Portrait of Roy Carroll II

Rank #1654

Roy Carroll II

Net worth $2.6B

Real estate · United States

Born
Nov 01, 1962
Age
63
Source
Real estate
Residence
Greensboro, North Carolina
Citizenship
United States
Marital status
Married
Children
3
Education
Drop Out, University of North Carolina at Greensboro

Net worth over time

Biography

  • Roy Carroll II is the founder and CEO of Greensboro, North Carolina-based real estate developer Carroll Companies.
  • He cofounded the firm with his late father in 1983, when he was 21 years old, as a small custom homebuilding company.
  • Carroll bought out his father's stake in 1990 and expanded into building subdivisions and later into apartment complexes.
  • Carroll Companies now owns more than 13,000 apartments and 29 self-storage facilities in six states across the Southeast and in Montana.
  • He also owns a local online publication, the Rhino Times, as well as an extensive collection of Ferrari sportscars.
  • Carroll entered a team with one of his Ferraris into the 24 Hours of Le Mans in 2022, placing fifth in GTE Pro Class.
  • Carroll bought his first home at age 14 in 1976, using $1,000 in savings from odd jobs like mowing yards, returning bottles and selling candy.