19]
Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has veto power over board decisions due to his 100% ownership of the company's class B shares. [20] In total, Scaringe owns about 1.4% of Rivian. [15]
Jeffrey Preston Bezos is an American business magnate and oligarch best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest person in the world, with a net worth of US$217 billion as of November 1, 2024, according to Forbes. He was the wealthiest person from 2017 to 2021, according to both the Bloomberg Billionaires Index and Forbes.
Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and was recognized on the 2020 Forbes Global 2000. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts; it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford and Stellantis, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others.
Tesla, Inc. is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services.
Piero Ferrari is an Italian billionaire businessman and sport personality. He is the second and only living son of Enzo Ferrari, and a 10.48% owner of the Ferrari automotive company, of which he is the vice chairman. He owns 13.2% of the Ferretti Group. As of November 2024, his net worth was estimated at US$9.8 billion.
Shahid Rafiq "Shad" Khan is a Pakistani-American billionaire businessman and sports tycoon. Khan is the owner of the Jacksonville Jaguars of the National Football League (NFL) and Fulham F.C. of the Premier League, and co-owner of the American professional wrestling promotion All Elite Wrestling (AEW), along with his son, Tony Khan. He is also the owner of Flex-N-Gate, an American supplier of motor vehicle components.
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. Rivian started deliveries of its R1T pickup truck in late 2021. The company planned to build an exclusive charging network in the United States and Canada by the end of 2023.
The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.
Lei Jun is a Chinese billionaire entrepreneur and philanthropist. He is known for founding the consumer electronics company Xiaomi. As of October 2024, Lei's net worth was estimated at either US$21.1 billion according to the Bloomberg Billionaires Index, making him the 103rd richest person in the world, or at $21.2 billion by Forbes, ranking him 105 worldwide.
Jayaprakash "Jay" Vijayan is a US-based entrepreneur, engineer, inventor, and investor. He is the founder and CEO of Tekion Corp, a SaaS company based in the United States. Prior to founding Tekion, he served as chief information officer (CIO) at Tesla Motors. He also worked for VMware and Oracle.
Lucid Group, Inc. is an American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. In September 2021, the company began producing the Lucid Air sedan at its factory in Casa Grande, Arizona. The company expects to begin production of its second model, the Lucid Gravity SUV, in late 2024. Lucid also supplies and develops powertrain technology to other automakers, including Aston Martin.
Fisker Inc. is an American automotive company founded by Danish automotive designer Henrik Fisker and his wife Geeta Gupta-Fisker.
Ashar Aziz is a Pakistani–American electrical engineer, business executive, and philanthropist. He is best known as the founder of Silicon Valley–based cybersecurity company FireEye. A former billionaire, Aziz had an estimated net worth of over $233 million as of 2015.
Hassan Mohammed Abdul Latif Jameel is a Saudi businessman and philanthropist. He is deputy president and vice chairman of Saudi Arabia operations at the international conglomerate Abdul Latif Jameel.
Eric S Yuan is a Chinese-American billionaire businessman, engineer, and the chief executive officer and founder of Zoom Video Communications, of which he owns 22%.
A skateboard is a type of configuration for automotive chassis, used for automotive platforms of battery electric vehicles. The skateboard chassis includes a base structure or a platform, which houses the batteries, electric motors and other electronic components fundamental to an electric vehicle.
Li Auto Inc. is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou. Founded by Li Xiang in 2015, the company mainly builds electric vehicles that use range extenders for a power supply. Li Auto has vehicle manufacturing, engineering, and design services located in Changzhou, Jiangsu with corporate headquarters and research and development located in Beijing.
Apoorva Mehta is a billionaire Canadian-American businessman and the founder of Instacart and Cloud Health Systems. As of September 2023 he had a net worth of $1.3 billion, owing to his 10% ownership share of Instacart and his stake in Cloud Health Systems.
The Rivian EDV and ECV, also known as the Delivery, are a line of battery-electric cargo vehicles built by Rivian. Initially they were exclusive to its investor Amazon, which uses the EDV for package delivery, but in November 2023, sales were opened to other companies as the ECV / Delivery, with minor cosmetic changes. The EDV and ECV use the RCV platform, which is derived from the R1 platform that underpins the manufacturer's R1T pickup truck and R1S sport-utility vehicles, and is built in three sizes. Specific models include the EDV/ECV-500/Delivery 500, EDV/ECV-700/Delivery 700, and EDV-900.
Brett Adcock is an American technology entrepreneur and the founder and CEO of Figure AI, an AI startup working on a general-purpose humanoid robot. In 2018, Adcock founded Archer Aviation, five years after he started Vettery. In 2023, he established Cover. As of June 2024, Forbes estimates his net worth to be US$1.4 billion.
Elon Musk is one of the wealthiest people in the world, with an estimated net worth of US$248 billion as of September 2024, according to the Bloomberg Billionaires Index, and $251.6 billion according to Forbes, primarily from his ownership stakes in Tesla, Inc. and SpaceX.