Rank #2984
Jeffrey Lorberbaum
Net worth $1.3B
Flooring · United States
- Born
- Oct 25, 1954
- Age
- 71
- Source
- Flooring
- Residence
- Chattanooga, Tennessee
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
- Bachelor of Arts/Science, University of Denver
Net worth over time
Biography
- Jeffrey Lorberbaum built Georgia-based Mohawk Industries into the largest flooring company in the world; he owns a nearly 15% stake.
- His father Alan founded Aladdin Mills in 1957 as a maker of bathmats. Lorberbaum joined the company in 1976 and later became CEO.
- In 1994, the family sold Aladdin to Mohawk Industries. Lorberbaum took charge of Mohawk in 2001 and expanded into hard-surface flooring.
- The publicly traded flooring company is now in more than 170 countries and has completed 54 acquisitions since it went public in 1992.
- In 2022, Lorberbaum was given the honorary title of knight commander of the Order of the Crown by Her Royal Highness Princess Astrid of Belgium.
- Lorberbaum is in the World Floor Covering Association's Hall of Fame.
Financial assets
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