Robert Bigelow Net Worth

January 22, 2024
1 min read

Robert T. Bigelow was born on the 12th May 1945 in Las Vegas, Nevada USA, and is a businessman, probably best known to the world as the owner of Budget Suites of America, an extensive hotel chain, while he is also the founder of space technology startup company Bigelow Aerospace, which opened its doors in 1999. His career started in the late ‘60s.

Have you ever wondered how rich Robert Bigelow is, as of mid- 2017? According to authoritative sources, it has been estimated that Bigelow’s net worth is as high as $1 billion, an amount earned through his successful career as a businessman.

Robert Bigelow Net Worth $1 Billion

From an early age, Robert was fascinated by science, especially because young Robert saw numerous atomic tests carried out around 70 miles from his hometown. He went to Highland Elementary School, and when he was 12 years old he already knew that his future lay in space travel. However, before he could afford to start his own company, he would find an equally engaging and profitable career that would later provide him with enough funding to start an aerospace company.

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

He entered the real estate business in the ‘60s, developing mostly commercial hotels, apartments and motels. Little by little his kingdom was expanding, and in 1987 he started the Budget Suites of America hotel chain. Since then, he has opened hotels in Las Vegas, Nevada, Phoenix, Arizona, Dallas, Texas, and San Antonio, Texas, the proceeds from which have increased his net worth to a large degree. According to sources, Robert has developed 15,000 real estate units, while also bought and sold 8000 more.

Finally, in 1999 he fulfilled his dream of owning an Aerospace company, as he founded Bigelow Aerospace. Through his company, Robert has developed a plan to build the first commercial space station, worth $500 million, which is a lot less than NASA’s funding. However, all is apparently going according to plans, and Bigelow Next-Generation Commercial Space Station will be ready for use after 2020.

Most recently, his company two experimental space modules have been launched, Genesis I and Genesis II, and the BEAM module was sent to the International Space Station in April2016, as a part of the eighth SpaceX cargo resupply mission.

Thanks to the success of his aerospace company, Robert’s net worth has significantly increased over the years.

Regarding his personal life, Robert is married to Diane, and the couple has two children. Other details about his private life and marriage are unknown in the media.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications.

At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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