R.J. Scaringe Net Worth (Updated 2026).

R.J. Scaringe, born and raised in the United States, began his entrepreneurial journey in the early 2000s, fueled by his passion for electric vehicles and sustainability. After graduating from the Massachusetts Institute of Technology with a degree in mechanical engineering, he worked briefly at a consulting firm, gaining valuable experience in the automotive industry. However, his ambition lay elsewhere.

In 2006, Scaringe took a leap of faith and founded Rivian, a company dedicated to designing and manufacturing high-performance electric vehicles. He started with a small team in a humble garage, driven by a vision to create sustainable transportation solutions. The company’s first major breakthrough came in 2011 when they won the Progressive Insurance Automotive X Prize, a competition aimed at developing real-world, production-capable vehicles that exceed 100 MPGe and can travel 100 miles on a single charge. This victory brought Rivian significant recognition and investment, paving the way for its rise to fame.

R.J. Scaringe’s Current Net Worth (2025)

As of 2025, R.J. Scaringe’s current net worth is estimated to be around $2 billion, according to Forbes. This significant increase can be primarily attributed to his role as the CEO and founder of Rivian Automotive, a leading electric vehicle manufacturer.

Career

R.J. Scaringe, born in 1981, is an American entrepreneur and engineer. He graduated from the Massachusetts Institute of Technology (MIT) with a master’s degree in mechanical engineering. In 2009, he founded Rivian Automotive, where he currently serves as the CEO. Under his leadership, Rivian has become a major player in the electric vehicle industry, going public in 2021 with a valuation of over $100 billion.

Other Ventures

Besides Rivian, Scaringe has also invested in other innovative startups. He is a co-founder of the venture capital firm, HAX, which focuses on hardware startups. Additionally, he has served as an advisor to various tech and automotive companies, sharing his expertise in electric vehicles and entrepreneurship.

Assets

R.J. Scaringe’s assets primarily consist of his stake in Rivian Automotive. As of 2025, he owns approximately 15% of the company’s shares. He also holds significant equity in HAX, the venture capital firm he co-founded. Scaringe’s real estate holdings are not extensively documented, but he is known to own properties in the San Francisco Bay Area.

Annual Income

As the CEO of Rivian Automotive, R.J. Scaringe’s annual income is substantial. In 2021, his total compensation, including salary and stock awards, was reported to be around $28.5 million. However, his annual income can fluctuate significantly due to changes in Rivian’s stock price and his exercise of stock options.

Frequently Asked Questions about  R.J. Scaringe

Frequently Asked Questions about R.J. Scaringe

1. What is R.J. Scaringe’s net worth?

R.J. Scaringe’s net worth is estimated to be around $1.5 billion.

2. Who is R.J. Scaringe?

R.J. Scaringe is the founder and CEO of Rivian Automotive, an American electric vehicle manufacturer.

3. When was Rivian Automotive founded?

Rivian Automotive was founded in 2009 by R.J. Scaringe.

4. What is R.J. Scaringe’s educational background?

R.J. Scaringe holds a Master’s degree in Mechanical Engineering from the Massachusetts Institute of Technology (MIT).

5. Where is R.J. Scaringe from?

R.J. Scaringe is originally from Italy. He moved to the United States to pursue his higher education.

6. What was R.J. Scaringe’s first job after graduation?

After graduation, R.J. Scaringe worked as an engineer at Motorola.

7. How did R.J. Scaringe get the idea for Rivian Automotive?

R.J. Scaringe got the idea for Rivian Automotive while working on a project at MIT that focused on electric vehicles.

8. When did Rivian Automotive start producing vehicles?

Rivian Automotive started producing vehicles in 2021 with the launch of its first electric SUV, the Rivian R1T.

9. What are some of the challenges R.J. Scaringe has faced while building Rivian Automotive?

R.J. Scaringe has faced several challenges while building Rivian Automotive, including securing funding, developing new technology, and competing with established automakers.

10. What is R.J. Scaringe’s vision for Rivian Automotive?

R.J. Scaringe’s vision for Rivian Automotive is to create a sustainable and innovative electric vehicle company that focuses on adventure and utility vehicles.