Terry Taylor, 74, quietly built a $2 billion car dealership empire across 120 locations while staying almost completely unknown. Reporters found him through a $30 million mansion purchase and discovered he also owns an $80 million private jet and $250 million in real estate.
Chapters
Forbes did an article, The Car Dealership Billionaire No One Knows, and it's about this guy named Terry Taylor who owned, I think, 120 car dealerships. They came across him because someone recently bought Tommy Hilfiger's $30 million mansion in New York City. And turns out the same LLC owns $250 million worth of real estate. And they find out that it's this auto dealership owner and he owns a bunch of them and he's just making a lot of money. And they eventually get a hold of him and he goes, I heard you've talked to all my associates. Fine, I will answer just a few questions for you. For you. And the whole story is how he purposely is trying to be low-key and under the radar, but they uncover that he owns an $80 million jet, he owns all this amazing stuff. Turns out car dealerships, shockingly amazing companies.