Portrait of Terry Taylor

Rank #2226

Terry Taylor

Net worth $1.9B

Car dealerships · United States

Born
Apr 01, 1951
Age
75
Source
Car dealerships
Residence
Palm Beach, Florida
Citizenship
United States
Marital status
Children
0
Education

Net worth over time

Biography

  • Terry Taylor owns over 120 car dealerships in the U.S. through his majority stake Automotive Management Services Inc.
  • Taylor first got into the car business working at his dad's used Ford shop in Daytona Beach, Florida.
  • Taylor offers his dealership managers equity in his dealerships, usually around 25%.
  • He owns several high profile properties, including Tommy Hilfiger's former New York penthouse, and a private jet with his initials "TT" on the tail.
  • He avoids most meetings, even with his own associates, and only shows up at conventions and conferences on condition that he's not introduced to anyone.