Portrait of Adam Forste

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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