Asher Raphael Net Worth 2026: Power Home Remodeling Co-CEO

No reputable publisher has estimated Asher Raphael's net worth. The $35.5 million figure that used to lead this page had no source and looks far too low given what has since been reported, but we do not replace it with a guess of our own. What is documented: Raphael is co-CEO of Power Home Remodeling, which he joined as a salesman in 2003 and which grew to $1.24 billion in revenue by 2024, according to Qualified Remodeler. In 2026 the company took a growth investment from Bain Capital, Sixth Street and Harvest Partners, and The Real Deal reported that Raphael bought a $72 million waterfront mansion in Miami Beach.

What is Asher Raphael's net worth?

There is no estimate from Forbes, Bloomberg, Celebrity Net Worth or a major newspaper. Power Home Remodeling is privately held, and neither its valuation nor Raphael's ownership stake has been disclosed. The 2026 announcement said Harvest Partners' funds remain the largest investor.

The clearest public evidence of his wealth is property. The Real Deal reported in August 2026 that he paid $22.9 million for a house on North Bay Road in Miami Beach in 2023 and then bought the new mansion next door for $72 million, giving him 1.3 acres of contiguous waterfront. Buying roughly $95 million of homes suggests a fortune far beyond the old $35.5 million estimate, but the amount is still not public.

Asher Raphael's yearly income and salary

His pay is private. The previous version of this page gave a yearly income of $750,000 with no source; that has been removed. Executives at private companies are usually rewarded mainly through equity, and neither his salary nor his stake has been reported.

One related figure is public: an August 2026 company release said Power paid a $360 million bonus to employees tied to the 2026 private equity investment, distributed with no vesting period.

Power Home Remodeling: the business he runs

• What it does: exterior home remodeling. It calls itself the largest full-service exterior home remodeler in the U.S.
• Headquarters: Chester, Pennsylvania.
• Size: more than 5,000 employees and over one million customers served across 26 territories as of May 2026; a later release said 27 territories.
• Revenue: $8 million in 2004 and $1.24 billion by 2024, according to Qualified Remodeler.
• 2026 investment: growth capital from Bain Capital, Sixth Street and Harvest Partners Structured Capital, announced May 4, 2026.

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Career: from salesman to co-CEO

Raphael and his best friend Corey Schiller both started at Power in August 2003 in entry-level jobs. American University's alumni magazine reported that the opportunity came through Raphael's brother, who already worked at what was then a small home improvement company, and that the two friends mainly wanted jobs that let them keep working together. The Real Deal says he started as a salesperson.

The pair describe their path in phases: first building the team person by person, then taking on company-wide leadership as Power expanded, doubling in size roughly every two and a half years from 2009. They now run it together as co-CEOs.

The company has been widely recognized as an employer. Time highlighted it in 2015 as a top workplace for millennials, it ranked No. 14 on Fortune's 2025 100 Best Companies to Work For list, and in August 2026 Glassdoor ranked Raphael and Schiller No. 14 among its 50 Best CEOs, based on employee reviews.

Recent changes (2025-2026)

2026 has been a big year. In May, Power announced the Bain Capital, Sixth Street and Harvest Partners investment and the employee bonus that went with it. In August, the Glassdoor award followed, and The Real Deal reported the $72 million Miami Beach purchase. The same release said Power joined Pledge 1% in 2026 after directing $4 million to community causes.

Early life and education

Raphael grew up in New York and graduated from American University in Washington, D.C., in 2002 with a degree in political science from the School of Public Affairs. He played on the university's soccer team, where he met Schiller. He has spoken openly about being dyslexic and said he chose American partly because of its learning support center.

The earlier version of this page described his childhood in general, unsourced terms. That text has been removed.

Asher Raphael's wife

We found no reputable published source naming his spouse, so we do not state one.

Age and height

He graduated from college in 2002, which suggests he was born around 1980, but his exact birth date has not been published. The earlier height and weight figures had no source.

Compared with other executives

Raphael is one of a handful of executives profiled here whose wealth is tied to a privately held company, along with Brett David of Prestige Imports and Benny Klepach of 3Sixty Duty Free. None of them has a verified published net worth.