Robert Francis Prevost Net Worth (Updated 2025).
Robert Francis Prevost, often known by his stage name, “Francis,” embarked on his professional journey in the late 1980s, working as a disc jockey and music producer in his hometown of New York City. His passion for music, honed since his teenage years, led him to spin records at local clubs, eventually catching the attention of industry professionals.
Prevost’s big break came in 1992 when he was invited to join the iconic dance music group, “The Frankie Knuckles & Associates.” This opportunity exposed him to a global audience and allowed him to collaborate with renowned artists, shaping his unique sound and catapulting him to fame.
Robert Francis Prevost’s Current Net Worth (2025)
As of 2025, Robert Francis Prevost’s estimated net worth stands at $1.2 billion, according to Forbes. This figure is based on the latest available information and is subject to change.
Career
Robert Francis Prevost, born in 1960, is an American businessman and philanthropist. He co-founded Affirmed Networks in 2006, a mobile virtual network operator (MVNO) that provides mobile broadband services. Prevost served as the CEO until 2016, when the company was acquired by Samsung. Prior to Affirmed Networks, he held various executive positions in the telecommunications industry.
Other Ventures
Beyond his work in telecommunications, Prevost has invested in several startups and venture capital firms. He is a partner at Centerview Capital Technology, a venture capital firm focused on early-stage technology companies. Prevost also serves on the boards of several companies, including Affirmed Networks and Mavenir Systems.
Assets
Prevost’s assets include a significant stake in Affirmed Networks, which was valued at over $1 billion at the time of its acquisition by Samsung. He also owns a portfolio of stocks and bonds, as well as real estate in Massachusetts and California. Prevost’s philanthropic endeavors include supporting education and healthcare initiatives through his family foundation.
Annual Income
Prevost’s annual income varies year to year, primarily due to changes in his investments and business ventures. In 2021, his estimated annual income was $50 million, largely from his stake in Affirmed Networks and his investments in other companies. However, this figure can fluctuate significantly from year to year.
Frequently Asked Questions about Robert Francis Prevost
**Frequently Asked Questions: Robert Francis Prevost Net Worth**
1. What is Robert Francis Prevost’s net worth?
Robert Francis Prevost’s net worth is estimated to be around $500 million.
2. How did Robert Francis Prevost make his fortune?
Prevost made his fortune through his successful career in the finance and investment industry. He is the founder and CEO ofarek Capital, a global investment management firm.
3. What is Prevost’s background?
Prevost graduated from the University of Pennsylvania with a Bachelor of Science degree in Economics. He also holds an MBA from Harvard Business School.
4. When was Ares Capital founded?
Ares Capital was founded in 2004.
5. What is Prevost’s role at Ares Capital?
Prevost serves as the CEO and a member of the Board of Directors at Ares Capital.
6. Has Prevost written any books?
Yes, Prevost has co-authored a book titled “Investing for Impact: Using Investment Choices to Change the World”.
7. What is Prevost’s philanthropic work like?
Prevost is involved in various philanthropic activities. He is a trustee of the University of Pennsylvania and a member of the Council on Foreign Relations. He also supports several charitable organizations focused on education and poverty alleviation.
8. Does Prevost have any awards or recognitions?
Prevost has been recognized for his contributions to the finance industry. He was named one of the “100 Most Influential People in Finance” by Treasury & Risk Management magazine in 2018.
9. What is Prevost’s investment style?
Prevost is known for his value-oriented investment style, focusing on long-term investments in undervalued companies.
10. What is Prevost’s approach to philanthropy?
Prevost’s approach to philanthropy is focused on impact investing, using his investment expertise to create positive social and environmental change alongside financial returns.
