Wondering what R.J. Scaringe‘s net worth is in 2025? Find out how much money he makes from this guide. He is a prominent figure in the world of engineering and electrical vehicle manufacturing. The 42-year-old hails from Rockledge, Florida. His father is an engineer who founded Mainstream Engineering Corporation. Growing up, Scaringe developed an interest in cars and automobiles. He soon started restoring cars at his neighbor’s garage. He later became inspired to develop a sustainable and eco-friendly transportation system. Scaringe pursued his college education at the Rensselaer Polytechnic Institute and Massachusetts Institute of Technology (MIT). In both institutes, he studied mechanical engineering, graduating with a bachelor’s degree in the former and a master’s degree in the latter.
So, what is R.J. Scaringe’s current net worth? Here’s what you need to know.
What is R.J. Scaringe’s net worth in 2025?
R.J. Scaringe has an estimated net worth of $USD 30 million in 2025.
Scaringe’s net worth in 2025 consists of earnings from his work as an engineer and CEO of an electric vehicle manufacturing company, Rivian. The company produces an electric sport utility vehicle or SUV, a pickup truck on a skateboard platform that can support future vehicles, and an electric delivery van, the Rivian EDV.
He held billionaire status until March 2022, when he lost it due to Rivian’s declining share value.
What does R.J. Scaringe do for a living?
R.J. Scaringe is an engineer and the CEO of Rivian.
Most recently, R.J. Scaringe made headlines after he and Rivian announced that the R4 and R5 vehicles were in development and that an R6 was being considered (via Electric Vehicles).
R.J. Scaringe’s earnings explained — how do they make money?
R.J. Scaringe earns money from his work as an engineer and Rivian’s CEO.
Scaringe founded Rivian Automotive under the name Mainstream Motors in 2009, as its sole employee. The name changed to Rivian in 2011.
Ten years later, in November 2021, Rivian went public after its shares were listed on the Nasdaq stock market. Since its public offering, it has raised billions in financing.
Scaringe owns a total of approximately 1.4% of Rivian. As the chairman of the company’s board of directors, he holds 9.5% voting power. In addition, he possesses veto power over board decisions due to his full ownership of Rivian’s Class B shares.
