RJ Scaringe

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RJ Scaringe
Rivian founder and CEO Robert "RJ" Scaringe at the debut of the Rivian R1S SUV at the 2018 Los Angeles Auto Show, November 27, 2018 (cropped).jpg
Scaringe in 2018
Born (1983-01-19) January 19, 1983 (age 42)
Rockledge, Florida, U.S.
Education Rensselaer Polytechnic Institute (BS)
Massachusetts Institute of Technology (MS, PhD) [1] [2]
OccupationEngineer
TitleCEO of Rivian Automotive, Inc.
Spouse
Meagan McGone
​
​
(m. 2014;div. 2025)​
Children3

Robert Joseph Scaringe (born January 19, 1983) is an American engineer and businessman who is the founder and chief executive officer (CEO) of electric vehicle manufacturer Rivian. [3]

Contents

Early life

Robert Joseph Scaringe was born on January 19, 1983. [4] His father, also named Robert Scaringe, is an engineer and founder of Mainstream Engineering Corporation. [5] 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. [6]

Scaringe grew up in Melbourne, Florida. [7] He attended Melbourne Central Catholic High School. [8] 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. [9] [10]

Career

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. [11] [12]

In November 2021, Rivian went public, listing its shares on the Nasdaq. [13]

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. [14] In total, Scaringe owns about 1.4% of Rivian. [15]

Personal life

Scaringe married Meagan McGone in Michigan in August 2014. The couple has three children together. [16] Scaringe stated in 2019 that due to his responsibilities as a start-up founder, he spends approximately 5% of his time with his wife and children. [17] Scaringe and McGone divorced in 2025. [18]

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] [19]

References

  1. ↑ Gallagher, Mary Beth,"Alumni Profile: RJ Scaringe SM ’07, PhD ‘09", MIT Department of Mechanical Engineering News, November 24, 2019.
  2. ↑ "Transportation Transformation", RPI Alumni magazine, Fall 2019
  3. ↑ Joyner, April. "Rivian's founder, R.J. Scaringe, is a billionaire, in spite of his company having sold almost no vehicles in its twelve years of existence, but his stake in the $91 billion company is surprisingly small. Amazon owns much more". Business Insider. Retrieved November 11, 2021.
  4. ↑ Arlidge, John (April 20, 2024). "RJ Scaringe: The electric vehicle boss taking the fight to Elon Musk" . The Sunday Times. ISSN   0956-1382 . Retrieved June 19, 2024.
  5. ↑ "Conflict of interest? Rep. Debbie Mayfield's husband appointed to board of trustees months before wedding". TCPalm . February 19, 2016. Retrieved December 2, 2021.
  6. ↑ Gallo, Carmine (November 10, 2021). "Rivian Founder RJ Scaringe Uses Storytelling To Power His IPO Presentation". Forbes. Retrieved December 7, 2021.
  7. ↑ Schwartz, Nelson (July 2, 2019). "Meet the Man Quietly Building the Tesla of Trucks, With Jeff Bezos Aboard". The New York Times. Retrieved December 2, 2021.
  8. ↑ McCarthy, John (November 10, 2021). "Rivian Autmotive, founded by a Brevard native, goes public. It's now worth $100 billion". Florida Today.
  9. ↑ Tannert, Chuck (February 8, 2019). "Meet R.J. Scaringe, Founder Of Rivian Automotive—And Tesla's Worst Nightmare". Forbes Wheels. Retrieved December 2, 2021.
  10. ↑ "Dr. R.J. Scaringe". Obama White House. February 7, 2012. Retrieved December 3, 2021.
  11. ↑ Denham, Ryan (January 9, 2018). "Searching for Clues Into Rivian's Electric Vehicle Future". WGLT. Retrieved August 15, 2021.
  12. ↑ Katje, Chris (November 11, 2021). "5 Things You Might Not Know About Rivian Founder RJ Scaringe". Benzinga. Retrieved December 3, 2021.
  13. ↑ Matthew, Johnston (November 15, 2021). "Rivian IPO: What Happened and Why it Matters". Investopedia. Dotdash. Retrieved December 3, 2021.
  14. ↑ Levy, Ari (November 11, 2021). "Rivian founder R.J. Scaringe is worth $2.2 billion after his company's two-day IPO pop". CNBC. Retrieved December 3, 2021.
  15. 1 2 "RJ Scaringe". Forbes. Retrieved December 21, 2021.
  16. ↑ Shah, Ambrish (November 10, 2021). "RJ Scaringe's Rivian Automotive Is Set To Go Public—What's Scaringe's Net Worth?". Market Realist. Retrieved December 3, 2021.
  17. ↑ Matousek, Mark. "Meet Rivian CEO RJ Scaringe, who's been called the next Jeff Bezos as he electrifies Amazon's delivery vans". Business Insider. Retrieved July 26, 2025.
  18. ↑ Katje, Chris (July 16, 2025). "Rivian CEO Joins Bezos & Gates Divorce Club—Voting Power Slashed Before R2 Debut". Yahoo! Finance. Retrieved July 25, 2025.{{cite web}}: CS1 maint: url-status (link)
  19. ↑ "Rivian Founder RJ Scaringe No Longer A Billionaire After Stock Dip". Forbes. March 3, 2022. Retrieved June 25, 2024.
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