Who is Tim Ciasulli?
Tim Ciasulli is a well-known American businessman and former powerboat champion. He was born in April 1955 and is married to Rebeca Ciasulli. Together, they have two children, Timothy Jr. and Amy Ciasulli.
Ciasulli is best known as the founder of Planet Honda, a highly successful Honda car dealership located in New Jersey. The dealership sells over 8,000 cars per year and has annual sales of more than $230 million.
The company was founded in 1960 by Ciasulli’s father as a Pontiac dealership. In the 1970s, Ciasulli added four Honda dealerships, which helped the company grow rapidly and become one of the top five largest Honda dealerships in the USA.
Ciasulli sold his holding company, Timco Inc., to Lithia Motors in May 2021. He is also the former owner of a Chevrolet dealership named Chevrolet 73, Inc.
American Powerboat Champion
Aside from his success in the automotive industry, Ciasulli is also a former American powerboat champion. He has won multiple races and championships in the sport and remains a respected figure in the powerboat racing community.
Ciasulli’s net worth is estimated to be around $500 million, which he has earned through his successful business ventures and investments.
In addition to his success in the automotive industry, Ciasulli is also known for his philanthropic activities. He has been involved in several charitable organizations, including the St. Barnabas Health Care System, the Valerie Fund, and the Leukemia & Lymphoma Society.
Ciasulli’s brother, Bob Ciasulli, is also a prominent car dealer. He owns or owned 16 car dealerships, including Toyota Universe, Galaxy Toyota, Tri County Lexus, and Honda Universe.
Overall, Tim Ciasulli’s success in the automotive industry and his philanthropic efforts have made him a highly respected figure in his community. His achievements serve as an inspiration to many aspiring entrepreneurs and business leaders, and his dedication to giving back to his community is a testament to his character and values.
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