Amerex Oil Associates

Jacobs' oil brokerage hit $4.7B in bookings by the time he was 27

Brad Jacobs started oil brokerage Amerex Oil Associates at 23; within four years it was doing $4.7 billion in gross oil bookings, and he later sold it for around a billion dollars.

“by the age of 27, AmarEx, his oil business, was doing $4.7 billion in gross, uh, gross oil bookings, meaning he would— that's how much oil they're buying and, uh, and selling. Now I imagine his company kept a tiny percent of that, like 1 or 2 or 3%, but incredibly impressive for a young guy.”