Rank #3351
Don Ahern
Net worth $1.0B
Equipment rental · United States
- Born
- Oct 01, 1953
- Age
- 72
- Source
- Equipment rental
- Residence
- Las Vegas, Nevada
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Don Ahern, a construction equipment tycoon, made his fortune helping build skyscrapers in Las Vegas and other U.S. cities.
- In 1978, after graduating high school, he launched Los Arcos Equipment, which began with a fleet of eight scissor lifts.
- He purchased his dad's company, Ahern's Trailer and Equipment Rental, in 1990, and later merged Los Arcos into the family firm.
- He sold the business in 2022 to United Rentals for $2 billion, pocketing an estimated $600 million after taxes and paying off debts.
- Ahern still owns construction equipment maker Xtreme Manufacturing and a 51% stake in Snorkel, which manufactures aerial work platforms and lifts.
- A diehard Republican, Ahern briefly served as finance chair for the Nevada State Republican party.
- His Ahern Luxury Boutique Hotel in Las Vegas has become a go-to venue for state and national conservatives to hold events.