Richest Car Dealers When it comes to the automotive industry, there are certain titans who have not only conquered the roads but also amassed incredible fortunes along the way. These automotive magnates have left an indelible mark on the car dealership landscape in America, shaping the way people buy and experience automobiles. From iconic brands to legendary customer service, their achievements have redefined the art of selling cars.
1 Bryan Deboer
Networth: $76.89M
Bryan DeBoer The Driving Force Behind Automotive Excellence. Discover the visionary leader steering the course of automotive success. Learn about Bryan DeBoer’s journey to becoming a prominent figure in the car industry.
2. Larry Van
Networth: $3.5 billion
Discover the legacy of Larry Van Tuyl’s Van Tuyl Group, renowned for its unrivaled reputation in the automotive retail sector. The Van Tuyl Group’s history dates back to 1955, and it has since expanded its reach, acquiring numerous dealerships across the country. The group’s commitment to customer satisfaction and a customer-first approach has solidified its position as one of the wealthiest car dealerships in America.
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3. Rick Hendrick’s Hendrick Automotive Group: Driven by Success
3. Rick Hendrick’s
Networth: $1 billion
Experience the success story of Rick Hendrick’s Hendrick Automotive Group, a dominant force in the automotive industry. With a passion for cars and racing, Rick Hendrick ventured into the dealership business and built an empire of dealerships representing various brands. The group’s dedication to delivering top-notch customer service and fostering a strong company culture has propelled its growth and prosperity.
4. Roger Penske
Networth $3.7 billion
Enter the world of Roger Penske’s Penske Automotive Group, a trailblazer in the automotive retail business. With keen business acumen and a passion for automobiles, Roger Penske has expanded his empire to encompass a vast network of dealerships, offering a wide selection of vehicles and top-notch service. The group’s commitment to innovation and efficiency has contributed to its tremendous success.
5. Wayne Huizenga
Networth $2.8 billion
Uncover the impact of H. Wayne Huizenga’s AutoNation, a groundbreaking concept that revolutionized the automotive retail landscape. AutoNation’s innovative approach brought together numerous dealerships under one unified brand, streamlining operations and elevating the customer experience. With a focus on transparency and value, AutoNation has earned its place among the wealthiest car dealerships in America.
6. Norman Braman
Networth: $1.9 billion
the luxury car king of Florida and one of the most successful car dealers in the US has a net worth of $1.9 billion.
7. Billy Joe McCombs
Networth: $1.93 billion
Billy Joe McCombs also known as Red McCombs, founder of Red McCombs Automotive Group in San Antonio, Texas, and co-founder of Clear Channel Communications, had a published net worth of $1.93 billion.
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8. Tom Benson
Networth: $1.63 billion
Better known for his ownership of the New Orleans Saints and New Orleans Pelicans, but his fortune originated from his auto dealership profits spawning between New Orleans all the way to San Antonio, which he then invested in local banks. He passed away 2018 but to this day he still remains ones of the moguls of auto dealers.
9. Dan Friedkin
Networth: $3.2 billion
Owner and chairman of Gulf States Toyota, which he inherited from his father Thomas. He has the exclusive rights to import and distribute Toyotas in all of Texas, Arkansas, Louisiana, Mississippi, and Oklahoma. In 2019 the company reported over $9.4 billion in sales.
10. Earl Hesterberg
Networth: $49 Million
Earl Hesterberg is a distinguished figure in the automotive industry, renowned for his leadership as the CEO of Group 1 Automotive. With an illustrious career spanning decades, Hesterberg has played a pivotal role in steering Group 1 Automotive into becoming a powerhouse in the automotive retail sector. Under his guidance,
the company has expanded its footprint both within the United States and internationally, solidifying its reputation as a prominent player in the automotive retail landscape. Hesterberg’s strategic vision and unwavering commitment to excellence continue to shape Group 1 Automotive’s success story, making him a respected leader in the industry.
