| Name: | Juan Carlos Mas |
| Net Worth: | US$ 0.5 billion |
| Source of Wealth: | Mastec |
| Born: | 1960-1965 |
| Age: | |
| Country: | USA |
| Wife: | Vivian Mas |
| Children: | 2 |
| Residence: | Coral Gables |
| Private Jet: | (N1777M) Gulfstream G650 |
| Yacht: | Muchos Mas |
The story of the Mas family is one of resilience, entrepreneurial spirit, and philanthropy. Central to this tale is Juan Carlos Mas, an influential figure in the realm of business and a symbol of the American Dream realized.
Key Takeaways:
As co-owner of MasTec alongside his brothers, Jorge Mas and Jose Mas, Juan Carlos has etched an impressive mark in the business landscape. MasTec, a brainchild of their father, Jorge Mas Canosa, stands today as a testament to the family’s hard work and vision.
A Cuban-American immigrant, Jorge Mas Canosa not only laid the foundation for MasTec but also championed the cause of his fellow immigrants by founding the Cuban American National Foundation. Juan Carlos, following in his father’s footsteps, has held various pivotal roles at MasTec, including presiding over its international operations. His business acumen also extended to the Neff Corporation, where he served on the board and held the position of vice chairman.
With its hands in a plethora of projects, MasTec stands as one of the premier infrastructure construction companies in the US. The company, boasting a staggering revenue of $6.6 billion and a workforce of around 22,000, delves into an array of sectors. From renewable energy projects like wind and solar farms to communication and utility infrastructure, MasTec is a name synonymous with quality and reliability.
Another feather in the Mas family’s cap, the Neff Corporation, became a beacon in the construction and utility equipment rental industry. Founded by the Mas brothers, the company saw exponential growth, branching out to over 80 locations nationwide. In 2005, it caught the eye of investors and was acquired for a whopping US$ 300 million.
Juan Carlos Mas showcases his versatility as the Chairman of The Mas Group, focusing on real estate development and healthcare investments.
Beyond their business ventures, the Mas family has consistently given back through the Mas Family Foundation. Catering especially to Cuban-American students with limited resources, the foundation emphasizes the importance of education.
Juan Carlos’s dedication and business acumen have garnered him an estimated net worth of over US$ 500 million. His brother, Jorge Mas, not just chairs MasTec but has also made strides in the sports world as a co-owner of Inter Miami CF, a major player in the Major League Soccer scene since 2020.
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Juan Carlos and his wife Vivian Mas live in a large waterfront house near Miami. Their previous yacht was berthed behind their house.
Miami: A Millionaire’s Paradise
Miami, known for its sun-kissed beaches and vibrant nightlife, has long been a magnet for the world’s elite. Its strategic location makes it a gateway to Latin America, appealing to international business moguls. The city’s tax-friendly policies, with Florida having no state income tax, are a significant lure for high-net-worth individuals looking to maximize their wealth.
Miami’s luxury real estate market, boasting waterfront mansions and penthouse apartments, offers exclusivity and unparalleled views. The rich cultural tapestry, influenced by Caribbean and Latin American roots, provides diverse culinary, artistic, and musical experiences. Moreover, the year-round tropical climate makes it a haven for outdoor and water-based activities.
The world-class shopping and entertainment districts further add to its allure. All these facets combine to make Miami an irresistible destination for millionaires seeking a blend of luxury, culture, and business opportunities.
He is the owner of the Crescent yacht Muchos Mas.
Muchos Mas is a luxury yacht built by Crescent in 2017.
The Muchos Mas yacht’s exceptional design is credited to Jonathan Quinn Barnett.
Features include a large master suite and a sun deck hot tub.
Powered by MTU engines, it offers a max speed of 18 knots.
The interior can house 10 guests and a crew of 10.
The Mas family owns a Gulfstream G650 private jet, with registration N1777M. A G650 has a list price of US$ 70 million.
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
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