Robert Nardelli Net Worth (Updated 2025).
Robert Nardelli began his career in 1971 as a management trainee at General Electric, marking the start of a journey that would see him rise through the ranks of corporate America. Born in 1950, Nardelli’s early years were shaped by his father’s influence, a man who instilled in him a strong work ethic and a passion for business. This foundation set the stage for Nardelli’s impressive ascent in the world of industry, a trajectory that would eventually make him a household name in the realm of business and leadership.
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Robert Nardelli’s Current Net Worth
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As of 2025, Robert Nardelli’s current net worth is estimated to be around $100 million. This figure reflects his successful career in the corporate world, particularly his time as the CEO of Home Depot and Chrysler LLC.
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Career
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Robert Nardelli’s career spans over four decades, primarily in the retail and automotive industries. He started at General Electric in 1971 and rose through the ranks to become a senior executive. In 2002, he was appointed CEO of Home Depot, where he served until 2007. He then took on the role of CEO at Chrysler LLC from 2007 to 2009. Since then, he has held various advisory and board roles in several companies.
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Other Ventures
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In addition to his corporate roles, Nardelli has been involved in several other ventures. He co-founded XLR8, a private equity firm focused on industrial and energy services, in 2012. He also serves as a senior advisor to the private equity firm Cerberus Capital Management.
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Assets
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Nardelli’s assets include a substantial real estate portfolio. He owns a 15,000 square foot mansion in Atlanta, Georgia, valued at around $7 million. He also owns properties in other states and has investments in various companies. His compensation packages from his corporate roles have also contributed significantly to his net worth.
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Annual Income
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Nardelli’s annual income has varied throughout his career. During his tenure at Home Depot, his total compensation reached over $200 million. After leaving Home Depot, his annual income has primarily come from his roles as an advisor and board member in various companies, totaling millions of dollars each year. However, the exact figures are not publicly disclosed.
Frequently Asked Questions about Robert Nardelli
**Frequently Asked Questions: Robert Nardelli Net Worth**
1. What is Robert Nardelli’s net worth?
Robert Nardelli’s net worth is estimated to be around $100 million.
2. How did Robert Nardelli make his fortune?
Nardelli made his fortune primarily through his career in business, notably serving as the CEO of Home Depot and Chrysler.
3. What is Robert Nardelli’s salary at Home Depot?
During his tenure at Home Depot, Nardelli’s annual salary was around $2 million. However, his total compensation, including stock awards and other incentives, often exceeded $100 million.
4. What is Robert Nardelli’s salary at Chrysler?
Nardelli’s base salary at Chrysler was $1 million per year. His total compensation, including bonuses and stock awards, could reach up to $20 million.
5. What are some of Robert Nardelli’s business ventures outside of Home Depot and Chrysler?
Nardelli has been involved in various business ventures outside of Home Depot and Chrysler. He co-founded a private equity firm called Cerberus Capital Management and has served on the boards of several companies, including General Electric and Ford Motor Company.
6. What is Robert Nardelli’s education background?
Nardelli holds a Bachelor of Science degree in Accounting from the University of Connecticut and a Master of Business Administration degree from the University of Louisville.
7. How old is Robert Nardelli?
Robert Nardelli was born on October 15, 1950.
8. Where was Robert Nardelli born?
Nardelli was born in Providence, Rhode Island.
9. What are some of Robert Nardelli’s philanthropic efforts?
Nardelli and his wife, Nancy, have been involved in various philanthropic efforts. They have established the Nardelli Family Foundation, which supports educational and community initiatives. Nardelli has also served on the board of the Boys & Girls Clubs of America.
10. What is Robert Nardelli’s political affiliation?
Nardelli is a registered Democrat.
