Discovering the Achievements and Philanthropic Activities of Tim Ciasulli: Net Worth $500 Million • House • Yacht • Private Jet

Name:Tim Ciasulli
Net Worth:$500 million
Source of Wealth:Planet Honda
Born:April, 1955
Age:
Country:USA
Wife:Rebeca Ciasulli
Children:Timothy, Amy
Residence:Califon
Private Jet:Unknown, pls send message if you have info
Yacht:REBECA

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.

Key Takeaways:

  • Tim Ciasulli is a successful American businessman and former powerboat champion.
  • He founded Planet Honda, a top Honda dealership in the USA.
  • Ciasulli’s net worth is estimated at $500 million.
  • He owns the yacht “Rebeca,” built by Benetti and part of the Oasis 40 series.
  • Ciasulli is known for his philanthropic activities, supporting various charitable organizations.

Planet Honda

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.

Net Worth

Ciasulli’s net worth is estimated to be around $500 million, which he has earned through his successful business ventures and investments.

Philanthropic Activities

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.

Bob Ciasulli

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.

Sources

https://www.planethonda.com/

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Planet Honda


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Tim Ciasulli House

Tim Ciasulli Yacht


He is the owner of the yacht REBECA, which he named after his wife. He used to own several smaller yachts, all named Rebeca.

The Rebeca yacht, designed by RWD, was built by the renowned yacht builder Benetti in 2020 as the first hull of the Benetti OASIS 40 series. The yacht boasts exceptional design and features that set it apart from other luxury yachts.

Rebeca is powered by powerful MAN engines that provide a maximum speed of 18 knots and a cruising speed of 14 knots. With a range of more than 3,000 nautical miles, Rebeca is perfect for long-range cruising, ensuring that guests can enjoy uninterrupted voyages in utmost luxury.

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