Who is Ray Catena?
Ray Catena is the founder and president of the Ray Catena Auto Group. He was born in June 1936. He is married to Elsie. They have 2 daughters (Doreen and Sandy).
Ray Catena Auto Group
The company is a group of 15 car dealerships and service centers. The group is one of the largest privately-owned auto groups in the USA.
Catena sells many luxury car brands. Such as Mercedes-Benz, Lexus, BMW, Porsche, and Land Rover. And also Jaguar, Infiniti, Mini, Audi, Maserati, and Alfa Romeo.
The Catena group is family-owned and operated. The company sold 19,858 new cars in 2018 and 7,118 used cars. It realized revenue of $1.5 billion.
Ray Catena Net Worth
His net worth is estimated at more than US$ 400 million.
We think he owns a private jet, but we have not yet been able to identify the registration numbers.
Philanthropy
Ray and his wife Elsie Catena are active philanthropists. They are supporting many philanthropic organizations. And local school and recreation programs throughout New Jersey and New York. They have donated to the Susan G Komen Breast Cancer Foundation.
Yacht Mercedes
Catena previously owned two Oceanfast yachts named Mercedes and Mercedes II. Both yachts were designed by John Bannenberg. Catena sold his 46 meter Burger yacht Sycara IV in 2017. She is now named Nadan.
Sources
https://www.raycatena.com/about-us/
https://insurancenewsnet.com/oarticle/50-wealthiest-new-jerseyans
http://wardsauto.com/news-analysis/raycatena-loves-cars
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