Marcelo Claure | $1B+
Get in touch with Marcelo Claure | Marcelo Claure, entrepreneur and investor, is best known for building Brightstar into one of the world’s largest wireless distribution companies and for his high-profile leadership roles in global telecommunications. After founding Brightstar in 1997, Claure expanded it into a multibillion-dollar enterprise operating in more than 50 countries, later selling a majority stake to SoftBank. He went on to serve as CEO of Sprint, where he led a multiyear turnaround, and later became chief operating officer of SoftBank Group, overseeing global investments across technology, telecom, and startups. Known for his intense execution style and dealmaking acumen, Claure remains a central figure in international business and private investment.
Marcelo Claure is a Bolivian-American entrepreneur, investor, and philanthropist renowned for his leadership in the telecommunications and technology sectors. Born on December 9, 1970, in La Paz, Bolivia to a Bolivian diplomat father, he spent his early childhood in Morocco and the Dominican Republic before moving to Bolivia for high school and immigrating to the United States in 1989.[1][2]
Claure earned a Bachelor of Science in Economics and Finance from Bentley University in 1993, during which he launched a successful business trading frequent-flyer miles.[3][4] In 1997, he co-founded Brightstar Corporation, a wireless distribution and services company that grew into the world's largest in its field and the top Hispanic-owned business in the U.S. for several years, generating over $10 billion in revenue by 2013 before he sold a majority stake to SoftBank in 2014.[5][6][7]
In 2014, Claure was appointed CEO of Sprint Corporation by SoftBank, where he spearheaded a turnaround effort and orchestrated its $26 billion merger with T-Mobile US, completed in 2020, serving on T-Mobile's board thereafter.[8][9] He later became CEO of SoftBank Group International, managing a $450 billion portfolio until 2022.[8][10]
Today, Claure serves as founder and CEO of Claure Group, a multi-billion-dollar family office investing in sectors like fashion, technology, and sports; he is the largest individual shareholder and Group Vice Chairman of SHEIN, the global on-demand fashion retailer, a role he assumed in October 2023.[6][8][11] In April 2025, he joined Brightstar Capital Partners as partner and co-chairman, focusing on deal origination, AI initiatives, and value creation.[12] He is also a U.S. citizen residing in Miami Beach, Florida, married with six children.[9]
Beyond business, Claure has significantly impacted sports, co-founding Major League Soccer's Inter Miami CF in 2018 (though he sold his stake in 2021) and acquiring a 10% ownership in New York City FC in 2024; he owns Bolivia's most successful club, Club Bolívar, and co-owns Spanish club Girona FC.[10][13][14] His entrepreneurial journey has made him a self-made billionaire, with wealth derived primarily from cell phone distribution and investments.[9][15]
Early years
Early life
Raúl Marcelo Claure was born on December 9, 1970, in Guatemala, while his father, René Marcelo Claure, a Bolivian geologist, was stationed there as part of his work for the United Nations diplomatic service.[16] His parents were both Bolivian, and he has an older sister, a younger brother, and a young aunt who was his mother's sister and close in age, contributing to a close-knit family dynamic amid frequent moves.[16]
Due to his father's UN career, the family relocated often during Claure's childhood, starting in Guatemala at his birth, then moving to Morocco when he was an infant or toddler, followed by the Dominican Republic during his early adolescence, and eventually to Bolivia, where he spent his high school years.[16][7] These shifts across continents exposed him to diverse international environments from a young age, fostering adaptability and a broad worldview that would later influence his entrepreneurial approach.[16]
Claure's early interest in business emerged through observing his father's professional responsibilities in diplomacy and geology, as well as through personal ventures; as a child, he sold marbles to classmates at school, and around age 9 or 10, he began buying and reselling his mother's clothes before she discovered and halted the activity.[16] In ninth grade, while attending an American school in Bolivia, he learned English, which prepared him for future opportunities abroad.[16]
At age 18, Claure immigrated to the United States to attend college.[7]
Education
Claure completed his secondary education at a high school in La Paz, Bolivia, graduating in 1989.[17]
In the fall of 1989, at the age of 18, he immigrated to the United States to attend Bentley University in Waltham, Massachusetts, where his multinational upbringing facilitated his adjustment to the U.S. educational system.[7] He enrolled as an undergraduate in economics and finance, earning a Bachelor of Science degree in 1993.[3][2][18]
At Bentley, Claure engaged in extracurricular entrepreneurial activities that built his leadership abilities, notably by starting a venture to buy and sell airline frequent-flyer miles, which expanded to employ 25 people within a year and provided hands-on experience in sales and team management.[7][4]
Following graduation, Claure took early career steps in sales and business operations, including a role as general manager of the Bolivian Soccer Federation in 1993–1994, where he oversaw commercial activities, and later acquiring USA Wireless in 1995 to distribute mobile phones in the U.S.[18][1]
Business career
Founding Brightstar
Marcelo Claure founded Brightstar Corp. in October 1997 in Miami, Florida, as a small wireless device distributor targeting the Latin American market.[19] The company began with an initial capital of $30,000, derived from Claure reselling a free pager device he received during a flight, which sparked his entry into the wireless distribution business.[18] His educational background in finance from Bentley University provided the foundational knowledge to navigate the startup's early operations.[20]
Brightstar rapidly expanded from its U.S. base into Latin America, overcoming early funding hurdles through personal resources and local partnerships, as well as intense market competition from established players like CellStar Corp. and Brightpoint Inc. in emerging markets characterized by regulatory volatility and infrastructure limitations.[21] By focusing on tailored distribution services for mobile phones and accessories, the company achieved key milestones, including surpassing $1 billion in annual revenue by 2003 and establishing operations across more than 50 countries by 2013, positioning it as the world's largest specialized independent wireless distributor.[16][22]
In 2013, SoftBank Group acquired a 57% majority stake in Brightstar for $1.26 billion, valuing the company at approximately $2.2 billion, while Claure retained operational control as CEO until SoftBank purchased the remaining shares in early 2014.[23][24] By then, Brightstar's global footprint had grown to about 70 countries, with annual revenues exceeding $10 billion and a workforce of over 8,000 employees.[24][25]
Leadership at Sprint
In August 2014, Marcelo Claure was appointed as president and chief executive officer of Sprint Corporation, effective August 11, following SoftBank's acquisition of his remaining stake in Brightstar Corp., which facilitated his leadership role at the telecom carrier in which SoftBank held a controlling interest.[26][27][28]
Claure's tenure focused on a comprehensive turnaround, emphasizing cost reductions exceeding $5 billion through operational efficiencies and program adjustments, substantial investments in network upgrades to enhance coverage and speed, and targeted marketing to boost subscriber acquisition and loyalty.[29][30][31] These initiatives resulted in monthly postpaid churn declining from 2.2% shortly after his arrival to 1.54% by late 2015, alongside the addition of over 500,000 postpaid customers in fiscal quarters where net losses had previously accelerated.[32][33][34]
A pivotal achievement was Claure's orchestration of the merger with T-Mobile US, Inc., announced on April 29, 2018, as an all-stock transaction valued at $26 billion that aimed to create a stronger competitor in the U.S. wireless market.[35][36] The agreement encountered prolonged regulatory challenges from the Department of Justice, Federal Communications Commission, and state attorneys general but received final approval and closed on April 1, 2020, forming the New T-Mobile.[37][38]
Claure resigned as CEO in May 2018 but continued as executive chairman of Sprint through the merger's completion in 2020, ensuring operational continuity during the integration process.[39][40] His leadership stabilized Sprint's market share amid intense competition from larger rivals, shifting the company from consistent subscriber erosion to periods of net gains and improved financial metrics.[31][33] Post-merger, Claure joined the board of directors of T-Mobile US, Inc., providing strategic oversight for the combined entity.[41]
Roles at SoftBank
In 2018, Marcelo Claure was appointed Chief Executive Officer of SoftBank Group International, a role in which he oversaw the company's operations and investments across regions outside Japan, including a portfolio exceeding 40 companies focused on global innovation and expansion.[42] His appointment followed his tenure as CEO of Sprint Corporation, where his telecommunications expertise informed SoftBank's strategic investments in related sectors.[43]
That same year, Claure was elevated to Chief Operating Officer of SoftBank Group Corp., expanding his responsibilities to include managing the conglomerate's global portfolio operations, achieving financial and operational targets, driving synergies across investments, and directing international government relations.[42] In this capacity, he contributed to the oversight and deployment of the $100 billion Vision Fund, SoftBank's flagship investment vehicle, which targeted high-growth technology firms worldwide.[44] Key examples of the fund's activities under his operational leadership included substantial investments in ride-hailing leaders Uber Technologies and Didi Chuxing, as well as co-working provider WeWork, helping to allocate billions toward disruptive startups amid aggressive expansion goals.[45][46]
Claure's efforts significantly advanced SoftBank's footprint in emerging markets, particularly Latin America, where he drew on his Bolivian heritage and regional business networks to launch the $5 billion SoftBank Innovation Fund in 2019—the largest venture capital fund dedicated to the region at the time.[47][48] He later spearheaded an additional $3 billion commitment in 2021 for a second Latin America fund, bringing total regional investments to $8 billion and supporting tech ecosystem growth in underserved economies.[49]
Claure resigned from his positions as COO of SoftBank Group and CEO of SoftBank Group International in January 2022, following a mutual agreement with the company after nine years, amid ongoing challenges such as investment losses and a reported compensation dispute with founder Masayoshi Son.[50][43] His departure occurred during a period of financial strain for SoftBank, exacerbated by underperforming Vision Fund holdings including WeWork.[51]
Chairmanship of WeWork
In October 2019, amid the collapse of WeWork's initial public offering (IPO) and mounting financial pressures, SoftBank appointed Marcelo Claure, its chief operating officer, as executive chairman of WeWork to lead its rescue and restructuring efforts.[52][53] This move came after revelations in WeWork's IPO filing exposed governance lapses, unsustainable growth, and a valuation drop from $47 billion to around $8 billion.[54]
Under Claure's leadership, WeWork executed aggressive cost reductions, including the layoff of 2,400 employees in November 2019—nearly 20% of its global workforce—to streamline operations and achieve efficiency.[55][56] The company also significantly scaled back its physical footprint, closing or renegotiating leases at hundreds of sites and reducing locations from over 850 in 2019 to 756 by the end of 2021.[57] These measures were bolstered by a $9.5 billion bailout package from SoftBank, comprising new financing, accelerated investments, and a tender offer for shares, which provided critical liquidity and gave SoftBank majority control.[58][59]
Claure negotiated extensive lease restructurings with landlords, transitioning WeWork's model in many secondary markets from high-risk, short-term subleasing to more stable partnership arrangements with longer-term commitments, which helped mitigate balance sheet vulnerabilities by 2021.[60][61] This shift, combined with divestitures of non-core assets like the Flatiron School, positioned the company for adjusted positive cash flow targets ahead of schedule despite the COVID-19 pandemic.[62]
After stabilizing WeWork and facilitating its public debut through a SPAC merger in October 2021—valuing the company at approximately $9 billion—Claure resigned as executive chairman in February 2022 upon departing SoftBank.[63][64] His involvement underscored key lessons in corporate governance, such as the perils of unchecked founder influence and inflated valuations in tech-infused real estate ventures, where rapid scaling often outpaced viable revenue models.[65][66]
Claure Group and Bicycle Capital
In 2022, Marcelo Claure established Claure Group as a multi-billion-dollar family office based in Miami to oversee his personal investments across technology, consumer products, and telecommunications sectors.[67] The firm manages proprietary capital in high-growth areas, including a significant stake in the fast-fashion company SHEIN, where Claure holds a leadership position, along with various private equity opportunities.[11][68]
Building on this foundation, Claure launched Bicycle Capital in June 2023 as a growth equity firm dedicated to Latin American opportunities.[69] The inaugural fund, Bicycle I, targets $500 million and secured approximately $440 million in initial commitments from institutional investors, including anchor support from entities like Mubadala.[70][71] Bicycle Capital focuses on growth-stage startups in fintech, e-commerce, and related data-driven industries, providing capital for expansion in underserved regional markets.[72]
The strategy of both Claure Group and Bicycle Capital emphasizes leveraging Claure's global network—honed through his prior roles at SoftBank—to drive sustainable development and operational scaling for portfolio companies.[73] Representative investments by Bicycle Capital include a $55 million Series B round in Brazilian insurtech Cayena and co-leading a $50 million Series C round for Mottu, a Brazilian motorbike rental and last-mile delivery startup, highlighting a commitment to technology-enabled solutions in Latin America.[74][75] As of 2025, Claure remains CEO of Claure Group and Chairman of Bicycle Capital.[8][6]
Recent investments and roles
In October 2023, Marcelo Claure was appointed Group Vice Chairman of SHEIN, the global fast-fashion e-commerce platform, following his role as Chairman of SHEIN Latin America since January 2023.[11] In this capacity, he has focused on accelerating SHEIN's expansion in the region, including the launch of the SHEIN Marketplace in Brazil to enhance local seller participation and supply chain integration.[76]
In April 2025, Claure joined Brightstar Capital Partners as a partner and co-chairman, expanding on his significant minority stake acquired in 2023.[77] The firm specializes in middle-market buyouts, with Claure contributing to deal origination, capital formation, and value creation strategies alongside founder Andrew Weinberg.[78]
Claure has continued his service on the T-Mobile US board of directors since the 2020 Sprint merger, reflecting his ongoing involvement in telecommunications.[9] In August 2024, he sold approximately 114,600 shares of T-Mobile stock at an average price of $197.89 per share, realizing about $22.7 million.[79]
Through Claure Group, his investment firm, Claure acquired ownership of Team Brazil in the E1 Series, the world's first all-electric powerboat racing championship, ahead of its inaugural 2024 season launch.[80] The team, featuring pilots Marit Strømøy and Timmy Hansen, debuted in February 2024 in Jeddah and achieved its first victory at the E1 Lagos GP in October 2025.[81]
Sports ownership
Club Bolívar
In 2008, Marcelo Claure acquired a majority stake in Club Bolívar, Bolivia's premier football club, through his subsidiary BAISA (Bolívar Administración, Inversiones y Servicios Asociados, S.R.L.), securing operational rights for 20 years and fulfilling a lifelong passion for his hometown team.[82][83] Under Claure's leadership, the club—already the most decorated in Bolivian football history with over 30 national league titles—has solidified its dominance in domestic competitions.[84][85]
Claure has channeled significant investments into the club's infrastructure, including the inauguration of advanced training facilities in La Paz and the groundbreaking for the new Tembladerani stadium to enhance fan experience and operational capacity.[86] By the mid-2010s, these efforts extended to youth academy development, establishing structured programs to nurture emerging talent and professionalize the club's pathway from grassroots to senior levels.[86] On the field, his tenure has yielded multiple triumphs in the Liga de Fútbol Profesional Boliviano, including the 2019 Apertura championship, the 2022 Apertura title, and the 2024 championship, contributing to a total of 11 league victories since 2008.[87][88][84]
Reflecting Claure's deep ties to his La Paz birthplace, the club has prioritized community impact through targeted talent scouting initiatives in the region, identifying and developing local players to bridge cultural heritage with professional opportunities.[86] As of 2025, Claure retains full operational control via BAISA while serving as president, steering the club toward greater success in international arenas like the Copa Libertadores, where it has advanced to knockout stages in recent editions.[86][89][90]
Inter Miami CF
In 2018, Marcelo Claure co-founded Inter Miami CF, Major League Soccer's expansion team in Miami, alongside David Beckham, Jorge Mas, and other investors including SoftBank CEO Masayoshi Son.[91][92] Claure held a significant 35% stake in the club, leveraging his position as SoftBank's international CEO to facilitate initial funding and operational support.[93] The group secured MLS approval for the franchise on January 29, 2018, with Inter Miami set to begin play in the 2020 season.[91]
Claure played a key role in the club's launch, contributing to the development of DRV PNK Stadium in Fort Lauderdale, Florida, which opened in 2020 as the team's temporary home venue with a capacity of 18,000.[94] The early years, however, were marked by significant on-field struggles and financial pressures from 2019 to 2021. Inter Miami endured a winless start to its 2020 debut season, going 0-5 before pivoting to high-profile veteran signings like Gonzalo Higuaín and Blaise Matuidi, while facing MLS scrutiny over roster and budget violations that resulted in fines and allocation money reductions.[94] These challenges were compounded by Claure's competing commitments at SoftBank, straining his involvement in the club's day-to-day operations.[95]
In September 2021, Claure sold his stake to Jorge Mas, Jose Mas, and David Beckham, with the transaction valuing Inter Miami at $600–650 million; the sale was influenced by his shifting priorities at SoftBank.[96][14] Post-exit, the club experienced substantial growth, notably signing Lionel Messi in 2023, which elevated its global profile and commercial value under the remaining ownership group.[97]
Girona FC
In August 2020, Marcelo Claure acquired a 35% stake in Girona FC, becoming a co-owner through a strategic partnership with the City Football Group (CFG), which holds 47% of the club, while the remaining 16% is owned by the Girona Football Group led by Pere Guardiola.[98][99] This investment positioned Claure as a board member, where he contributed to the club's strategic direction until stepping down in June 2025, with the Claure Group maintaining representation via Ricardo Sosa Machado.[100] As of 2025, his 35% stake is held through personal and Claure Group entities, reflecting his independent investment vehicle post-SoftBank.[99]
Claure's involvement provided key strategic inputs that propelled Girona's ascent, including enhanced investments in scouting infrastructure and training facilities at the Estadi Montilivi complex.[101] These efforts supported the club's promotion to La Liga in June 2022, achieved by securing sixth place in the 2021-22 Segunda División and defeating Tenerife 3-1 on aggregate in the promotion playoffs.[102] Building on this momentum, the club's focus under co-ownership has emphasized youth development programs and an international talent pipeline, leveraging CFG's global network to identify and nurture prospects from South America and beyond, aligning with Claure's multi-club portfolio.[103]
The strategic enhancements led to Girona's historic third-place finish in the 2023-24 La Liga season, earning qualification for the 2024-25 UEFA Champions League—the club's first-ever participation in Europe's premier club competition.[99] This milestone underscores the synergies in Claure's soccer investments, including brief applications of U.S.-Europe talent exchange insights from his prior Inter Miami CF experience.[103]
New York City FC
In September 2024, Marcelo Claure acquired approximately a 10% stake in City Football Group US Holdco LLC, the entity that owns Major League Soccer club New York City FC and its planned stadium in Queens, New York.[13][104] The transaction, valued at around $150 million based on a $1.5 billion post-money valuation for the club and stadium assets, positioned Claure as a minority owner alongside City Football Group's 80% controlling interest and the New York Yankees' approximately 10% share.[105][106] He was appointed co-vice chairman of the club, granting him a seat on the MLS Board of Governors.[13][107]
Claure's investment was motivated by his passion for soccer and a desire to expand his U.S. soccer footprint following his earlier involvement as a co-founder and co-owner of Inter Miami CF.[108] It also leverages synergies with his existing ownership in City Football Group's global network, including his board membership at Girona FC since 2020, to foster cross-club collaborations and talent development.[13][109] The move emphasizes growth in the New York market, capitalizing on soccer's rising popularity among diverse immigrant communities and the club's home games at Yankee Stadium.[13][110]
As a minority owner, Claure has contributed his business acumen from prior roles at SoftBank and Sprint to support New York City FC's operations, including its 2024 playoff campaign where the team advanced to the Eastern Conference Semifinals.[108][93] His involvement extends to strategic planning for Yankee Stadium game-day enhancements and the development of the new 25,000-seat stadium set to open in 2027.[13][104] As of 2025, Claure remains an active co-vice chairman, attending key matches and focusing on long-term expansion ahead of the 2026 FIFA World Cup.[111][112]
Professional affiliations
Board memberships
Marcelo Claure currently serves on the board of directors of T-Mobile US, Inc., having joined on April 1, 2020, following the merger with Sprint Corporation. As the company's largest independent shareholder, he has played an active role in shaping its post-merger strategy, including contributions to its AI transformation initiatives. He serves on the Compensation Committee and CEO Selection Committee. In fiscal year 2023, Claure received total compensation of $519,236, comprising $168,308 in fees earned or accrued and the remainder in stock awards; an updated non-employee director compensation program effective June 13, 2024, increased the annual cash retainer to $120,000 plus additional committee fees. In June 2024, Claure sold more than 3 million shares of T-Mobile stock over three days, realizing proceeds exceeding $546 million at prices between $179.87 and $180.20 per share.
Claure has been the Executive Chairman and Managing Partner of Bicycle Capital, a Latin America-focused growth equity fund, since June 2023, where he oversees investment decisions and portfolio management for the firm's inaugural $500 million fund targeting high-growth companies in the region.
Since October 2023, Claure has served as Group Vice Chairman of SHEIN, the global on-demand fashion platform, after initially joining as Chairman of SHEIN Latin America in January 2023; in this role, he focuses on enhancing governance, driving regional expansion, and supporting sustainable growth strategies in Latin American markets.
In April 2025, Claure was appointed Partner and Co-Chairman of Brightstar Capital Partners, a U.S.-based private equity firm, alongside CEO Andrew Weinberg; he directs the firm's investment strategy, leveraging his two-decade relationship with Weinberg to pursue middle-market buyout opportunities across sectors like services, industrials, and technology.
Among his past board roles, Claure served on the Sprint Corporation board of directors from January 2014 to April 2020, including as Executive Chairman from May 2018 onward, during which he led operational turnarounds and merger preparations. From 2018 to 2022, as COO of SoftBank Group International, he participated in SoftBank's investment committees, overseeing a $450 billion global portfolio and heading funds such as the $5 billion SoftBank Latin America Fund and the $100 million SB Opportunity Fund focused on underrepresented founders.
Advisory roles
Marcelo Claure was selected as a Young Global Leader by the World Economic Forum in 2007, a recognition that has enabled him to contribute to discussions on technology innovation and economic opportunities in emerging markets.[10][113] Through this affiliation, Claure has advised on strategies to bridge digital divides and foster entrepreneurship in developing regions, drawing from his telecommunications background.[114]
As co-founder and executive chairman of Bicycle Capital, a Latin America-focused growth equity firm launched in 2023, Claure provides informal strategic guidance to emerging startups in the region, leveraging his investment network without taking formal board positions.[70] This advisory involvement supports portfolio companies in scaling operations amid regional challenges.[115]
Claure has actively participated in high-profile forums on global investment trends, serving as a speaker at the SALT iConnections New York conference in 2024 and the Milken Institute Asia Summit in 2025.[116][111] These engagements allow him to share perspectives on venture capital flows and technological disruptions in emerging economies.[117]
Philanthropy
One Laptop per Child
Marcelo Claure co-founded the One Laptop per Child (OLPC) initiative in 2005 alongside Nicholas Negroponte, founder of the MIT Media Lab, with the goal of providing affordable educational technology to children in developing countries.[113][20] As a founding board member representing Brightstar Corp., Claure played a key leadership role in the organization's early development and global outreach efforts.[118] His Bolivian heritage further motivated a strong emphasis on deployments in Latin America.[18]
The initiative developed the XO laptop, a rugged, low-cost device initially targeted at $100 per unit but priced around $200, designed for durability in harsh environments and preloaded with educational software to promote self-directed learning.[119] By the mid-2010s, OLPC had delivered over 2.5 million XO laptops to children in more than 40 countries, including significant programs in Bolivia and Peru that reached hundreds of thousands of students.[120] These distributions aimed to bridge the digital divide by enabling access to interactive learning tools, collaborative projects, and connectivity in underserved regions.[121]
Funding for OLPC came from corporate partnerships, including Intel and Google, which provided technological support and financial contributions exceeding $200 million in total commitments for hardware and development.[122] In the 2010s, amid challenges with hardware scalability, maintenance, and evolving technology needs, the organization shifted its focus from physical laptops to software ecosystems and open-source educational platforms to sustain impact.[123] Claure served as a founding board member.[124]
Despite its goals, OLPC faced criticism for limited measurable improvements in educational outcomes, difficulties in hardware maintenance and teacher training, and questions about cost-effectiveness, with evaluations in countries like Peru showing mixed results on student learning.[125][126]
Project 10Million
In 2016, Marcelo Claure founded the 1Million Project Foundation while serving as CEO of Sprint Corporation, with the initial aim of providing free mobile devices and high-speed internet access to 1 million underserved high school students in the United States to address the homework gap. The initiative partnered with Sprint to supply wireless service and collaborated with hardware donors and educational organizations, such as Teach For America, to distribute resources and support digital equity in low-income communities. By 2017, the project had connected 180,000 students in its first year, focusing on hotspots and data plans tailored for educational use.
Following the completion of the Sprint-T-Mobile merger in April 2020, the 1Million Project was rebranded and significantly expanded as Project 10Million under T-Mobile's leadership, scaling the ambition to deliver free connectivity and devices to 10 million eligible K-12 students nationwide. The program's core goal remains bridging the digital divide by offering 200 GB of premium mobile data annually for up to five years per household, along with a free mobile hotspot device, targeted at students qualifying through programs like the National School Lunch Program, SNAP, or Medicaid. T-Mobile funds the connectivity as part of a $10.7 billion commitment, while device partners and nonprofits contribute hardware and outreach to ensure broad access. Claure's position on T-Mobile's board of directors has helped facilitate these corporate and community partnerships.
Launched amid the COVID-19 pandemic, Project 10Million rapidly expanded in 2020 and 2021 to provide emergency internet solutions for remote learning, distributing hotspots to millions of students facing school closures and limited home broadband. This timely response prioritized immediate educational continuity, with T-Mobile streamlining enrollment processes and partnering with youth organizations like Boys & Girls Clubs of America to reach underserved families during the crisis.
Key milestones include connecting 5.3 million students by early 2023, marking halfway toward the 10 million goal. By late 2024, the initiative had reached over 6.3 million students, delivering nearly $7.3 billion in connectivity value and supporting academic success in rural, urban, and low-income areas. As of 2025, Project 10Million remains ongoing, with Claure recognized as the founder of the originating effort and a continuing advocate through his involvement in T-Mobile's strategic decisions.
Recognition
Awards
Marcelo Claure has received numerous awards recognizing his entrepreneurial leadership, particularly in scaling Brightstar Corp. to global prominence through innovative telecom distribution and services.
In 2001, Claure was named Ernst & Young Entrepreneur of the Year, and inducted into its Hall of Fame in 2010, for driving Brightstar's expansion into numerous countries, achieving annual revenues of $7.2 billion in 2013 and employing over 10,000 people worldwide.[16][127]
He has been recognized among the most influential Hispanics by Hispanic Business Magazine, including in 2010, acknowledging his strategic vision in telecommunications and device distribution that propelled Brightstar to become the largest Hispanic-owned business in the U.S.[128][129]
In 2025, Claure was named one of the 101 Most Influential Latinos by Latino Leaders Magazine.[130]
Honors
In 2007, Marcelo Claure was selected as a Young Global Leader by the World Economic Forum, recognizing his bold entrepreneurial efforts in emerging markets and education initiatives, such as co-founding One Laptop per Child to bridge the digital divide for underserved children worldwide.[128][10]
Claure was inducted into the Immigrant Learning Center's Immigrant Entrepreneur Hall of Fame for his remarkable success as a Bolivian immigrant who built a global business empire while contributing to economic opportunities in the United States.[7][16]
In 2016, he received the Carnegie Corporation of New York's Great Immigrants Award, honoring his philanthropic impact through One Laptop per Child, which delivered educational technology to millions of children in developing regions, and his broader societal contributions as an immigrant leader.[131]
These honors underscore Claure's commitment to social equity, exemplified by One Laptop per Child's delivery of over 2 million low-cost laptops to students in more than 60 countries by the late 2010s, fostering global access to learning tools.[1]
Personal life
Family
Marcelo Claure was previously married in the late 1990s or early 2000s, with whom he has two children: a son and a daughter.[132] He married Jordan Engard in 2005, and the couple has four daughters. Together, Claure and Engard have built a family of six children while maintaining a strong emphasis on privacy, rarely sharing personal details beyond occasional public acknowledgments of milestones.[9]
Claure's children have pursued education within the U.S. system, reflecting the family's long-term base in the country. The Claure family supports philanthropic initiatives through the Claure Family Foundation, a 501(c)(3) organization focused on charitable causes, where family involvement is evident in broader giving efforts, though specific event participations remain private.[133]
To balance his demanding career, Claure has relocated his family in alignment with professional opportunities, such as moving from Miami to Kansas City in 2014 with his wife and young children upon becoming CEO of Sprint Corporation.[83] These transitions have allowed the family to adapt to his global business roles while prioritizing stability for the children. The family's Bolivian heritage, inherited from Claure, influences their cultural identity.[9]
Residence and citizenship
Marcelo Claure maintains his primary residence in Miami Beach, Florida. He owns a townhouse in New York City's West Village neighborhood, purchased for $28 million in 2017.[134] He also owns multiple luxury properties in Miami, including a waterfront lot on North Bay Road acquired for $11.1 million in 2020, which he later listed with plans for a custom estate, and previously sold a Miami Beach mansion for $32.25 million in 2021. In May 2025, he sold an Aspen, Colorado, property for $37.3 million.[135][136][137][138] In La Paz, Bolivia, Claure maintains strong personal ties through family roots and philanthropic initiatives, including a foundation house established in 2019 to support at-risk children.[139][140]
Claure holds dual citizenship, having been born in Guatemala to Bolivian parents and becoming a naturalized U.S. citizen.[25][7][141] His lifestyle reflects his global business commitments and passion for soccer, involving frequent international travel.[9] In New York and Miami, he engages with local social scenes through high-profile events.[104]
Claure's assets include an extensive collection of luxury homes across these locations and a notable art collection, which underscores his estimated net worth of $2.4 billion as of November 2025.[9] His philanthropic efforts are linked to his residences, supporting education and youth programs in Miami and New York, and child welfare in La Paz through the Marta Bedoya de Claure Foundation.[
Disclaimer: This profile is based on publicly available information. No endorsement or affiliation is implied.
Join UHNWI direct Affiliate Program
Earn Passive Income by Sharing Verified Contact Information of Billionaires, Centi-Millionaires, and Multi-Millionaires on the UHNWI Direct Platform
Maximize your earnings potential by sharing direct and validated contact information of the ultra-wealthy, including billionaires, centi-millionaires, and multi-millionaires. Join the UHNWI Direct platform and tap into a lucrative passive income stream by providing valuable data to those seeking high-net-worth connections. Start earning today with UHNWI Direct.
You may also be interested in reviewing other UHNWIs profiles.
To find the person you want to contact, start typing their name or other relevant tags in the search bar.
Please note: Our database contains over 10,000 direct contacts of UHNWIs, and it is highly likely that the individual you are seeking is already included. However, creating individual profiles for each contact is a meticulous and time-intensive process, So, if you are unable to find the profile of the individual you are looking for, please click here.
Filter by Net Worth: All | Billionaires | Centi-Millionaires | Multi-Millionaires
Filter by Location: All | USA | Canada | Europe | UK | Russia & CIS | Asia | MEIA | Australia | Latin America
Filter by Age: 1920-1930 | 1930-1940 | 1940-1950 | 1950-1960 | 1960-1970 | 1970-1980 | 1980-1990 | 1990-2000
Related People
UHNWI direct
