Who is Bob Conconi?
He is the founder of the Conconi Group, active in real estate and private equity. In 1989 Conconi co-founded the Canadian Securities Registration Systems or CSRS.
CSRS was active in the outsourced registration and search industry. The company provided customized outsourced business solutions to businesses and governments across North America.
With 3,900 employees, the company provided consumer and student loan administration services, registration and search services, credit card and loyalty card applications processing medical and dental insurance claims processing, call centre and customer support, marketing and promotional support and supply chain management and fulfillment services.
CSRS’s customer base included financial institutions and auto acceptance and leasing companies in Canada.
CSRS was later renamed Resolve Corporation. In 2006 Resolve went public, raising CAD$ 225 million. Prior to the IPO, the company realized revenues of CAD 200 million with net profits of around CAD$ 7 million.
In 2009 Resolve was acquired by David and Henderson for CAD 3.80 per unit. Conconi still owned 6.000.000 ‘units’ at that moment, netting him CAD$ 24 million.
Bob Conconi Net Worth
We estimate his net worth at more than US$ 200 million.
Bob Conconi is an active philanthropist, through his Robert L Conconi Foundation.
Watch this video!
Bob Conconi House
Bob and his wife Diane live in a large penthouse in Vancouver, Canada.
Robert Conconi Yacht
He was the owner of the yacht Aurora.
Bob and Diane Conconi have owned several yachts, all named Aurora. Their last yacht was a 120ft Nordhavn. While they previously owned 86ft and 62ft versions.
Early 2017 Conconi sold his Aurora yacht after a legal battle with the yacht’s builder. Apparently, the yacht arrived in Canada unfinished. It was never delivered or accepted by the owner.
During construction, Conconi was asked to may several payments ahead of the contractual payment schedule. As the company had some financial difficulties and was not able to continue the construction of the project.
Several inspections and surveys found critical deficiencies. The inspections concluded that the vessel did not meet industry standards with respect to quality, design and construction. More here: https://nordhavnfacts.com/
Do you know if Conconi bought a new yacht? Please do send us a message.
We have not yet been able to identify his private jet. But please do send us a message if you have information about his business jet. The photos hereunder are just samples of some of the most successful private jets on the market.