Rank #1862
Adam Forste
Net worth $2.3B
Diversified · United States
- Born
- Jan 01, 1978
- Age
- 48
- Source
- Diversified
- Residence
- Wilson, Wyoming
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Arts/Science, Dartmouth College
Net worth over time
Biography
- Forste cofounded Lineage, which operates more than 480 cold warehouses in 18 countries.
- Lineage raised nearly $5 billion in the biggest IPO of 2024.
- Forste splits an estimated 38% stake in Lineage with his cofounder and co-executive chairman, Kevin Marchetti.
- Forste worked in private equity at KKR before launching Lineage in 2008.
- Forste and Marchetti both began their careers in the investment banking group of Morgan Stanley.
- Dartmouth grad Forste was a fellow in the Fulbright Program.
- Forste now lives near Wilson, Wyoming, where he helped save local institution Hungry Jack's General Store from going out of business in 2023.
Financial assets
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