BOBBY GENOVESE • Net Worth $300 Million • House • Yacht • Private Jet • BG Capital Group

Name:Bobby Genovese
Net Worth:$ 300 million
Source of Wealth:BG Capital
Wife:Karen Genovese (divorced)
Residence:Fort Lauderdale, Florida
Private Jet:Learjet 55 (N420BG)

Unraveling the Story of Bobby Genovese

Bobby Genovese is a renowned Canadian entrepreneur, investor, and philanthropist. Born in 1964, Genovese made a name for himself as a self-made millionaire and the founder of the BG Capital Group. While he experienced a marital split from his wife Karen, the bond with their two children remains strong. Beyond his professional endeavors, Genovese leads a luxurious lifestyle, epitomized by his ownership of the superyacht BG Charade.

Key Takeaways

  • Bobby Genovese is a Canadian millionaire and the founder of BG Capital Group.
  • Genovese owns the superyacht BG and has a passion for polo, owning several polo and equestrian resorts.
  • The BG Capital Group is a prominent private equity investor focusing on North American companies and real estate investment.
  • Genovese’s net worth is estimated at over $300 million.
  • He is an active philanthropist, with initiatives supporting healthcare and environmental conservation.

Establishing the BG Capital Group

The BG Capital Group stands as a testament to Genovese’s business acumen. As a distinguished private equity investor, this venture concentrates on investing in promising North American enterprises.
BG Capital Group extends beyond conventional investment approaches. Its Capital Management division offers management expertise, facilitates investor relations, and provides strategic partnerships. The group’s influence also permeates the real estate industry through the BG Capital Investment Trust, a long-term real estate investor known for its prudent property picks.

Passion for Polo Sport

Genovese’s interests extend beyond the corporate world to the sport of kings—polo. He not only enjoys playing polo but also owns polo and equestrian resorts in Florida. His significant investments in this sphere include the BG Vero Beach stables and the Ocala Polo Club. Both establishments provide professional polo facilities, further highlighting Genovese’s commitment to this prestigious sport.

The Wealth of Bobby Genovese

Genovese’s extensive entrepreneurial efforts and diverse investments have garnered him significant wealth. His net worth is estimated at over $300 million, positioning him among the wealthiest individuals in Canada.

Philanthropy Initiatives

Beyond his wealth and business success, Genovese is deeply involved in philanthropic activities, particularly in the healthcare sector. He initiated the Car and Boat Rally Scavenger Cups in 2007, an event that has since raised more than $16 million for Toronto’s Hospital for Sick Children.
Additionally, he channels his commitment to environmental conservation through BG Parks, an initiative aimed at preserving nature’s beauty for future generations.


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Yacht BG Owner

Bobby Genovese

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Genovese Yacht BG

He is the owner of the Feadship yacht BG. She was featured as VALOR in Below Deck. Genovese also owns the 78 ft yacht BG JR a Lazarra 75 LSX. BR Jr can accommodate 8 guests in 4 cabins. She can reach a top speed of 30 knots. And he owns a Sunseeker Predator 74 named BG3, built in 1990.

The BG yacht was initially built by Feadship for Microsoft co-founder Paul Allen.

Featuring design by De Voogt Naval Architects and an interior by McMillen Design, the yacht can accommodate 12 guests and a crew of 10.

BG gained fame as Valor in the reality TV series Below Deck.