I’m a career CEO with a unique track record as a Wall Street moneymaker. I’ve founded eight billion-dollar or multibillion-dollar companies, creating tens of billions of dollars of value for shareholders across multiple industries. This includes six publicly traded corporations: United Waste Systems, Inc.; United Rentals, Inc.; XPO, Inc.; GXO Logistics, Inc.; RXO, Inc.; and my new company, QXO, Inc. QXO will consolidate the building products distribution industry, which is large, growing, and rich with acquisition opportunities. Building products distribution has approximately $800 billion in annual revenue between North America and Europe. Our strategy is to create a tech-forward industry leader through accretive M&A and organic growth. My goal with QXO, as with all my ventures, is to generate outsized value for shareholders. My edge is that I hire exceptionally talented people who think big and are committed to achieving remarkable results. My teams and I have completed about 500 M&A transactions across multiple industries, and we’ve raised approximately $40 billion of debt and equity capital, including three IPOs. In the supply chain industry, we grew XPO into a top ten global logistics provider, and then completed a $7 billion spin-off of GXO Logistics and a $5 billion spin-off of RXO, creating two new public companies in about 15 months. XPO was the seventh best-performing stock of the last decade in the Fortune 500 and became a "32-bagger" — initial investors in XPO made more than 32 times their money.Prior to XPO, I founded United Rentals and United Waste Systems. We built United Rentals into the largest construction equipment rental company in the world in 13 months. United Rentals was the sixth best-performing Fortune 500 stock of the last decade and became a “200-bagger” — the share price at inception was $3.50 and its stock now trades at over 200 times that price. United Waste’s stock outperformed the S&P 500 by 5.6 times from the time I took the company public to the time we sold it for $2.5 billion.My book, How to Make a Few Billion Dollars, outlines the playbook we’ve used for more than four decades to create outsized shareholder value.
