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Brad Jacobs

Brad Jacobs

Founder, Chairman and Chief Executive Officer of QXO

Appears in 1 story

Notable Quotes

"We intend to build a tech-enabled building products distribution juggernaut." — Brad Jacobs, QXO founding announcement, 2024

"We like buying leaders." — Brad Jacobs, CNBC Money Movers, April 20, 2026

Stories

Brad Jacobs assembles $30 billion building products empire in two years

Money Moves

Leading QXO's consolidation campaign

In December 2023, Brad Jacobs put $1 billion into a tiny software company, renamed it QXO, and declared he would build a building products distribution giant worth $50 billion in revenue. On April 19, 2026, QXO announced it will acquire TopBuild, North America's largest insulation distributor and installer, for approximately $17 billion, paying shareholders $505 per share in a mix of cash and stock.

Updated May 31