Jay Feldman • Net Worth • House • Yacht • Private Jet

Name:Jay Feldman
Net Worth:$200 million
Source of Wealth:Feldman Automotive Group
Born:April 1, 1971
Age:
Country:USA
Wife:Ann Feldman
Children:Two
Residence:Birmingham, Michigan
Private Jet:N993CE – Dassault Falcon 2000 (co-ownership)
Yacht:SARON

The Rise of Jay Feldman in the Automotive Industry

Jay Feldman‘s career in the automotive business began in his teens, selling cars and quickly developing a passion for the industry. Jay was born in 1971. He is married to Ann Feldman. They have two children. Starting with a single Chevy dealership in Highland, Michigan, Feldman demonstrated a remarkable knack for business growth. His leadership and strategic vision led him to expand his Chevy footprint to five locations, earning the title of Michigan’s number 1 Chevy Dealer in 2013. Under his guidance, Feldman Automotive now sells over 22,000 new and preowned Chevy vehicles annually across Michigan.

Key Takeaways

  • Jay Feldman, CEO of Feldman Automotive, turned his early passion for car sales into a thriving business empire.
  • Feldman Automotive has grown significantly under his leadership, becoming a major player in the automotive industry.
  • The partnership with Mark Wahlberg has expanded Feldman’s reach, adding several dealerships and restaurants to their joint ventures.
  • He is the owner of the yacht SARON, named after his children.
  • He also co-owner a Dassault Falcon 2000, with registration N993CE.

Feldman and Wahlberg: A Dynamic Partnership

In 2018, Jay Feldman initiated an innovative partnership with actor Mark Wahlberg, starting in Columbus, Ohio. This collaboration marked the foundation of the Mark Wahlberg Automotive Group, a venture that has grown to encompass a range of automotive brands. Wahlberg, drawn to Feldman’s extensive experience in the car business and his reputable character, found an instant synergy with Feldman. This partnership has not only been a business success but also fostered a strong personal friendship.

Expanding the Feldman Automotive Portfolio

Feldman Automotive, under Jay Feldman’s stewardship, has diversified significantly. The portfolio now includes multiple Chevrolet stores, a Buick-GMC-Hummer store, Hyundai, Kia, Genesis stores, RV Centers, a preowned store, a Ford store in Detroit, a Cadillac store, and Chrysler-Dodge-Jeep-Ram stores. This expansion demonstrates Feldman’s ability to manage and grow a diverse automotive empire.

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Feldman Automotive

Jay S. Feldman Yacht


He is the owner of the yacht SARON, which he named after his children.

The yacht is registered to a company named LYON CENTER MARINE LLC, which uses the same address as the Feldman headquarters.

The SARON Yacht, previously named Revelry, and Snowbird, was built by Hakvoort in 2010 and has had several high-profile owners. (including Tom and Judy Love, who named her Revelry).

The yacht, designed by Cor D Rover, has a top speed of 13 knots and a range of 3,800 nautical miles.

SARON’s luxurious interior was designed by David Ostrander, offering accommodation for up to 10 guests.

The yacht has a rich history, reflecting the glamorous and exclusive world of luxury yachting.

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