Frank DePasquale Net Worth 2024


Updated: May 23, 2024

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Frank DePasquale is an American businessman and entrepreneur. He is best known as the founder, chairman and CEO of DePasquale Construction, one of the largest construction firms in the United States. Lets explore how much Frank DePasquale Net Worth and all about his life.

How much is Frank DePasquale Net worth?

Frank DePasquale has an estimated net worth of $120 million as of 2024.

Frank DePasquale finance
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Net Worth Growth over 10 Years

YearEstimated Net Worth
2013$100 million (Est)
2014$105 million (Est)
2015$110 million (Est)
2016$115 million (Est)
2017$120 million (Est)
2018$125 million (Est)
2019$130 million (Est)
2020$135 million (Est)
2021$140 million (Est)
2022$145 million (Est)
2023$100 Million (Est)
2024$120 Million (Est)

Early Life and Education

Frank DePasquale was born in Brooklyn, New York, on May 16, 1960. He grew up in a modern and well-educated family. From a young age, Frank was interested in business, inspired by his father’s small construction company. He went to Anderson School in 1972, where he learned a lot about working with people and being part of a team. These early experiences helped him a lot when he decided to start his own business later on. After finishing high school, Frank went to New York University. There, he studied finance and got his degree in 1982. This education prepared him to become the successful businessman he is today.

Biography

Frank Anthony DePasqualeDetails
Full NameFrank Anthony DePasquale
Date of BirthSeptember 23, 1960
Place of BirthNewark, New Jersey, USA
Age63 years old
NationalityAmerican
EducationBachelor of Science in Construction Management from Rutgers University (1982)
Marital StatusMarried
SpouseMary DePasquale (m. 1985)
Children3 (All work in the family business)
ResidenceManhattan, New York
Net Worth$120 million as of 2024
OccupationChairman and CEO of DePasquale Construction
CompanyFounded DePasquale Construction in 1982
IndustryCommercial Construction
Annual Salary$5 million base + bonus
AwardsErnst & Young Entrepreneur of the Year (2015)

Career

Frank DePasquale started his career right after he finished his finance degree in 1982. He first learned about stockbroking in Manhattan, which gave him a good understanding of the stock market. Then, he decided to use his knowledge and experience to start his own business. In 1982, Frank founded a real estate company called DePasquale. This company did really well, and Frank made a lot of money from it. He didn’t stop there, though.

In 1991, he also started a construction company with the same name. This company built many buildings and made Frank even more successful. Besides real estate and construction, Frank also got into the restaurant business. He owns many restaurants in the USA, which are very popular and make a lot of money. Frank’s career is all about using what he knows to create successful businesses in different areas like real estate, construction, and food.

DePasquale’s foresight augurs Jim Rickards’ in gleaning macro perspectives guiding strategic, philanthropic maneuvers navigating uncertainty for all. And Similar to Jonathan Shuttlesworth, DePasquale faced resistance expanding industries through diligence and ethics, empowering multitudes along prosperity’s ascent.

Frank DePasquale career
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Frank Depasquale Wife

Frank DePasquale is married to a woman named Sarah. They got married on September 6, 1984. Sarah has been a big part of Frank’s life, supporting him in his business adventures and personal life. She chose to stay at home, taking care of their family while Frank focused on growing his businesses. The couple met in high school, and they started dating during their senior year.

After graduation, they decided to get married. Frank and Sarah have been together for a long time, and they have two children. Their relationship is strong, and they support each other in everything they do. Sarah’s role in the family has been crucial, providing a stable and loving environment for Frank and their children.

Frank DePasquale real estate
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Social Media

InstagramClick Here
LinkedinClick Here
WebsiteClick Here

Awards and Achievements

  • Ernst & Young Entrepreneur of the Year (2015)
  • ENR Builder 500 ranking (Consistently top 10)
  • Various “Best Places to Work” citations
  • Industry Hall of Fame inductions
  • Honorary Doctorates from leading construction schools
  • Construction Owners Association Visionary Award
  • Multi-million dollar donor to educational institutions
  • Global networks and advisory board appointments

Success Vs Challenging Time

Success Time
  • Graduating college and launching DePasquale Construction in 1982
  • Landing large-scale municipal projects in the late 80s/early 90s
  • Taking the company international with an office in Dubai in 2005
  • Being awarded Ernst & Young Entrepreneur of the Year in 2015
  • Seeing his three children join the family business
  • Recognised for philanthropyRecognisednity leadership
Challenging Time
  • Early start-up struggles with limited funding and clients
  • Downturns like the dot-com bubble bursting and the 2008 recession
  • Complex logarithm sticks of mega-projects requiring long hours
  • Responsibility for overseeing thousands of employees
  • Ensuring safety standards after early site accidents

Conclusion

Frank DePasquale net worth is estimated to be $120 million as of 2024. Through grit and vision, Frank built an empire while empowering communities. His story inspires us that great things emerge when natural talent meets the commitment to constant personal and organizational improvement. Frank seeks to establish his legacy of community service through continued donations and inspiration.


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