PAUL FIREMAN • Net Worth $1.1 Billion • House • Yacht • Private Jet • Reebok

Name:Paul Fireman
Net Worth:US$ 1,1 billion
Source of Wealth:Reebok
Born: February 14, 1944
Wife:Phyllis Fireman
Children:Daniel, Marc, Stephanie
Residence:Palm Beach
Private Jet:(N72LN) Gulfstream G450

Who is Paul Fireman?

Paul Fireman is a name synonymous with the athletic shoe industry and private equity. He is the founder of Fireman Capital Partners, a private equity firm that invests in consumer-focused companies, and is renowned for his involvement in Reebok, which he sold to Adidas for $3.8 billion. Here’s a closer look at the life and career of Paul Fireman.


In 1979, Fireman acquired the North American sales rights to Reebok, a British athletic shoe company. He later purchased the company’s UK parent company, which enabled Reebok to surpass Nike as the top-selling manufacturer of athletic shoes in the United States. By the early 2000s, Reebok had exclusive licensing deals with the NFL, NBA, and NHL.

In 2006, Fireman sold Reebok to Adidas for $3.8 billion, netting around $800 million from his share of the sale. This enabled him to start Fireman Capital Partners.

Fireman Capital Partners

Fireman Capital Partners is a private equity firm that focuses on investing in consumer-focused businesses with revenues between $30 million and $150 million. The firm looks for companies with a unique vision, strong product and market share, and sound management. Fireman Capital Partners has invested in a number of companies, including Bandon Holdings, Dunns River Brands, CANarchy, Surfside Coffee Company, and Idea Paint.

Net Worth

According to Forbes, Paul Fireman’s net worth is $1.1 billion. His assets include the investment firm Fireman Capital Partners, a large real estate portfolio, and the luxury yacht Solemates.

The Paul and Phyllis Fireman Charitable Foundation

In 1985, Paul Fireman and his wife Phyllis founded The Paul and Phyllis Fireman Charitable Foundation, which has donated more than $165 million to charitable organizations.

In conclusion, Paul Fireman’s contributions to the athletic shoe industry and private equity have been significant. His involvement in Reebok helped turn the company into a major player in the market, and his success in private equity has enabled him to give back through charitable donations.


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Paul Fireman

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Paul Fireman Yacht Solemates

He is the owner of the Heesen yacht Solemates.

The yacht Solemates was built by Heesen Yachts in 2020. She is designed by Omega Architects.
The yacht is powered by MTU diesel engines. Her max speed is 16 knots.  Her cruising speed is 13 knots. She has a range of more than 4,500 nm. Solemates has an FDHF (fast displacement hull form) hull, designed by naval architects Van Oossanen.

The yacht’s name is a reference to his source of wealth. He used to own a large Lurssen yacht, now named Bella Vita.