Jason Robins is the co-founder and chief executive officer of DraftKings, an innovative sports-tech entertainment based in Boston, Massachusetts. Robins has dramatically influenced the sports betting and fantasy sports industries.
Under his strategic vision and leadership, DraftKings has become a major player in online sports entertainment. As a leading player in the industry, DraftKings racks in billions of dollars in annual revenue while growing Robins’s wealth. As of 2025, Jason Robins’s net worth is estimated at $332.8 million.
This article explores Robins’s estimated net worth, career achievements, business investments, and personal life, providing an in-depth overview of his journey and financial portfolio.
Jason Robins bio
| Attribute | Details |
| Full name | Jason D. Robins |
| Date of birth | 1981 |
| Education | Bachelor of Science in Economics and Computer Science, Minor in Mathematics from Duke University. |
| Position | Co-founder, Chief Executive Officer, and Chairman of DraftKings |Co-founders: Paul Liberman and Matthew Kalish. |
| Net worth | Approximately $332.8 million as of February 19, 2025. |
| Major holdings | 2.7 million shares of DraftKings stock, valued at an estimated $135 million as of February 19, 2025 |
| Board memberships | Horizon Acquisition Corp. II, FirstMark Horizon Acquisition Corp., and Extend, Inc. |
| Personal life | Married; maintains a private personal life |
Who is Jason Robins?
Jason Robins is an American entrepreneur, co-founder, CEO, and Chairman of DraftKings, a leading online sports betting and gaming company. He holds a Bachelor of Science in Economics and Computer Science from Duke University.
Before founding DraftKings, Robins worked in marketing and analytics at Capital One and Vistaprint. At Capital One, he developed a strong foundation in data-driven decision-making. In 2012, Robins partnered with Paul Liberman and Matthew Kalish to establish DraftKings. The company initially operated from a spare bedroom.
Under his guidance, DraftKings has grown into one of the leading digital sports betting companies in the United States. By August 2020, the company had a market cap reaching $12 billion.
Career and achievements
Throughout his career, Jason Robins has proved to be a visionary leader. In 2013, only a year after its founding, DraftKings received a substantial investment from Major League Baseball, marking the first time a professional sports league invested in a fantasy sports company. By 2014, DraftKings had over one million active users and had disbursed over $50 million in winnings.
DraftKings entered the sports betting market after the judicial overturning of the Professional and Amateur Sports Protection Act in 2018. Robins took the company public in 2020 with a market capitalization of $3.3 billion, which had grown to $12 billion by 2020. Under Robins’s watch, the company has expanded to multiple states in the U.S., offering various products, including daily fantasy sports, online casino games, and sports betting.
Estimated net worth
Jason D. Robins’s net worth has experienced significant fluctuations over the years, primarily influenced by DraftKings’ stock market performance. As of March 2021, Robins’ net worth increased to $1.1 billion, propelled by a surge in the company’s stock price. However, market dynamics have since influenced this valuation.
As of 2025, his net worth is estimated at $332.8 million. This net worth is primarily attributed to his ownership of 187,500 shares at DraftKings, valued at $75 million, and cumulative stock sales of up to $70 million. In addition, Robins receives a base salary of $1.2 million.
Business ventures and investments
Beyond his roles at DraftKings, Jason Robins has made commendable moves in the tech and gaming industries. He is actively involved with two SPACS, Horizon Acquisition Corp II and FirstMark Horizon Acquisition Corp, targeting high-growth online entertainment ventures. In 2021, DraftKings launched an NFT trading platform, DraftKings marketplace, capitalizing on blockchain innovations.
Furthermore, Robins has supported Jackpot.com, a digital lottery firm, and Grow Credit, a fintech company that helps users build credit through subscriptions. In addition to these partnerships, Robins works with Sports Innovations Lab, a data-driven research firm that analyzes fan behavior.
As an advisor to Drive by DraftKings, Robins also backs sport-tech startup companies like Whoop, a fitness wearable manufacturer. These investments highlight Jason D. Robins’s futuristic approach to digital sports and financial technology.
Trading performance and holdings
Jason Robins has actively managed his stock holdings through various transactions, as evidenced by his SEC filings. On February 12, 2024, he exercised options for 262,467 shares at no cost, increasing his direct ownership of DraftKings Inc. On August 21, 2024, he exercised options for 200,000 shares at $0.63. These activities have affected his holdings, with his direct ownership of the company standing at 2,636,972 shares as of November 22, 2024.
Personal life and relationships
While maintaining a strong connection with his family, Robins has kept his personal life private. He is married to Shannon, and the two have two sons, Levi and Charlie. Robins and the family reside in Boston, close to DraftKings’ headquarters.
Robins has always credited his wife for standing with him when the company struggled. He has often expressed his gratitude for her support. In 2021, he rented out Gillette Stadium, home of the New England Patriots, to celebrate his wife’s birthday.
Despite his high-profile and highly demanding career, Robins has balanced family and business, prioritizing quality time with his wife and kids.
Philanthropy
Beyond his corporate achievements, Robins is also involved in charitable works. In 2021, he donated $100,000 to help establish a new school for Afghan refugees in Japan. He is also a strategic advisor at Drive by DraftKings, a venture capital firm that backs sports tech and entertainment startups, including Whoop, a sports wearables company in Boston.
Impact
Through Robins’s leadership as CEO and executive chairman, DraftKings has greatly revolutionized the fantasy sports and sports betting industries. Since the Supreme Court’s ruling of 2018 that allowed states to regulate wagering, DraftKings and FanDuel have dominated the sports betting market in the United States, holding up to 80% of the market share.
