Robert Bigelows Wealth

May 2024 · 2 minute read

Robert Bigelow’s net worth is

$1 Billion

Robert Bigelow Wiki Biography

Robert T. Bigelow, born on May 12, 1945, in Las Vegas, Nevada USA, is a successful businessman. He is best known as the owner of Budget Suites of America, an extensive hotel chain. He also founded Bigelow Aerospace, a space technology startup company, which began its operations in 1999. His career kicked off in the late ’60s.

Robert’s net worth is estimated to be $1 billion as of mid-2017, earned through his prosperous career as a businessman.

Robert Bigelow’s Net Worth – $1 Billion

From a young age, Robert was captivated by science, particularly influenced by witnessing numerous atomic tests conducted around 70 miles from his hometown. His passion for space travel ignited at the early age of 12. Before he could afford to establish his own aerospace company, he pursued a profitable career in the real estate business.

After enrolling at the University of Nevada, Reno in 1962, Robert graduated from Arizona State University five years later, majoring in banking and real estate.

He ventured into real estate in the ’60s, primarily developing commercial hotels, apartments, and motels. His empire gradually expanded, and in 1987, he initiated the Budget Suites of America hotel chain. To date, he has opened hotels in Las Vegas, Nevada, Phoenix, Arizona, Dallas, Texas, and San Antonio, Texas, substantially boosting his net worth. Reports indicate that Robert has developed 15,000 real estate units and bought and sold 8000 more.

In 1999, he fulfilled his dream of owning an aerospace company by founding Bigelow Aerospace. Through this venture, he devised a plan to construct the first commercial space station, worth $500 million, a considerably lower cost than NASA’s funding. Progress is seemingly on track, and the Bigelow Next-Generation Commercial Space Station is scheduled for use after 2020.

His company has recently launched two experimental space modules, Genesis I and Genesis II, and in April 2016, the BEAM module was sent to the International Space Station as part of the eighth SpaceX cargo resupply mission.

Robert’s net worth has significantly surged over the years due to the success of his aerospace company.

Robert is married to Diane, and the couple has two children. Further details about his personal life and marriage remain undisclosed in the media.

Net Worth$1 Billion
Date Of BirthMay 12, 1945
Place Of BirthLas Vegas, Nevada USA
ProfessionBusinessman
EducationUniversity of Arizona, Arizona State University
NationalityAmerican
SpouseDiane Bigelow

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