Author of the book Fogo Island Inn and well-known Canadian financial manager, Zita Cobb. With the aid of her brothers, Cobb, a pioneer in the field of social business, launched Shorefast. To make use of the benefits locally, she likely established the Fogo Island Inn as a social venture through the Shorefast company. Zita Cobb’s plea for Canada in acknowledgment of her contribution was approved by the Canadian government due to her success and dedication to preserving Fogo Island’s historic ecosystem.
|Fogo Island, Canada
|64 years approx
|F. Cobb Junior
Zita Cobb Net Worth
Zita Cobb has a net worth of $12 million, according to estimates. Zita’s exact net worth is still being ascertained. She is the owner and the driving force behind the creation and management of the famed Fogo Island Inn, hence it is believed that she has assets worth more than $12 million.
Prior to taking over the inn, she must have acquired substantial wealth from her successful IT job as well. In order to strengthen the island’s economy, create employment, and preserve its culture and traditions, she invested $40 million in a luxurious inn.
In May 2021, Zita Cobb, the creator of Fogo Island Inn, received a recognition award from the Canadian Business Hall of Fame. She was honored with the Order of Canada in 2016 for her work with the Shorefast Foundation on Fogo Island.
Childhood and Career of Zita Cobb
Eighth generation Fogo Islander Cobb. Cobb has six brothers and his father was an inshore fisherman. She was reared in a home without running water or electricity.
Zita Cobb battled TB when she was six years old and overcame it, which she attributes for the confidence she eventually brought to her painting. Cobb received a business degree from Carleton University in Ottawa. Popular Canadian activist Zita Cobb is also known by her maiden name. Zita cobb age group knows her as a prominent advocate. We highly encourage you to view the whole list of well-known activists.
Individual Life of Zita Cobb
Robert F. Cobb Jr., a well-known businessman, is Zita Cobb’s husband. They had been together for a while and are now blissfully married.
They have three siblings, but we don’t know their names or identities yet. Her spouse, Robert, has also concealed his identity and maintained a low profile. Zita Cobb, a native of Fogo Island and a wealthy entrepreneur, is the wife of Robert and is highly recognised. She received a renowned business prize, one of just four recipients in Canada.
With one remarkable exception—a $40 million luxury inn built by eighth-generation islander Zita Cobb—Fogo Island, off the coast of Canada, appears to have been constructed solely for the purpose of catching and storing fish.
Zita Cobb’s reputation was well-known thanks to her employment in the IT industry. Prior to relocating to Silicon Valley, she worked in the fiber optics industry. There, she advanced to become the third highest-paid female CEO in the country.
Zita Cobb had a successful career in IT before returning to her birthplace to work on increasing the local economy and preserving the island’s history and culture.
FAQ’s on Zita Cobb Net Worth
What was Zita Cobb’s source of income?
She eventually found employment in 1989 with Ottawa-based JDS Fitel, a business that specialized in fiber-optic equipment, following graduation, a series of other positions at oil corporations in Alberta, and time spent traveling around Canada and Africa. Cobb served as CFO by the time the business amalgamated with Uniphase in 1999.
Zita Cobb did what?
founder and CEO of Shorefast and the proprietor of the Fogo Island Inn
The Fogo Island Inn’s innkeeper and founder, Zita Cobb, is also the CEO of Shorefast. Zita made history in 2021 when she became the first social entrepreneur to be admitted to the Canadian Business Hall of Fame.
Why did Zita Cobb leave her CFO position?
As a result, we divided our attention and efforts between connecting with the local community and the outside world. – I brought too much from my previous regular business life into this engagement with the community. My experience in technology has trained me to move quickly. I’ve had to take it easy.