Joseph Jingoli caught the public’s eye after Yolanda Hadid confirmed their engagement, as a result people are now curious to learn about his family business and net worth.
Former model Yolanda’s fiance, Joseph, is the Chief Executive officer of Jingoli Construction Company, a family-operated business.
According to Jingoli’s official website, it was established in 1922 and has been in operation for 102 years. Currently, it is a fifth-generation family business.
Considering Jingoli’s legacy and portfolio, including many big projects, the company must have been profitable.
Apart from construction, Jingoli works in several fields, such as power/energy, economic development, healthcare, gaming, education, and the industrial/manufacturing sector.
With such a career graph, Joseph Jingoli accumulated a substantial net worth, reportedly $40 million, until 2019. Almost five years have passed since then, and his fortune might have varied, but for sure, his net worth is still in the millions or may have reached billions as well, who knows?
Joseph Jingoli’s company has expanded its affiliates over time!
The Jingoli company started its construction business with Joseph Jingoli & Son, Inc. in 1922. The company slowly grew, and finally, after 78 years, in 2000, their first subsidiary, DCO, an independent energy development company, started operating, according to their website.
They specialize in the ownership of central energy centers (CEC), Renewable Energy projects, and Combined Heat, Chilling, and Power (CHCP) Production Facilities.
Likewise, in 2003, Joseph’s company cooperated with Goldstar Energy Group, Inc., a company that delivers energy procurement, supply management, LED lighting, solar installation, green power, and demand response according to clients’ needs.
Moreover, Jingoli has been running JDC energy services since 2014 and Jingoli Power since 2015. They are also involved in hotels and casinos and own Hard Rock Hotel and Casino.
Furthermore, Jingoli has an affiliate, JET Electrical Testing, a full-service testing company founded upon the premise of accurate reporting, project dedication, and customer satisfaction started in 2019.
Shortly after that, JBM Energy Solution and EID Solutions came into operation in 2021 and 2022, respectively.
Starting as a small company and venturing into different sectors, Jingoli has experienced huge growth and success, earning huge amounts for its founders and owners, including Joseph.
Additional Information
- In October 2019, Joseph Jingoli stepped onto the red carpet with Yolanda Hadid for the first time at the Global Lyme Alliance’s Annual Gala in New York City.
- Joseph Jingoli’s company, JINGOLI, has worked with partners such as PSE&G, Atlantic City Electric, Robert Wood Johnson University Hospital, Exelon, First Energy, Delaware River Joint Toll Bridge Commission, Philadelphia International Airport, and so on.
- JINGOLI uses various resources, such as state programs, community organizations, community gatherings, local unions, etc., to obtain information about potential contractors and suppliers for projects
