Robert Reffkin
Full Name: Robert L. Reffkin
Born: June 07, 1979, Berkeley, California, United States
Occupation: Businessperson
Job: Founder & CEO
Works for: Compass Inc.
Primary Industry: Real Estate Broker
Nationality: American
Residence: New York, New York
Annual Income: ( ): ~ USD $900,000.00 Million
Net Worth: ( ): ~ USD $0.50 Billion.
Robert Reffkin, founder and CEO of real estate technology powerhouse Compass Inc., has built a company dedicated to simplifying the process of buying, selling, and renting homes. Founded in 2012, Compass seamlessly blends cutting-edge technology with top-tier real estate agents to provide an exceptional client experience. Its proprietary app and other tech tools empower agents, while services like concierge staging and home improvement support benefit sellers.
Compass generates revenue through sales commissions, service fees, and loan referrals, primarily focusing on the luxury market. The company also offers its own online academy to help agents elevate their skills.
Under Reffkin's leadership, Compass has become the nation's largest independent brokerage with over $500 billion in sales volume. It debuted on the New York Stock Exchange (NYSE: COMP) in April 2021. At the time, Forbes estimated Reffkin's net worth at $500 million.
Reffkin's 2024 compensation includes a substantial base salary increase to $900,000, a performance-based bonus, and restricted stock units vesting over four years. Similar grants are set for 2025.
Prior to Compass, Reffkin honed his skills as an entrepreneur, technology innovator, financier, and public servant. Highlights of his experience include:
- LendingHome (2010-2012): Co-founded this technology-driven real estate lending platform.
- White House Fellowship (2008-2009): Directly supported the Secretary of the Treasury and Chief of Staff.
- Goldman Sachs (2003-2008): Started as an analyst, rising to associate.
Reffkin's industry recognition includes a place on Forbes' "America's Richest Entrepreneurs Under 40" and Fortune's "40 Under 40" lists. His 'Compass Cares' initiative demonstrates strong philanthropic values.
Further demonstrating his commitment to giving back, he founded America Needs You, which guides and mentors low-income college students. An avid runner, Reffkin has completed an impressive 50 marathons in 50 states, raising funds for worthy causes.
Reffkin holds a degree in Economics and Mathematics from Columbia University (2000) and an MBA from Columbia Business School (2003).
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