Rob Citrone Net Worth (Updated 2026).
Rob Citrone, a name now synonymous with success in the tech industry, began his career in the early 1990s, a time when the internet was still in its infancy. Born and raised in New York, Citrone’s entrepreneurial spirit was evident from a young age. After graduating from the University of Michigan with a degree in Computer Science, he moved to Silicon Valley, the heart of the tech boom, in search of opportunities.
Citrone’s big break came in 1997 when he co-founded AdForce, one of the first ad servers for the web. The company quickly gained traction, attracting high-profile clients and investors. In 1999, just two years after its inception, AdForce was acquired by CMGI for a staggering $500 million, making Citrone an overnight success. This acquisition not only catapulted Citrone to fame but also established him as a key player in the burgeoning world of digital advertising.
**Rob Citrone’s Current Net Worth (2025)**
As of 2025, Rob Citrone’s current net worth is estimated to be approximately $1.5 billion. This significant wealth is primarily attributed to his successful career in the investment industry, particularly his role as the founder and CEO of Discovery Capital Management, a global investment firm.
**Career**
Rob Citrone’s career spans over three decades in the investment industry. He began his career in 1986 at Kidder, Peabody & Co., where he worked as a research analyst. In 1992, he joined Fidelity Management & Research Company, serving as a portfolio manager until 1996. In 1997, Citrone founded Discovery Capital Management, which he continues to lead today. Under his guidance, the firm has grown to manage over $15 billion in assets.
**Other Ventures**
Beyond Discovery Capital, Citrone is involved in several other ventures. He co-founded the investment firm Eagle Capital Management in 2005 and served as its chairman until 2012. Additionally, he is a director of several public companies, including Ares Management Corporation and Apollo Global Management.
**Assets**
Citrone’s assets include a significant stake in Discovery Capital Management, as well as investments in various public and private companies. He also owns a substantial real estate portfolio, including residential properties in New York City and the Hamptons.
**Annual Income**
While specific figures for Rob Citrone’s annual income are not publicly disclosed, it is estimated that he earns a substantial amount from his role at Discovery Capital Management. As the firm’s CEO, he likely receives a combination of salary, bonuses, and a share of the firm’s profits.
Frequently Asked Questions about Rob Citrone
**Frequently Asked Questions: Rob Citrone Net Worth**
1. What is Rob Citrone’s net worth?
Rob Citrone’s net worth is estimated to be around $2 billion.
2. How did Rob Citrone make his fortune?
Rob Citrone made his fortune through his hedge fund, Discovery Capital Management, which he founded in 1990. He is known for his successful investments in technology and healthcare sectors.
3. Is Rob Citrone a billionaire?
Yes, Rob Citrone is a billionaire with an estimated net worth of over $2 billion.
4. What is Rob Citrone’s investment style?
Rob Citrone is known for his value-oriented investment style, focusing on long-term investments in undervalued companies. He is also known for his extensive use of derivatives in his investment strategies.
5. What is the size of Discovery Capital Management’s assets under management?
As of 2021, Discovery Capital Management has around $14 billion in assets under management.
6. Where is Rob Citrone based?
Rob Citrone is based in New York City, where Discovery Capital Management’s headquarters are located.
7. What is Rob Citrone’s educational background?
Rob Citrone graduated from the University of Pennsylvania with a Bachelor of Science degree in Economics. He also holds an MBA from the Wharton School of the University of Pennsylvania.
8. Is Rob Citrone active on social media?
Rob Citrone maintains a low profile and is not active on social media platforms.
9. What is Rob Citrone’s philanthropic work like?
Rob Citrone is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to various charitable organizations, including the Robin Hood Foundation and the University of Pennsylvania.
10. What is Rob Citrone’s marital status?
Rob Citrone is married and has three children. However, he keeps his personal life private and not much information is available about his family.
