Who is Larry Van Tuyl?
He is Chairman at Berkshire Hathaway Automotive. Berkshire Hathaway Automotive is one of the largest dealership groups in America, with over US$ 9 billion in revenue and 81 independently operated dealerships with over 100 franchises in 10 US states.
Van Tuyl Group
The company was originally known as the Van Tuyl Group. And was founded in 1948 by Cecil Van Tuyl. He passed away in 2012 at age 85.
The Van Tuyl Group became the fifth-largest car dealership group in the U.S, with 78 dealerships selling 240,000 vehicles per year.
In 2015 the Van Tuyl family sold their company to Warren Buffet’s Berkshire Hathaway for US$ 4.1 billion.
Van Trust Real Estate
Larry van Tuyl is also a real estate investor through his VanTrust Real Estate. VanTrust Real Estate is a full-service real estate development company based in Kansas City.
The company creates real estate assets for both internal portfolio holdings as well as disposition opportunities.
Larry Van Tuyl Net Worth
The net worth of the Van Tuyl family is estimated at US$ 3.5 billion.
He is the owner of the yacht Vanish. He used to own a 50 meter (164ft) Westport yacht named Vango. Later he owned the 66 meter Feadship Vanish which he sold. She is now named Hampshire and owned by Ineos director Andrew Curry. In 2021 a slightly larger – but similar styled – yacht will be delivered in the Netherlands.
Larry Van Tuyl House
Larry and his wife Pat van Tuyl live in a large house in Paradise Valley Arizona. In August 2017 they bought a large compound (of several houses) in Newport Beach, California for US$ 55 million. In the meantime one of these houses has been demolished. We expect a new and large house to arise there.