James Litinsky

James Litinsky (#3365)

Global Rank #3365

Country Rank #1,029

Country United States

If you really believe you can do something and are naive enough to take on the challenge, start as early as you can.

$ 1 B
Minerals
United States
M
48 Years

Snapshot

Quick Facts

Global Rank #3,365

Country Rank #1,029

Net Worth $1.0B

Previous Worth $1.0B

Worth Change +$0.0B

Country United States

Industry Minerals

Age 48 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 20 Jul 2026, 12:00 AM

Residence Las Vegas, Nevada

World Billionaires List United States Billionaires Minerals

Profile Data

Personal Stats

Age 48

Source Of Wealth Minerals, Self Made

Residence Las Vegas, Nevada

Citizenship United States

Education Master of Arts/Science, Yale College; Master of Business Administration, Northwestern University's Kellogg School of Management; JD, Northwestern University Pritzker School of Law

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $1.0B

Current Net Worth $1.0B

Worth as of May 4, 2026

About Me

James Litinsky is the founder and CEO of MP Materials, which owns and operates the only rare earths mine in the United States in California. Litinsky, after receiving his J.D. and M.B.A., began his career at Fortress Investment Group before launching his own hedge fund JHL Capital Group in 2006 with $11 million in backing. JHL acquired the mine out of bankruptcy in 2017, orchestrated a cleanup effort, and took the company public in 2020 by merging it with a SPAC MP Materials began production at its own magnet manufacturing factory in Fort Worth, Texas in 2024, and is working to build a second factory. The U.S. Department of Defense acquired a $400 million stake in MP Materials in June 2025 and announced a 10-year partnership for buying the company's output.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to James Litinsky.

#3185

Billionaires (2026)

Insights

Did You Know?

Litinsky began trading stocks, and reading Forbes, as a teen.

Wealth Growth

Net Worth Growth Over Time

Tracking James Litinsky's net worth journey over the years, highlighting key growth phases and financial milestones.