Roberto Nicolia is the CEO and President of Nicolock Paving Stones, a privately held New York-based manufacturer of interlocking paving stones and retaining wall systems. Based on publicly available business signals, including a confirmed $25 million plant expansion, multiple corporate entities under his name, and documented aircraft ownership, a reasonable net worth estimate for Roberto L. Nicolia falls somewhere in the range of $10 million to $40 million, though no verified personal financial disclosure exists to pin down a precise figure.
Roberto Nicolia Net Worth: Verified Estimates, Sources
Marcus Fielding
11 Jun 2026
Which Roberto Nicolia are we talking about?
The name Roberto Nicolia surfaces in a few different contexts online, so it is worth being specific before jumping to any financial estimate. The primary individual in public records is Roberto L. Nicolia, consistently identified as CEO and President of Nicolock Paving Stones LLC, headquartered in Lindenhurst, New York. He appears across multiple credible business directories, court documents, industry foundation rosters, and company catalogs in that same role, which makes the identity clear and consistent.
A second context worth flagging: public records also show a Roberto Nicolia described as "Oakledge principal" in connection with a mixed-use development project in East Haven, Connecticut. Whether this is the same person expanding into real estate ventures or a coincidence of names is not definitively confirmed in public sources, but the overlap is worth noting if you are researching the full scope of his business activity.
There is also an important legal note. A 2019 court case, reported by Newsday and corroborated by local publications, describes a Roberto Nicolia, identified as chief executive of Nicolia LLC, pleading guilty to income tax evasion in federal court in Central Islip. This refers to a Nicolia-connected entity and the same individual. It is a matter of public record and relevant to any honest net worth discussion, since tax evasion cases often involve unreported income and can affect how financial estimates are interpreted.
What public data says about his income and earnings
Nicolock Paving Stones is a privately held company, which means it does not file public earnings reports with the SEC. That limits hard data on revenue and margins. However, a Business North Carolina report directly quotes CEO Roberto Nicolia and states the company planned a $25 million investment to build a new plant in Concord and expand into Durham, North Carolina. A capital commitment of that size, made by a regional manufacturer, signals a company with substantial annual revenue, likely in the range of tens of millions of dollars.
Roberto L. Nicolia also appears as the named contact for Nicolock Paving Stones LLC in the Department of Transportation's motor carrier registry (DOT# 2285411), which provides some operational context, including fleet size and mileage data. This kind of infrastructure footprint is consistent with a mid-to-large regional building materials operation.
On top of Nicolock, public records and business directories connect Roberto L. Nicolia to at least three other corporate entities: Nicolia Concrete Products, Inc. (incorporated April 1991), Nicolia Industries, Inc. (incorporated January 1996), and Nicolia Brothers Corp. Each adds a potential income and asset layer, though specific financials for these entities are not publicly disclosed.
One more earnings signal: a FlightAware photo caption identifies an aircraft as owned by Roberto Nicolia, CEO and President of Nicolock Paving Stones. Private aircraft ownership in the U.S. typically implies substantial personal income, since even modest piston aircraft represent six-figure assets, and business jets run well into the millions.
How net worth is calculated for a private business owner
Net worth equals total assets minus total liabilities. For a private business owner like Roberto Nicolia, the biggest single asset is almost always the business itself. Since Nicolock is not publicly traded, its value has to be estimated, typically by applying a revenue or earnings multiple common in the building materials industry. Privately held manufacturers in the U.S. often trade at 4x to 8x EBITDA (earnings before interest, taxes, depreciation, and amortization) or at roughly 0.5x to 1.5x annual revenue, depending on margins and growth trajectory.
Beyond the core business, a complete net worth picture would include personal real estate holdings, other business equity (the multiple Nicolia-branded entities), liquid assets like savings and investment accounts, and personal property including any registered aircraft. Against that, you would subtract any personal or business debt, mortgages, and outstanding liabilities. For someone with a tax evasion guilty plea on record, there may also have been financial penalties or restitution payments that reduced net assets at the time of the case.
Because none of these figures are publicly reported for Roberto Nicolia personally, any net worth estimate is assembled from indirect signals rather than confirmed data. That is standard practice for private individuals, and it is the methodology used across this site for similar subjects.
Estimated net worth range and what drives the number
Taking the available signals together, a working estimate for Roberto L. Nicolia's net worth sits in the $10 million to $40 million range. Here is how the components stack up:
| Asset / Factor | Estimated Contribution | Confidence Level |
|---|---|---|
| Nicolock Paving Stones equity stake | $8M – $30M | Moderate (inferred from $25M expansion signal) |
| Other Nicolia corporate entities | $1M – $5M | Low (limited public data) |
| Real estate and personal property | $500K – $3M | Low (no confirmed property records cited) |
| Aircraft and personal assets | $500K – $2M | Moderate (publicly documented aircraft ownership) |
| Liabilities and legal costs | ($1M – $5M) | Low (tax evasion case, unknown penalty amounts) |
The lower end of $10 million reflects a conservative business valuation and accounts for potential legal or financial penalties. The upper end of $40 million assumes Nicolock is a healthy, growing company with strong margins, which the $25 million capital expansion does suggest. To put that in context, $25 million is roughly the cost of 80 to 100 average U.S. single-family homes at 2024 median prices, so committing that much capital to a single expansion project implies meaningful financial backing.
Where to verify and how to judge the accuracy of any number you see
Since Roberto Nicolia is a private individual running private companies, there is no single authoritative source for his net worth. You can use the same approach when researching ruben nicolai net worth, focusing on primary records and liabilities rather than guesses. For Dr. Venus Nicolino, the approach is similar, but the available public signals and assumptions can differ net worth. If you want to judge how credible an alex nicol net worth estimate is, focus on the underlying business valuation signals and any disclosed liabilities Roberto Nicolia's net worth. But you can triangulate from real primary sources:
- New York State Division of Corporations (DOS): Search for Nicolia Concrete Products, Nicolia Industries, Nicolock Paving Stones LLC, and Nicolia Brothers Corp. to confirm incorporation dates, registered agents, and filing status.
- Federal court records (PACER): The 2019 tax evasion case and the civil case referencing Nicolock as a manufacturer (Case 3:04-cv-01577-JBA) are both accessible and provide verified biographical and business details.
- FAA Aircraft Registry: If you want to confirm the aircraft asset referenced in public sources, the FAA registry at faa.gov allows searches by owner name.
- FMCSA Motor Carrier database: DOT# 2285411 for Nicolock Paving Stones LLC provides operational fleet data that helps gauge the scale of the business.
- Bloomberg LEI Directory: The Nicolock Paving Stones LLC LEI record (54930045TVO9MSPGXU60) can be used to cross-reference the corporate entity in global financial compliance systems.
- ICPI Foundation and CMHA annual reports: These confirm Roberto Nicolia's ongoing industry leadership role as recently as 2025, which is useful for verifying identity continuity and continued business activity.
When evaluating any net worth figure you encounter on other sites, ask two questions: what primary source does it cite, and does it account for liabilities? Most speculative figures floating around the web for private business owners ignore debt entirely, which inflates the number. A figure in the $10M to $40M range grounded in business scale signals is more defensible than a single round number with no methodology attached.
Recent updates and how his wealth picture may be shifting
The most significant recent data point is the $25 million North Carolina expansion. If that investment is successfully generating returns, it meaningfully increases Nicolock's revenue base and, by extension, the value of Roberto Nicolia's equity stake. Business North Carolina covered this as a growth story, which suggests the company was in good enough financial health to fund a major geographic expansion, something that would push his net worth toward the higher end of the estimated range.
His appearance in the 2024 and 2025 CMHA annual reports, alongside the 2024 Nicolock catalog crediting him as CEO and President, confirms that he remains actively involved in running the business through at least 2025. That continuity matters for wealth estimates because it suggests no ownership transition or major leadership change has occurred that might trigger a buyout or dilution of his stake.
The 2019 tax evasion guilty plea is the main downside event in the public record. Depending on the penalties, restitution, and any related civil liabilities, this would have reduced his net worth at the time. However, given the continued business activity and investment capacity visible in subsequent years, it does not appear to have fundamentally impaired the Nicolock operation.
If you are tracking this number over time, the best signals to watch are: any new Nicolock corporate filings in New York or other states, reports of facility openings or closures, and any new court filings tied to the Nicolia corporate family. Those are the events most likely to move the needle on a private business owner's wealth in a meaningful and verifiable way.
For context, this site covers a range of individuals with similar name variations. Others in the Nicolas and Nicolia name family, from public figures in entertainment and media to business operators, often present similar research challenges: limited public financial disclosure, multiple overlapping corporate entities, and wealth estimates that depend heavily on private business valuations. The methodology here is the same across all of them: build from confirmed business signals, flag estimates clearly, and rely on primary sources wherever possible.
FAQ
How can I tell whether different “Roberto Nicolia” listings online are the same person before using them for net worth research?
Start with identifiers that are unlikely to be reused, like the middle initial (Roberto L.), the exact company title (CEO and President), and the city and state pairing (Lindenhurst, New York). Then confirm that the business entity name matches across databases (for example, Nicolock Paving Stones LLC) rather than relying on a generic “Nicolia” match.
Does the $25 million plant expansion automatically mean Roberto Nicolia’s personal net worth is close to $25 million?
No. The expansion is company capital, not necessarily personal cash. For net worth, you care about how that spend translates into company equity value (profitability, debt level, and return on investment) and the percentage ownership he holds personally.
Why do some websites list a much higher or lower Roberto Nicolia net worth than the $10 million to $40 million range?
Most mismatches come from ignoring liabilities, valuing the business too optimistically (using revenue multiples without margin context), or treating “asset signals” like aircraft ownership as personal wealth instead of a mix of personal and business-held assets and debts.
What liabilities should I look for when estimating a private owner’s net worth to avoid inflated numbers?
Focus on business debt (term loans, equipment financing, liens), personal mortgages on any real estate, unpaid tax assessments, and any judgments or civil claims that could attach to assets. Even if the income level seems high, debt and legal exposure can reduce net worth materially.
How does the 2019 income tax evasion guilty plea affect a net worth estimate over time?
It is most relevant as a potential “shock” event. Penalties, restitution, interest, and any civil follow-on can reduce net assets, but the lasting impact depends on whether the company continued to generate cash and whether payments were resolved without large ongoing obligations.
If Nicolock Paving Stones is private and not SEC-reporting, what primary signals are still useful?
Use verifiable operational and corporate signals like confirmed capital investment announcements, DOT motor carrier registry entries, state corporate filings that show status changes, and documented facility activity. These do not give net worth directly, but they help constrain revenue scale and stability.
Can I use aircraft ownership as a proxy for personal wealth for Roberto Nicolia?
Only as a weak signal. The aircraft might be owned personally or through an entity, it can be financed, and it may have depreciation and maintenance costs. A better approach is to combine the asset clue with debt and ongoing business cash flow indicators.
Do the additional Nicolia-branded companies (concrete products, industries, brothers) mean Roberto Nicolia has more personal wealth?
Potentially, but you need to determine how much equity he actually owns in each entity and whether those companies are profitable and debt-light. Separate entities can mean diversification, but they can also represent holding structures with limited net distributable value.
Is it possible that the “Oakledge principal” Roberto Nicolia is a different person, and how would that change the net worth estimate?
Yes, name collisions happen. If it is a different person, then any assumptions about real estate expansion, development profits, or related assets would be misattributed. That would typically move the estimate downward or make it less certain, because the additional income and asset layer would not be attributable to Roberto L. Nicolia.
What is the most practical way to track whether Roberto Nicolia’s net worth estimate should move up or down year to year?
Watch for changes that affect business valuation inputs: new facility openings or closures, additional large capital expenditures, significant changes in corporate status or leadership, and any new court filings tied to Nicolia-related entities. Those events tend to be the clearest drivers of equity value for private owners.
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