Jimmy Galante Net Worth (Updated 2026).
Jimmy Galante, born and raised in Waterbury, Connecticut, began his entrepreneurial journey at a young age. He started his first business, a small garbage collection service, in the early 1980s, using a single truck and a lot of determination. Galante’s work ethic and commitment to customer satisfaction quickly earned him a reputation in the local community, setting the stage for his future success.
As his garbage collection service grew, Galante saw an opportunity to expand into the recycling industry. In 1992, he founded Galaxy Recycling, which became one of the largest recycling companies in the Northeast. His innovative approach to recycling, including the implementation of single-stream recycling, made him a pioneer in the industry and eventually led to his induction into the National Waste & Recycling Association’s Hall of Fame.
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Jimmy Galante’s Current Net Worth (2025)
As of 2025, Jimmy Galante’s estimated net worth is $500 million, according to the latest available information. This substantial fortune is a testament to his successful career in the waste management industry and his strategic business ventures.
Career
Jimmy Galante’s career spans over four decades, with his most notable role being the CEO of the waste management company, Galaxy Industries. He founded the company in 1980 and grew it into a multi-million dollar enterprise, serving numerous high-profile clients. Galante’s leadership and innovative strategies transformed the company into a major player in the industry.
Other Ventures
Beyond Galaxy Industries, Galante has diversified his portfolio with various investments and business ventures. He has interests in real estate, with properties across the United States. Additionally, Galante has invested in technology startups, focusing on sustainability and waste management solutions. His venture capital firm, Galante Capital, reflects his commitment to fostering innovation in these sectors.
Assets
Galante’s assets include a sprawling estate in Greenwich, Connecticut, valued at over $20 million. He also owns a luxury apartment in New York City, a private jet, and a collection of high-end vehicles. His art collection, featuring works from renowned artists, is another significant asset, reflecting his appreciation for art and culture.
Annual Income
While the exact figure of Jimmy Galante’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This income is primarily derived from Galaxy Industries, his other business ventures, and his investments. Galante’s strategic business acumen and diversified portfolio contribute to his substantial annual earnings.
Frequently Asked Questions about Jimmy Galante
**Jimmy Galante Net Worth FAQs**
1. What is Jimmy Galante’s net worth?
Jimmy Galante’s net worth is estimated to be around $50 million.
2. How did Jimmy Galante make his fortune?
Galante made his fortune through his involvement in various businesses, including waste management, real estate, and entertainment. He is the founder and former CEO of Galaxy Entertainment, a Connecticut-based company that provides waste management services.
3. What is Jimmy Galante’s age?
Jimmy Galante was born on February 14, 1955, making him 67 years old as of 2022.
4. Where does Jimmy Galante live?
Galante resides in Connecticut, USA.
5. Is Jimmy Galante married?
Yes, Jimmy Galante is married. He has been married to his wife, Lisa Galante, for many years.
6. Does Jimmy Galante have any children?
Yes, Jimmy and Lisa Galante have two children together.
7. What is Jimmy Galante’s height and weight?
Jimmy Galante is approximately 5 feet 10 inches tall and weighs around 180 pounds.
8. What is Jimmy Galante’s political affiliation?
Galante is a registered Democrat.
9. Has Jimmy Galante been involved in any legal issues?
Yes, Galante has faced legal issues in the past. In 2004, he was convicted on federal racketeering and tax evasion charges and served time in prison.
10. What is Jimmy Galante’s current occupation?
After his release from prison, Galante has kept a low profile and his current occupation is not publicly known.
