Portrait of Jerry Moyes & family

Rank #1864

Jerry Moyes & family

Net worth $2.3B

Transportation · United States

Born
Jan 15, 1944
Age
82
Source
Transportation
Residence
Tolleson, Arizona
Citizenship
United States
Marital status
Married
Children
10
Education

Net worth over time

Biography

  • Jerry Moyes and his father founded Swift Transportation in 1966 with one truck, moving cotton and imported steel between Arizona and California
  • Swift grew to nearly 20,000 trucks and some $4 billion in annual revenue before it merged with Knight Transportation in 2017.
  • Moyes sold much of his stake in Knight-Swift prior to 2022. Now concentrates on SME Industries, a steel fabricator and construction company in Utah.
  • Moyes owned the Phoenix Coyotes hockey team, with minority partner Wayne Gretzky, until the team filed for bankruptcy in 2009 and was sold to the NHL.
  • Moyes resigned as Swift CEO in 2005 after an insider-trading case (he did not admit to wrongdoing). Two years later, he took Swift private in a leveraged buyout.
  • Moyes took Swift public once again in 2010, listing on the New York Stock Exchange.

Financial assets

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