Brandon Fugal is an entrepreneur and venture capitalist who has a net worth of $800 million. He is the co-founder of the software company Carbon Relay and the chairman of the board of directors of the real estate investment firm HGGC. He also has a minority stake in the NBA’s Utah Jazz.
Fugal was born in Utah and raised in a Mormon family. He attended Brigham Young University, where he studied business and finance. He later earned an MBA from Harvard Business School. After graduation, Fugal worked in the private equity industry for several years. In 2006, he co-founded Carbon Relay, a software company that helps businesses reduce their carbon emissions. The company was acquired by Microsoft in 2015 for $150 million.
Fugal is also the chairman of the board of directors of HGGC, a private equity firm that invests in middle-market companies. He has a minority stake in the Utah Jazz, which he purchased in 2016.
In addition to his work in the commercial real estate industry, Fugal is a philanthropist and involved in several charitable causes. He is a board of directors member for the Huntsman Cancer Foundation and the Utah Symphony | Utah Opera.
estate industry, Fugal is a philanthropist and is involved in several charitable causes. He is a board of directors member for the Huntsman Cancer Foundation and the Utah Symphony | Utah Opera. Fugal’s business ventures extend beyond real estate, as he has also co-founded several businesses, including a real estate investment firm and a software company. He frequently participates in speaking engagements and offers consulting services, adding to his income streams.
Brandon Fugal is married to Lacey Anne Fugal. They have four children and reside in Utah. Fugal is a member of The Church of Jesus Christ of Latter-day Saints and maintains a strong connection to his faith and community. His interests include cricket, and he is a devoted fan, often attending matches.
Brandon Fugal’s financial choices showcase a blend of strategic investments and personal enrichment. While details of his spending remain private, his known actions provide insights into his approach:
Brandon Fugal’s life story is a testament to the incredible feats that can be achieved through determination, innovation, and a passion for progress. From his humble beginnings to his status as a successful entrepreneur, his journey has been marked by achievements that have transformed industries and inspired countless individuals. As Fugal continues to push the envelope of innovation, his legacy serves as a reminder that pursuing excellence is a journey with no limits.