Robert Agostinelli Explained

Robert F. Agostinelli
Birth Date:21 May 1953
Birth Place:Rochester, New York, U.S.
Alma Mater:St. John Fisher College (BA)
Columbia University (MBA)
Occupation:Financier
Known For:
Spouse:Francesca Lana

Robert Frank Agostinelli (born May 21, 1953) is an Italian American billionaire[1] financier who is the chairman and co-founder of private equity firm Rhône Group. Forbes estimates Agostinelli's net worth to be $1.0 billion,[2] ranking him as the 416th richest American. Agostinelli was ranked #124 amongst the richest people in the United Kingdom by the Sunday Times Rich List in 2012[3] [4] through to 2018 with a net worth of £689 million.[5] [6] [7] [8] In 2018 Financial News ranked Agostinelli as the 18th richest financier in the United Kingdom.[9]

Early life

Agostinelli was born to Italian immigrant parents outside of Rochester, New York, and attended the Aquinas Institute. He obtained his BA from St. John Fisher College in 1976 and then his MBA at Columbia Business School at Columbia University. Agostinelli is a certified public accountant.[10]

Career

Agostinelli began his career in financial services at the investment bank Jacob Rothschild in Switzerland from 1981 to 1982 and subsequently joined Goldman Sachs becoming a senior partner where he worked for five years and founded the firm's international mergers and acquisitions business in London and then moved to Lazard Freres as Senior Managing Director in charge of international banking affairs where he was involved in a number of the largest transactions in European takeover history.[11]

In 1995 Agostinelli and Steven Langman started their own firm, the Rhône Group where he has been actively involved in all aspects of the group's strategy and development since its creation, while maintaining and extending the firm's broad base of relationships with private families, key corporate decision makers, institutional investors and senior sovereign government officials. He is actively engaged in the sourcing and monitoring of investments across all industries and leads the firm's investor relations activities. He sits on the supervisory board of Eurazeo.[12] [13]

Politics and philanthropy

Agostinelli is a director and advisor for several European and American philanthropic and civic institutions. He is a member of the Council on Foreign Relations, and a leading supporter of neoconservative causes.[14] He is a founding member of the Friends of Israel Initiative.[15] He is former vice-chairman of the Council for the United States and Italy (CONSIUSA), a member of the Investment Committee of Corporate World Opportunities of BSI Group. In 2008 Agostinelli, provided substantial funding to the presidential campaigns of John McCain and Rudy Giuliani.[16]

Agostinelli is a friend of former French President Nicolas Sarkozy[17] and former Spanish Prime Minister José María Aznar.

He is a senior member of the Marine Corps Scholarship Foundation led by the American Patriots Campaign Cabinet,[18] and a senior board director on the American Italian Cancer Foundation.[19] Agostinelli is on the board of trustees of the National Review Institute[20] and the American Veterans Center[21] Agostinelli is known for writing articles in the Wall Street Journal and The Washington Times[22] on various political, economic and social issues. Agostinelli was listed in 1997 as a member of the Bilderberg Group.[23] [24] He has been quoted "pursue happiness and the American dream and not “fall prey to the tyranny of false deities” such as critical race theory, the “Marxist Black Lives Matter organization,” feminism and “gender confusion.” [25]

Friends of Israel Initiative

A delegation of the Friends of Israel Initiative, which included Agostinelli, met with President Shimon Peres at Beit HaNassi in Jerusalem in July 2011. The delegation included former Spanish Prime Minister José Aznar, former US Ambassador to the United Nations John R. Bolton, and Nobel Peace Prize laureate Lord David Trimble. The president held a working meeting with the group[26] and presented an overview of the situation in Israel and the region at large.[27] Agostinelli stated: "Israel is a fundamentally important part of the Western world. It is a democracy under fire, and we must be resolute in defence of its legitimacy."[28]

Personal life

Agostinelli is based between New York City and Palm Beach, and he maintains additional homes in London and Paris, all of which have interiors designed by Jacques Grange.[29] In 2014 Agostinelli reportedly purchased the first landmarked estate in Palm Beach known as "La Loma" built by Gustav Maass and John Volk, which was on the market for $14.5 million through Sotheby's International Realty and sold for $12 million. According to the Sunday Times Rich List 2015, Agostinelli is 'building a home in Henley-on-Thames.[30] [31] [32] In 2017 The Sunday Times reported that Agostinelli spent £25 million on a home in South Kensington, London. He counts Nicolas Sarkozy, George W. Bush,[33] [34] Jeb Bush and José María Aznar[35] as close friends.[5] He is the father of the Swiss-based artist Massimo Agostinelli.[36] He is married to Francesca Lana.[37] [38]

Associated publications

Notes and References

  1. Web site: Gallery : #1153 Billionaires Robert Agostinelli . https://web.archive.org/web/20121128114608/http://www.forbes.com/billionaires/gallery/robert-agostinelli . dead . November 28, 2012 . Forbes.com . 2015 . 2015-04-10.
  2. Web site: Robert Agostinelli . Forbes . 2015 . 2015-04-10.
  3. Web site: Rich List : Agostinelli . https://web.archive.org/web/20170802054430/http://features.thesundaytimes.co.uk/richlist/2012/live/richlist/view/group6/1/rank/-/agostinelli#list . dead . August 2, 2017 . . 2012 . 10 April 2015 . subscription .
  4. Web site: Sunday Times Rich List 2011: The financiers . Efinancialnews.com . 2011-05-09 . 2015-04-10.
  5. https://web.archive.org/web/20170802044635/http://features.thesundaytimes.co.uk/richlist/2017/live/richlist/view/group6/1/rank/-/agostinelli#profile-0 Article title
  6. Web site: View image: Robert F Agostinelli's networth 2013 & 2014 . Postimg.org . 2015-04-10.
  7. Web site: View image: Robert F Agostinelli £670 million . Postimg.org . 2015-04-10.
  8. Web site: Robert Agostinelli, the US billionaire behind the latest Treasury tilt . Australian Financial Review . 2014-08-05 . 2015-04-10.
  9. Web site: The UK's richest financiers.
  10. Web site: Magnesita . Mzweb.com.br . 2011-04-20 . dead . https://web.archive.org/web/20110706153655/http://www.mzweb.com.br/magnesita/web/conteudo_en.asp?idioma=1&conta=44&tipo=19344 . 2011-07-06 .
  11. Web site: Robert F. Agostinelli CPA: Executive Profile & Biography . Businessweek . 2010-04-27 . 2015-04-10.
  12. Web site: Eurazeo.
  13. Web site: Institute of Foreign Affairs and Trade.
  14. Web site: Membership Roster . . 2009-12-05 . 2011-04-20.
  15. Web site: Friends of Israel Initiative: The neoconservatives' eastern front « P U L S E . Pulsemedia.org . 2010-07-20. 2011-04-20.
  16. News: Robert Agostinelli Campaign Contributions and Donations . Huffington Post . 2010-09-22 . 2011-04-20.
  17. News: Murdoch Private Eye Targeted US Hedge Fund Boss. Huffington Post. 26 February 2013. Jack. Mirkinson. 2012-05-25.
  18. Web site: Marine Corps Scholarship Foundation . Mcsf.org . 2011-04-20 . dead . https://web.archive.org/web/20110723163406/http://www.mcsf.org/page.aspx?pid=387 . 2011-07-23 .
  19. Web site: Boards and Staff . American Italian Cancer Foundation . 2011-04-20 . dead . https://web.archive.org/web/20110903222424/http://www.americanitaliancancer.org/aicf/about_us/Boards_and_Staff/ . 2011-09-03 .
  20. Web site: Board of Trustees. National Review Institute. live. https://web.archive.org/web/20200812071930/https://nrinstitute.org/about-nri/board/. 12 August 2020. 20 November 2020.
  21. Web site: Pre-Parade Dinner . American Veterans Center . 2015-04-10.
  22. Web site: Agostinelli . Robert F. . Agostinelli: Astounding debt nightmare . . 2011-08-04 . 2015-04-10.
  23. Web site: 1997 CFR Membership Roster . Bilderberg.org . 2015-04-10.
  24. Web site: Le Couronnement! . Société Générale de Spéculation . 2008-08-20 . 2015-04-10 . dead . https://web.archive.org/web/20150418125428/http://www.je-blogue-donc-je-suis.com/article-23937814.html . 2015-04-18 .
  25. Web site: Aquinas trustees respond to dissident parents, alumni . February 2, 2022 .
  26. Web site: Powerful New Lobby Group Set In Motion . American Free Press . Michael Collins . Piper . August 2, 2010 . September 30, 2013.
  27. Web site: President Peres hosts delegation from 'Friends of Israel Initiative' . mfa.gov.il . 2010-06-14 . 2015-04-10.
  28. Web site: Working Papers . Friends of Israel Initiative . 2015-04-10.
  29. Web site: Pink in Paris . Habitually Chic . 2015-04-10.
  30. News: Christine . Davis . 'Magical' estate: Merrilyn Bardes' Jungle Road house is on the market . . 2014-05-22 . 2015-04-10.
  31. Web site: Darrell . Hofheinz . Landmarked Bardes home fetches $12 million . . 2014-12-18 . 2015-04-10.
  32. Web site: Brian . Bandell . Billionaire buys historic Palm Beach mansion for $12M . South Florida Business Journal . 2014-12-11 . 2015-04-10.
  33. Web site: Postimg . 28 August 2023 . https://web.archive.org/web/20140727073420/http://postimg.com/image/152000/robert-f-agostinelli-at-the-bush-library-in-2014-151760.jpg . July 27, 2014 .
  34. Web site: Hobson . Rebecca . London's top ten richest newcomers . London Loves Business . 2012-03-23 . 2015-04-10.
  35. Web site: Carlos . Hernanz . Agostinelli, el tapado para comprar Deoleo: millonario, italoamericano y amigo de Aznar . Elconfidencial.com . 2014-03-14 . 2015-04-10 . es.
  36. Web site: How a Roguish Artist Set Out to Prank the Art World With an Art Basel Trash Can—and a Little Help From the Nahmads . Artnet News . 5 September 2017.
  37. Web site: ROBERT AGOSTINELLI, DOPO IL 20% DI ILLY PRONTE ALTRE 2/3 OPERAZIONI IN ITALIA .
  38. Web site: Agostinelli, l'amico americano di Unieuro e IllyCaffè .
  39. Book: 978-1596982895 . Bowing to Beijing: How Barack Obama is Hastening America's Decline and Ushering A Century of Chinese Domination: Brett M. Decker, William C. Triplett II: 9781596982895 . Decker . Brett . William c. Triplett . II . November 14, 2011 .
  40. Web site: Brett M. . Decker . Three cheers for colonialism . Washington Times . 2011-10-26 . 2015-04-10.
  41. Book: Cohan, William D. . The Last Tycoons: The Secret History of Lazard Frères & Co. . It's a White Man's World . http://graphics8.nytimes.com/packages/pdf/opinion/Cohan_LastTycoons_Chapt14.pdf . 2008 . Anchor . 978-0767919791 .