Toby Neugebauer & family
$2.0B
Born
Dec 01, 1971
Age
54
Source of Wealth
Energy, data centers
Residence
Dallas, Texas
Citizenship
United States
Marital Status
Married
Children
2
Education
Bachelor of Business Administration, New York University
- Toby Neugebauer is the CEO and cofounder of Fermi America, an Amarillo, Texas-based data center real estate investment trust.
- Neugebauer launched the firm in January 2025 with former energy secretary and Texas governor Rick Perry and Perry's son Griffin.
- The cofounders took Fermi public just nine months later on the Nasdaq at a $12.5 billion valuation; Neugebauer and his family own a 29% stake.
- Fermi is planning to build an 11-gigawatt energy and data center campus on a 5,236-acre site in Amarillo, Texas.
- Prior to cofounding Fermi, Neugebauer was the CEO and executive chairman of GloriFi, a short-lived "anti-woke" fintech startup that filed for bankruptcy in February 2023.
- Neugebauer is the son of former Republican congressman Randy Neugebauer, who represented Texas' 19th district from 2003 to 2017.
- Neugebauer is a part-owner of Major League Soccer's Austin FC.
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