| Name: | Roger Penske |
| Net Worth: | $3 billion |
| Source of Wealth: | Penske Corporation |
| Born: | February 20, 1937 |
| Age: | |
| Country: | USA |
| Wife: | Kathy Penske |
| Children: | Jay Penske, Roger Penske Jr., Blair Penske, Gregory Penske, Mark Penske |
| Residence: | Nantucket, Massachusetts |
| Private Jet: | Gulfstream G280 (N500RP, N504RP) |
| Yacht: | Podium |
A name that commands respect in the world of motorsport and automotive industry, Roger Penske is a luminary who has not only shaped the course of auto racing but has also left an indelible mark in the realm of business. Born in February 1937, Penske embarked on an awe-inspiring journey that led him from being a professional auto racing driver to the founder and chairman of Penske Automotive. His story is an intricate weave of family life, a passion for racing, and an uncanny business acumen. Married to Kathy, Roger is a proud father of five children from his two marriages. Even though he transitioned from racing to entrepreneurship, he has kept the flame of his first love alive through his ownership of Team Penske, actively participating in the racing world.
Penske Automotive stands as a beacon of success in the transportation services sector. With a network of 249 top-tier automotive dealerships, 16 used car supercenters, commercial truck dealerships, and 34 state-of-the-art collision centers, Penske Automotive has morphed into an industry titan. The company prides itself on a workforce of 27,000 dedicated employees and a staggering revenue generation of over $23 billion in 2019. Catering to the diverse needs of car enthusiasts, Penske Automotive showcases an array of brands including the coveted Audi, BMW, Land Rover, Mercedes-Benz, and Porsche. Beyond passenger cars, the company’s Premier Truck Group (PTG) extends its services to provide Freightliner and Western Star branded trucks. Penske Australia further broadens the company’s scope by importing and distributing heavy-duty and medium-duty trucks, buses, diesel and gas engines, and power systems.
Penske Corporation, a privately-held holding company, anchors Penske’s vast business interests. These range from Penske Automotive to Indycar LLC, Penske Logistics, Team Penske, and more, all collectively contributing to the Penske empire’s monumental success. The corporation is wholly owned by the Penske family, securing the enterprise’s continuity and integrity.
With an illustrious career spanning auto racing and business, Penske’s net worth stands as a testament to his success. The net worth of this auto racing legend and business magnate is estimated at a whopping $3 billion, embodying his monumental achievements in both arenas.
https://en.wikipedia.org/wiki/Roger_Penske
https://www.penskeautomotive.com/
https://en.wikipedia.org/wiki/Penske_Corporation
https://www.forbes.com/profile/roger-
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Roger lives with his wife Kathy Penske in Bloomfield Hills, Michigan. He also owns a large estate on the island of Nantucket.
Bloomfield Hills, Michigan, is a picturesque city located in Oakland County. Known for its lush landscapes, luxurious homes, and top-rated schools, it has become an attractive destination for residents seeking a high-quality lifestyle. The city is home to approximately 4,000 residents, offering a sense of exclusivity and a tight-knit community feel.
Education is a top priority in Bloomfield Hills, and the area is recognized for its excellent schools, including the Bloomfield Hills School District and the renowned Cranbrook Educational Community. Cranbrook, a National Historic Landmark, encompasses a college preparatory school, an art academy, and an institute of science, all within its beautiful campus.
Bloomfield Hills boasts a variety of cultural and recreational opportunities, such as the Cranbrook Art Museum, the Cranbrook House and Gardens, and the Bloomfield Hills Country Club. These attractions provide residents and visitors with enriching experiences in art, history, and leisure activities.
Real estate in Bloomfield Hills is known for its luxurious homes and large estates, often nestled within gated communities and surrounded by stunning natural landscapes. The city’s strategic location offers easy access to the Detroit metropolitan area, making it a perfect choice for those who desire a peaceful, upscale environment with proximity to urban amenities.
In conclusion, Bloomfield Hills, Michigan, offers a unique blend of natural beauty, culture, and premier educational institutions, making it a highly sought-after destination for those seeking an exceptional quality of life.
He is the owner of the Feadship yacht Podium.
At 72 meters in length, Podium is powered by Caterpillar engines, reaching a maximum speed of 18 knots and a comfortable cruising speed of 14 knots. With a range of over 4,500 nautical miles, this luxury yacht is perfect for extended voyages.
RWD’s expertise is evident in Podium’s lavish interior, which blends style and comfort for an unparalleled yachting experience. The yacht can accommodate up to 12 guests and features a dedicated crew of at least 14 to ensure a seamless journey for all on board.
He is the owner of two Gulfstream G280 private jets, with registration N500RP and N504RP. The aircraft were both built in 2018. A G280 has a list price of US$ 25 million.
He has owned several other jets, all with the same registration: A Learjet, a Gulfstream G150, and a Gulfstream G450.
The Gulfstream G280 is a twin-engine business jet produced by Gulfstream Aerospace. It was first introduced in 2012 and is designed for comfortable, long-range travel. The G280 has a maximum range of 3,600 nautical miles and can accommodate up to 10 passengers. It is equipped with state-of-the-art technology, including a full-color cockpit display, an enhanced vision system, and an advanced cabin management system. The G280 has been well-received by the market and is known for its spacious cabin, efficient performance, and advanced avionics systems.
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Yacht Owners Database 2024
