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RJ Scaringe

RJ Scaringe
Scaringe in 2018
Born (1983-01-19) January 19, 1983 (age 42)
EducationRensselaer Polytechnic Institute (BS)
Massachusetts Institute of Technology (MS, PhD) [1][2]
OccupationEngineer
TitleCEO of Rivian Automotive, Inc.
Spouse
Meagan McGone
(m. 2014; div. 2025)
Children3

Robert Joseph Scaringe (born January 19, 1983) is an American engineer and businessman who is the founder and chief executive officer (CEO) of electric vehicle manufacturer Rivian.[3]

Early life

Robert Joseph Scaringe was born on January 19, 1983.[4] His father, also named Robert Scaringe, is an engineer and founder of Mainstream Engineering Corporation.[5] Scaringe grew up a car enthusiast, restoring them in his neighbor's garage. After learning of the great negative environmental effects of cars, however, he decided to focus his life on creating a more sustainable and environmentally friendly transportation system.[6]

Scaringe grew up in Melbourne, Florida.[7] He attended Melbourne Central Catholic High School.[8] Scaringe received his bachelor's degree in mechanical engineering from Rensselaer Polytechnic Institute. He then received a master's degree in mechanical engineering at the Massachusetts Institute of Technology (MIT) and went on to also receive a doctorate in mechanical engineering at MIT's Sloan Automotive Lab.[9][10]

Career

Scaringe returned to Rockledge, Florida, and founded Mainstream Motors in the year of 2009 as the sole employee. The name of the company changed to Rivian Automotive in 2011.[11][12]

In November 2021, Rivian went public, listing its shares on the Nasdaq.[13]

Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has veto power over board decisions due to his 100% ownership of the company's class B shares.[14] In total, Scaringe owns about 1.4% of Rivian.[15]

Personal life

Scaringe married Meagan McGone in Michigan in August 2014. The couple has three children together.[16] Scaringe stated in 2019 that due to his responsibilities as a start-up founder, he spends approximately 5% of his time with his wife and children.[17] Scaringe and McGone divorced in 2025.[18]

According to Forbes, Scaringe's net worth was estimated at $3.4 billion as of April 2021, but he lost his billionaire status in March 2022 due to Rivian's declining share value.[15][19]

References

  1. ^ Gallagher, Mary Beth,"Alumni Profile: RJ Scaringe SM ’07, PhD ‘09", MIT Department of Mechanical Engineering News, November 24, 2019.
  2. ^ "Transportation Transformation", RPI Alumni magazine, Fall 2019
  3. ^ Joyner, April. "Rivian's founder, R.J. Scaringe, is a billionaire, in spite of his company having sold almost no vehicles in its twelve years of existence, but his stake in the $91 billion company is surprisingly small. Amazon owns much more". Business Insider. Retrieved November 11, 2021.
  4. ^ Arlidge, John (April 20, 2024). "RJ Scaringe: The electric vehicle boss taking the fight to Elon Musk". The Sunday Times. ISSN 0956-1382. Retrieved June 19, 2024.
  5. ^ "Conflict of interest? Rep. Debbie Mayfield's husband appointed to board of trustees months before wedding". TCPalm. February 19, 2016. Retrieved December 2, 2021.
  6. ^ Gallo, Carmine (November 10, 2021). "Rivian Founder RJ Scaringe Uses Storytelling To Power His IPO Presentation". Forbes. Retrieved December 7, 2021.
  7. ^ Schwartz, Nelson (July 2, 2019). "Meet the Man Quietly Building the Tesla of Trucks, With Jeff Bezos Aboard". The New York Times. Retrieved December 2, 2021.
  8. ^ McCarthy, John (November 10, 2021). "Rivian Autmotive, founded by a Brevard native, goes public. It's now worth $100 billion". Florida Today.
  9. ^ Tannert, Chuck (February 8, 2019). "Meet R.J. Scaringe, Founder Of Rivian Automotive—And Tesla's Worst Nightmare". Forbes Wheels. Retrieved December 2, 2021.
  10. ^ "Dr. R.J. Scaringe". Obama White House. February 7, 2012. Retrieved December 3, 2021.
  11. ^ Denham, Ryan (January 9, 2018). "Searching for Clues Into Rivian's Electric Vehicle Future". WGLT. Retrieved August 15, 2021.
  12. ^ Katje, Chris (November 11, 2021). "5 Things You Might Not Know About Rivian Founder RJ Scaringe". Benzinga. Retrieved December 3, 2021.
  13. ^ Matthew, Johnston (November 15, 2021). "Rivian IPO: What Happened and Why it Matters". Investopedia. Dotdash. Retrieved December 3, 2021.
  14. ^ Levy, Ari (November 11, 2021). "Rivian founder R.J. Scaringe is worth $2.2 billion after his company's two-day IPO pop". CNBC. Retrieved December 3, 2021.
  15. ^ a b "RJ Scaringe". Forbes. Retrieved December 21, 2021.
  16. ^ Shah, Ambrish (November 10, 2021). "RJ Scaringe's Rivian Automotive Is Set To Go Public—What's Scaringe's Net Worth?". Market Realist. Retrieved December 3, 2021.
  17. ^ Matousek, Mark. "Meet Rivian CEO RJ Scaringe, who's been called the next Jeff Bezos as he electrifies Amazon's delivery vans". Business Insider. Retrieved July 26, 2025.
  18. ^ Katje, Chris (July 16, 2025). "Rivian CEO Joins Bezos & Gates Divorce Club—Voting Power Slashed Before R2 Debut". Yahoo! Finance. Retrieved July 25, 2025.
  19. ^ "Rivian Founder RJ Scaringe No Longer A Billionaire After Stock Dip". Forbes. March 3, 2022. Retrieved June 25, 2024.
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