Rob Hale remains on billionaire list for 5th year
Rob Hale, the CEO of Granite Telecommunications with deep ties to the South Shore, is enjoying his fifth straight year on Forbes’ global billionaires list, with a net worth estimated at $6 billion.
The 59-year-old grew up in Northampton, and he and his wife owned a home in Hingham. They have maintained their connection to the South Shore with millions in donations to charitable organizations in the region. Granite Telecommunications is still headquartered in Quincy.
Now 694th on the list, Hale’s net worth grew by $200 million since he made the 2025 billionaires list, according to Forbes. That makes him the sixth-richest person in Massachusetts.
Hale also made Forbes’ list of the 400 richest Americans last year, earning the 246th spot.
The magazine has tracked Hale’s wealth since 2022, when he broke onto the billionaires list with an estimated worth of $3.2 billion.
Hale also owns FoxRock Properties, a commercial real estate firm, but most of his wealth comes from Granite Telecommunications, which announced $1.85 billion in revenue in 2023. FoxRock Properties developed a new campus for South Shore Educational Collaborative, a special education school in Hingham.
The Hales founded the Fox Rock Foundation, a private family foundation that has donated millions of dollars to organizations across the country, including $1 million to Hingham’s Croí Health and another $1 million to Norwell’s Friendship Home.
Hale maintains relationships with several important Massachusetts institutions. He and his wife, Karen Hale, donated $100 million to Boston Children’s Hospital in 2025, the largest gift in the hospital’s history—1.7% of the net worth that Forbes estimated that year. He is a minority owner of the Boston Celtics and gave $1,000 to each Bridgewater State University graduate in 2025, according to People Magazine.
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