Roger Penske
$8.9B
Born
Feb 20, 1937
Age
89
Source of Wealth
Cars
Residence
Birmingham, Michigan
Citizenship
United States
Marital Status
Married
Children
5
Education
Drop Out, Lehigh University
- Former race car driver Roger Penske is the founder, chairman and CEO of Penske Corporation, a transportation services company with over $43 billion in revenue.
- The company's publicly traded subsidiary Penske Automotive Group is best known for its auto dealerships, which sell new and used cars, and its iconic yellow rental trucks.
- Penske started his career as a race car driver before opening one car dealership in 1965 with a $75,000 loan from his father.
- In 2020, Penske Corporation acquired the Indianapolis Motor Speedway, host of the Indianapolis 500 Mile Race.
- In 2019, Donald Trump Penske was awarded Penske the Presidential Medal of Freedom, the highest civilian honor in the U.S., for his accomplishments in racing and in business.
- He was named Sports Illustrated's race car driver of the year in 1961.
- Penske Corporation's subsidiary, Penske Transportation Solutions, has nearly 500,000 trucks in its fleet bringing in around $13 billion in revenue.
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