Despite all that, Penske wouldrank only fifth at best in terms of the richest people closely involved with the IndyCar series. sports category (assuming no other crossovers would be applicable), hed be tied for 14th. Roger Searle Penske (born February 20, . At the same time, her fathers net worth is estimated to be $2.9 billion. Although his ownership of IndyCar and IMS represent a relatively small portion of his global automotive enterprise, IndyCar has seen its own boon, and at the same time Penskes personal wealth has surged even higher. After getting his start in competitive racing in the sport of hillclimbing, Penske did road course racing in Porsches. According to Celebrity Net Worth, Mike Pence is worth a smooth $1 million. The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. He also known as Roger Penske. There's also Penske Entertainment Corporation, which is the parent company of the Indianapolis Motor Speedway, which Penske purchased in 2019. . He first caught the entrepreneurial bug from his father Jay, who served as a corporate executive for a metal company. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. In 1973, the team recorded its first NASCAR win. Though, he is 1.70 m tall, he weighs about 70 kg. a Presidential Medal of Freedom, which President Trump declared in June 2019. This was the beginning of Roger Penske's net worth: it may have been small but still significant. Greg Penske's grandparents: Greg Penske's grandfather was Gordon Stouffer Greg Penske's grandmother was Ina Mae Marshman Greg Penske's grandfather is Julius H Penske. no insider transaction in Ares Capital Corp (ARCC). The data as of Thursday lists the 84-year-old as worth $2.9 billion, the 1,161st-richest person in the world and No. In other awards, Penske won the 1990 Golden Plate Award of the American Academy of Achievement. Presently, Gregory W. Penske holds the position of Chairman, President & Chief Executive Officer of Penske Motor Group, Inc. Mr. Penske is also on the board of 6 other companies. Jennifer Newsom is an American Actress and Documentary Filmmaker best known for writing, Who is Luke Bryan? Because Forbes doesnt go past No. Plus: The United Arab Emirates wants to shake up cricket globally. 64 in the country. Stephen B. Oveson who was a minister of the LDS Church officiated the marriage ceremony. In addition to this, she has two step-siblings named Roger Penske Jr. and Greg Penske from her fathers former marriage with Lisa Penske. of 4,389 shares made by Shane M. Spradlin Over the last 15 years, insiders at Penske Automotive Inc have traded over $149,788,878 worth of Penske Automotive Inc stock and bought 12,490,364 units worth $537,630,461 When Roger joined the now-defunct Marlboro Motor Raceway in Upper Marlboro, Maryland, he began his career in racing in the early 1960s. Brandons father is a retired employee of a New York-based insurance company named Mony Life where he served as the vice-chairman of the sales department. Jay, Gregory, Mark, and Roger Jr. are their sons whereas Blair is their only daughter. Furthermore, Birmingham is a great place to reside and suitable for an ideal lifestyle. On the national stage, he was awarded a Presidential Medal of Freedom in 2019. As of 2021, Blair is 40 years old and was born in 1980. Like so many American professional sports franchise owners, Simons largest source of his net worth is outside sports (real estate), so his $3.4 billion net worth isnt ranked there. Departing Mon, 1 May, returning Tue, 16 May. Without a little risk in your life every day, you start to get sloppy, and that is something I don't want to be. In 2020, he endorsed Trump in the presidential election. He shared that he enjoyed reading the financial statements as if they were some great books. In 2015, Gregory was again in the limelight for being one of the highest-rated CEOs in the list published by Glassdoor. During college, he worked for Bill Piercey. Past performance is a poor indicator of future performance. By MIKE PENNER. His career began in the late 90s, and he quickly became a legend in the racing community. , On this Wikipedia the language links are at the top of the page across from the article title. Whats more, it represented a near-doublingof his net worth from April 2020 to April 2021, falling in line with the trend of Americas richest billionaires, who collectively saw their fortunes increase 40% from the summer of 2020until last month. Ares Capital Corp (ARCC) . NFL commissioner Roger Goodell answered a lot of questions Wednesday at his yearly Super Bowl news conference. On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,839,169. Penske is a smart and intelligent woman. Political activities. He has worked as the crew chief for Robby Gordon Motorsports, Roush Fenway Racing, Team Penske, and Wood Brothers Racing at the NASCAR Cup Series, and for Penske in the NASCAR Xfinity Series. In this weeks SportsMoney Playbook: the most valuable soccer teams, the WNBA's possible prisoner swap, and behind the scenes with All Elite Wrestling. The couple graduated from Cornell University, where they met. Maribel Guardia is a Costa Rican actress, singer and TV presenter well known for her Who is Jennifer Siebel Newsom? Also, anything about her profession is not available. Penske has also been inducted into the Indianapolis Motor Speedway Hall of Fame; the Automotive Hall of Fame; the Sports Car Club of America Hall of Fame; and the NASCAR Hall of Fame. Roger Penske's former in laws: Roger Penske's former grandfather in law was Abraham Stouffer Roger Penske's former father in law was Gordon Stouffer Roger Penske's former mother in law was Ina Mae Marshman Roger Penske's former step-father in law is Homer H Marshman Roger Penske's former step-mother in law is Mary Stouffer Roger Penske's former . After graduating from Shaker Heights High in 1955, he attended Lehigh University in Bethlehem, Pennsylvania. Gregory is currently the chairman and CEO of the Penske Motor Group, which their father owns. He was so into these games that while playing lacrosse, he played as an All-American midfielder, and while playing soccer, he played as an All-American striker. She has been in the media spotlight as the heiress to the billionaire father Rogers fortune as well as one of the American celebrated media personalities.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-box-3','ezslot_7',150,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-box-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-box-3','ezslot_8',150,'0','1'])};__ez_fad_position('div-gpt-ad-biographytalks_com-box-3-0_1');.box-3-multi-150{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. If you do not know, We have prepared this article about details of Roger Penske's short biography-wiki, career, professional life, personal life, today's net worth, age, height, weight, and more facts. All Rights Reserved. Over the past 18 months, Where Does Roger Penske Live? Roger Penske is best known for creating one of the most successful teams in NASCAR and IndyCar Series racing. Submit a correction suggestion and help us fix it. Gregory, Blair, Mark, and Jay Penske. His achievement has been built on a foundation of hard effort. However, she has two step-siblings, Roger Penske Jr. and Greg Penske, from her fathers first wife, Lisa Penske. Reflects change since 5 pm ET of prior trading day. Awards (1) Awarded Motorsports Hall of Fame of America . In summary, during the past 3 months, insiders sold 6,418 shares of Penske Automotive Group Inc (PAG) in total and bought 0 shares, with a net Penske, who couldn't be reached for comment, planned to convert the church into a home for his family, with a rooftop deck and four-car garage. He's a 1959 graduate of Lehigh University in Pennsylvania, where he was likewise an associate of the Phi Gamma Delta fraternity. Gregory W Penske made If not much, we have compiled all you need to know about Roger Penske's net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. Roger Penske's income source is mostly from being a successful Miscellaneous. Penske was behind two NASCAR Cup Series Championships in 2012 and 2018, and took three Daytona 500 titles in 2008, 2015, and 2022. Other key executives at Penske Automotive Group Inc include Later, in 2012, he won his first NASCAR Sprint Cup Championship with driver Brad Keselowski. 2023 www.indystar.com. Gregory Penske is the chairman/CEO of Penske Motor Group, which owns and operates Toyota, Lexus and Mercedes-Benz dealerships in California and a Toyota dealership in Texas. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. 12 Ford in the Cup series. The marriage took place in Bountiful Temple in Bountiful, Utah. About 70% of revenue comes from the motorsports segment, which includes lucrative broadcasting rights. Another son, Jay, has created a booming media empire of his own. 0 1,220 . Claudia Alende Bio, Age, Net Worth, Boyfriend, Parents, Siblings, Height, & College. As a teen, Penske purchased old cars, fixed them up, and sold them at a profit from his family's house. International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. After inquiring, he brought it by spending all his savings along with some loan. He is the Indianapolis Motor Speedway owner, DJR Team Penske, Team Penske, the Penske Corporation, IndyCar, and others. Roger Penske's diverse business portfolio consists solely of his business ventures, which include the owner of a car racing team and a car manufacturing corporation. of 11,418 shares. He has a net worth of 1.5 billion dollars. She also earns a massive amount of income from personal endeavours. Foyt Racing in 2005 and served as one of the teams major backers through 2019. Gregory W Penske is the director of International Speedway Corp. Roger Penske is an American Businessman who has a net worth of $2.6 billion. However, the exact details of her net worth are still unknown. sale if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographytalks_com-leader-4','ezslot_14',162,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-leader-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographytalks_com-leader-4','ezslot_15',162,'0','1'])};__ez_fad_position('div-gpt-ad-biographytalks_com-leader-4-0_1');.leader-4-multi-162{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:15px!important;margin-left:auto!important;margin-right:auto!important;margin-top:15px!important;max-width:100%!important;min-height:250px;min-width:250px;padding:0;text-align:center!important}But the couple seems as happy as ever in many photos taken during their outings. Mr. Smith owns over 1,531 units of Penske Automotive Inc stock worth over $218,581 and over the last 19 years he sold PAG stock worth over $1,620,700. Regarding her educational and academic background, Blair graduated from Cornell University. Who is the CEO of Penske? He was determined to start building a business career like his father before he was twenty-five by owning his dealership. When is Penske's next birthday? Penske attended the Episcopal Academy in Philadelphia and graduated from Cornell University in 1984, where he earned a degree in business management. The company she started with her late husband, Ken, joined as a dedicated sponsor of A.J. Previously, he served on the boards of the Home Depot and Delphi Automotive. It was founded in 1949 and it is considered one of the most prestigious and exclusive yacht builders in the world. Penske is the chairman of his own Penske Corporation, a transportation services company he founded in 1969. He was a star player during his college days but did not continue. Blair Penske was born to an American businessman and entrepreneur, Roger Penske and Kathy Penske. The exact details about her actual net worth are still unknown. Gregory W Penske is the director of Penske Automotive Group Inc. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, the United Kingdom, Canada, and Western Europe. He is also the director of Penske Racing, an auto racing team. Gregor is the second eldest son of the business tycoon and former car racer Roger Penske and his first wife, Lissa Penske. You dont build a good business overnight. Kathy Penske Net Worth, Age, Height, Weight, Early Life, Career, Dating, Bio, Facts February 15, 2022 . Last updated: 16 December 2022 at 8:41am EST. According to his birthplace, He is American by birth. Kathy is the partner of actor Roger Penske. Your email address will not be published. Penske Automotive Group Inc (PAG) ONTANA . Penske is a former member of the Board of Directors of the Alltel Corporation, Ares Capital Corporation, International Speedway Corporation, Los Angeles Sports Council, the Southern California Committee for the Olympic Games, and Board of Trustees of the John Thomas Dye School. EVP - Human Resources Denker Claude H Iii Gregory is happily married to his wife, Patricia Penske. Co-President Michael Kort Schnabel sale According to a recent analysis o and the business insiders, we have got that the estimated net worth of Greg Penske is more than a couple of million. of 0 shares. In his past career he occupied the position of President & Chief . By using biographytalks.com you agree to our Terms of use and Privacy Policy. He has two children from his first wife. The most active insiders traders include Roger S Penske, Corp Penske, and Michael R Eisenson . They have five children and live in Southeast Michigan. . Penske became new car sales manager at Longo Toyota, Penske Motor Group's flagship dealership, in 1988 and today is Chairman and CEO of the organization. When it comes too fast, there might be something wrong with it.. Getting ready for a comeback in sports car racing in 2005, Porsche chose Penske Racing to run in the American Le Mans Series. So, how old is Roger Penske in 2023 and what is his height and weight? The gurus listed in this website are not affiliated with GuruFocus.com, LLC. We have estimated Greg Pence's net worth, money, salary, income, and assets. He went to Cornell University, where he earned his bachelors degree in business management. Info. 2004-2023 GuruFocus.com, LLC. Blair got married to her husband, Brandon Porter Hall, on July 13, 2003. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,600],'biographytalks_com-large-mobile-banner-1','ezslot_4',136,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-large-mobile-banner-1-0');Blair Penske is the heiress to her fathers billion-dollar fortune and has a significant claim on his valued worth. Penske has five children: Roger Jr., Gregory, Mark, Blair, and Jay. , Over the past 18 months, and Katy Williams . This house of Roger Penske is located in Birmingham. During the past 18 months, 25,805 shares of Ares Capital Corp (ARCC) were sold and 399,275 shares were bought by its insiders, resulting in a net Though it's not presently known how close Penske was in September to this years Forbes 400 cutline of $2.9 billion, hes now reached that mark, according to Forbes Real-Time Billionaires List. It also ran cars in the CART series with some of the world's greatest drivers, such as Bobby Unser, Tom Sneva, Emerson Fittipaldi, Mario Andretti, and Helio Castroneves. DONATION OPTIONS How You Can Help Today. In October 2019 he was awarded the Presidential Medal of Freedom by President Donald Trump. Her father is the chairman of the transportation company Penske Corporation and the car retailer UnitedAuto Group. Even so, she earns a significant amount from her personal endeavors while her net worth is often assumed to be in hundreds of millions. Not totally. of 1,695 shares made by Penelope F Roll Sources https://en.wikipedia.org/wiki/Roger_Penske Her mother is the second wife of her father. In 1966, Penske debuted his professional auto racing organization, Penske Racing, at the 24 Hours of Daytona. When Roger joined the now-defunct Marlboro Motor . In 1994, Automotive News also named him the Dealer of the Year. Vivian Lake Brady is a famous child. For his extraordinary career and leadership, he got awarded the Toyota President Award eleven times. Mr. Kurnick owns over 9,803 units of Penske Automotive Inc stock worth over $11,418,603 and over the last 14 years he sold PAG stock worth over $4,789,476. a net #388 Roger Penske on the 2022 Forbes 400 - Former race car driver Roger Penske is the founder, chairman and CEO of publicly-traded car and truck dealer . 937 per passenger. Blair is the only daughter with four other siblings. Category: Richest Athletes Race Car Drivers. Hall of Park City, Utah. Pixie Curtiss Net Worth, Education, Family & Career, Pia Malaneys Age, Net Worth, Husband, Children, & Ethnicity, Donna Zuckerberg (Mark Zuckerbergs Sister) Husband, Net Worth, & Bio, Who is Speeds Girlfriend? Enjoy a 7-Day Free Trial Thru Mar 12, 2023! An avid car collector, he owns many rare American and European automobiles, including a Ferrari FXX, of which only 30 were made. a net Our estimate may be low though. On Sunday, he finally gets to host the Indianapolis 500 that he has dreamed of with a full capacity crowd. GuruFocus.com is not operated by a broker or a dealer. Beyond auto racing, Penske serves as a corporate director at General Electric. Laura Lasorda, daughter of Tommy Lasorda, was born to American parents in the United States What is Vivian Lake Brady? Penske owns the large parent company Penske Corp., which according to the company website, manages businesses with consolidated revenues of more than $32 billion, operating in over 3,200 locations and employing more than 60,000 people worldwide. Among its subsidiaries are Penske Automotive, an automotive and commercial truck dealership company; Penske Truck Rental, a North American truck rental fleet; Penske Truck Leasing, a global transportation services provider; Penske Motor Group, a series of Toyota, Lexus and Mercedes-Benz dealerships; Team Penske; and Penske Entertainment. Gregory Penske is the chairman/CEO of Penske Motor Group, which owns and operates Toyota, Lexus and Mercedes-Benz dealerships in California and a Toyota dealership in Texas. But if you're a player for the Kansas City Chiefs, what would you ask if you were allowed to attend one of these things? Blair is the only daughter with four other siblings. Net worth 1.33 billion USD (2015) Charlie rose roger penske 05 18 11. Her husband, Brandon Hall, is an account executive of My ePHIT, an internet-based company that provides health advice. He has also been awarded the highest civilian award in the U.S, i.e. Greg Penske is a key member of running his father's business empire and Roger Penske Jr. owns several automotive dealerships. Her father first started his career with one car dealership in 1965, which was created with a $75,000 loan from her grandfather. Even so, she earns a significant amount from her personal endeavors while her net worth is often assumed to be in hundreds of millions. What is more, Roger is The company is based in Michigan and was called United Auto Group before changing its name in 2007. The consent submitted will only be used for data processing originating from this website. While working there, he came across a dealership opening in Bakersfield. Jay Penske's Net Worth 2022 : Salary, Income, Curriculum Vitae, and Professional Background Information! His businesses generate more than $22 billion per year and employ upwards of 50,000 people. But there is no more information on her educational background. , As noted, Kathy is Mr. Penske's wife #2, his first wife is Lissa (nee. Former race car driver Roger Penske is the founder, chairman and CEO of publicly-traded car and truck dealer Penske Automotive Group. Penske Automotive Group, Inc. 2555 Telegraph Road Bloomfield Hills, MI 48302-0954 (248) 648-2500 Send Email The most recent stock trade was executed by Shane M. Spradlin on 22 February 2023, trading 4,389 units of PAG stock currently worth $654,180. Penske Automotive Group operates in about 20 U.S. states and overseas. Net Worth in 2021. Whereas, with Kathy, they had three children Blair, Mark and Jay Penske. Garcia, a 64-year-old Arizona resident, ranks as the largest shareholder of Carvana, the primary sponsor that helped back Jimmie Johnsons rookie IndyCar bid with Chip Ganassi Racing. sale EVP & CFO Michelle Hulgrave 1, $201 billion) to Arkansas investment banker Warren Stephens (tied for 389th, $2.9 billion). Kathy Penske estimated Net Worth, Age, Affairs, Height, Dating, Relationship Stats, Salary as well as short Biography with top 10 popular facts! Feadship is a Dutch yacht building company, based in Aalsmeer and Kaag, Netherlands. , His father is race car team owner and entrepreneur Roger Penske. The sun still occasionally does set on the Penske empire, an operational flaw its founder and chairman is . He has been named one of the highest-rated CEOs among small and medium companies by Glassdoor, a jobs and career site, which released its annual report recognizing top leaders in companies in 2015 throughout North America and Europe. He was named Sports Illustrated's race car driver of the year in 1961. It is in the Oakland County. Blair married her husband Brandon Porter Hall on July 13, 2003. sale Age : 59. sale . of 300,000 shares made by Michael J Arougheti Piercey later offered him a job at this Cadillac Agency after he graduated. Well, Roger Penske's age is 85 years old as of today's date 17th February 2023 having been born on 20 February 1937. In 2009, Penske left the American Le Mans Series to join the rival Grand-Am Rolex Sports Car Series for the season. Roger Penske is the founder and chairman of Penske Corporation, a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics and professional motorsports. Penske soon became a well-known race car driver, competing in a pair of Formula One Grands Prix and winning a NASCAR Pacific Coast Late Model race in 1963. In the fall of 2015, hed climbed to $2 billion, though that dropped back down to $1.4 billion by spring of the following year. Penske is American. There are four other Penskes in the family: a Roger Jr., a Gregory, a Mark, and a Jay. Based on ownership reports from SEC filings, as the reporting owner, Gregory W Penske owns 3 companies in total, including We can see it from a sponsorship standpoint, not only for the teams, but were seeing it at IMS and certainly in sponsors for the races. Early Life & Family His birthplace is the United States of America. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-medrectangle-3','ezslot_2',130,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-medrectangle-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-medrectangle-3','ezslot_3',130,'0','1'])};__ez_fad_position('div-gpt-ad-biographytalks_com-medrectangle-3-0_1');.medrectangle-3-multi-130{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}As regards her educational and academic credits, she graduated from Cornell University. Roger Penske Net Worth His net worth is estimated at $3 billion. Gregor also has an elder brother named Roger Jr. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographytalks_com-leader-3','ezslot_13',135,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-leader-3-0');Besides Roger Jr, Gregory also has two half brothers, Mark and Jay, and one half-sister Blair from his fathers second marriage to Kathy Penske. Penske is the former president and CEO of Penske Motorsports, Inc., which operated racetracks across the country, including the development of the Auto Club Speedway (formerly California Speedway) in Fontana, California. Again in 1997, he received the Young Leadership & Excellence Award. So, from his early childhood, he was interested in cars and even spent most of his time around the cars and race tracks that his father owned. The name of his home town is Shaker Heights, Ohio, United States. He has not shared much about their relationship. Penske was born in the United States of America. purchase Roger Penske Social Network Penske Automotive Group Inc (PAG)'s detailed insider trading history can be found in Insider Trading Tracker table. . Continue with Recommended Cookies, Your email address will not be published. Gregory W Penske is the director of Ares Capital Corp. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. That has Penske the 10th-richest person in the U.S. auto industry as of Thursday, and if he were listed in the U.S.