John Staluppi Net Worth, Wiki Bio, Source Income, Salary, Earnings, Nationality, Age

John Staluppi Net Worth

John Staluppi Wiki Biography

John Staluppi is an entrepreneur best known for investing in and helping to found Honda, which is now part of the Atlantic Automotive Group. He was born in Brooklyn, New York City, in 1947. He also owns Millennium Yachts and founded the Car of Dreams Museum. All of his initiatives have contributed to his current net worth.

What is John Staluppi’s net worth? According to sources, he has a net worth of $400 million as of mid-2016, which he has accumulated primarily from the success of his multiple enterprises and investments. The Atlantic Automotive Group, which Staluppi controls, has more than 20 sites and is considered one of the best dealerships in the country. The corporation has a revenue of roughly $2 billion every year. His fortune grows in tandem with the success of his businesses.

John Staluppi Net Worth $400 Million

When John was 16 years old, he began working as a mechanic, learning about cars such as Chevrolets. They took out a loan and opened his first Sunoco petrol station with the support of his father. Following the purchase of the station, John began to profit, and he soon expanded to acquire several other gas stations.

He discovered a small company called Honda and decided to invest in it while earning a lot of money from his businesses. He created his own Honda motorcycle shop, which quickly grew to include other locations. Honda would become a subsidiary of the Atlantic Auto Group, whose president is currently Staluppi. Brands such as Oldsmobile and Hyundai have joined the Group’s portfolio.

Staluppi planned to utilize the money he made to start Millenium Yachts, a company that specializes in building luxury yachts. One of his first acquisitions was a $13 million sport fishing boat, demonstrating his enormous wealth. Because of Johns’ attention to detail, the yacht company has maintained a strong customer base and garnered positive feedback. He also founded the Car of Dreams Museum in North Palm Beach, Florida, which exhibits cars from the 1950s; his offices are located in the same building as the museum. Along with his collection of historic cars, the museum is noted for only opening three to four times a year, primarily for charity events hosted by huge organizations. The museum was eventually sold, however the financial details remain unknown.

He is married to Jeanette, according to his personal life. According to an interview, his interest in boats began when he was a child while working as a lifeguard and observing different boats in the ocean. Around the same period, he was employed as a mechanic. During a powerboat racing event, he was involved in an accident and became stranded in the middle of the ocean for almost 20 minutes before being rescued. Because he admits to being a great James Bond fan, many of the boats he owns are named after the films.

 

Net Worth $400 Million
Date Of Birth 1947
Place Of Birth Brooklyn, New York City USA.
Profession Entrepreneur, Businessman
Nationality American
Spouse Jeanette
LinkedIn https://www.linkedin.com/in/johnstaluppi
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