Robert Agostinelli’s profile picture

Robert Agostinelli

Founder and Managing Director, Rhone GroupFounder and Managing Director, Rhone Group
Robert Agostinelli’s profile picture
Net worth 2018: $1 Billion
Industry: Finance
Country: United States
BirthDay: 21 May 1953
Sigh: Gemini
Children: 4
Education: Bachelor of Arts / Science, St John Fisher College; Master of Business Administration, Columbia University
BIOGRAPHY

Robert Agostinelli was bornon 21 May 1953 in United States, is Founder and Managing Director, Rhone GroupFounder and Managing Director, Rhone Group. Rochester, N.Y. native Robert Agostinelli earned his MBA at Columbia University before a stint at Rothschild. Joining Goldman Sachs in 1982, he contributed to the founding of the bank's international M&A business before departing the firm as a senior partner for Lazard in 1987. Together with partner Steven Langman, Agostinelli struck out on his own in 1995 with the founding of New York-based private equity shop Rhone Group. The outfit, of which Agostinelli owns approximately 50%, now manages approximately $8.5 billion. Agostinelli is a supporter of numerous right-wing causes and a founding member of the Friends of Israel Initiative and the Council on Foreign Relations. He counts Nicolas Sarkozy, George Bush and José María Aznar as close friends. While based in New York, he maintains homes in London and Paris and is a collector of wine and art.

NET WORTH STATISTIC
2012

$1 Billion

2018

$1 Billion

TIMELINE
2017

In 2017 The Sunday Times reported that Agostinelli recently spent £25 million on a home in South Kensington, London

2015

According to the Sunday Times Rich List 2015, Agostinelli is 'building a home in Henley-on-Thames'

2014

In 2014 Agostinelli reportedly purchased the first landmarked estate in Palm Beach known as "La Loma" built by Gustav Maass and John Volk, which was on the market for $14

2012

Agostinelli was ranked #124 amongst the richest people in the United Kingdom by the Sunday Times Rich List in 2012 through to 2017 with a net worth of £678 million

2011

A delegation of the Friends of Israel Initiative, which included Agostinelli, met with President Shimon Peres at Beit HaNassi in Jerusalem in July 2011

2008

Naval War College, where he discussed the potential implications that policy decisions made in response to the 2008 financial crisis could have on U

2007

In 2007 President Sarkozy admitted to Le Monde that Agostinelli, his wife and another family had paid the $60,000 per week fee on a luxury villa for him and his family during his 2006 holiday to the United States

1997

Agostinelli was listed in 1997 as a member of the Bilderberg Group

1995

In 1995 Agostinelli and Steven Langman started their own firm, the Rhône Group

1981

Agostinelli began his career in financial services at the investment bank Jacob Rothschild in Switzerland from 1981 to 1982 and then joined Goldman Sachs and became a senior partner where he worked for five years and founded the firm's international mergers and acquisitions business in London and then while at Lazard Freres he was involved in a number of the largest transactions in European takeover history

1976

John Fisher College in 1976 and then attended Columbia University where he received his MBA, graduated with highest honours in 1981 and sits on the Alumni Board, He returns regularly to give speeches

1953

Robert Frank Agostinelli (born May 21, 1953) is an Italian American self made billionaire financier who is the chairman and co-founder of private equity firm Rhône Group

1941

0 billion, ranking him as the 416th richest American

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