Who is Rick Hendrick?
Rick Hendrick is a USA-based billionaire car dealer and founder of Hendrick Automotive and Hendrick Motorsports. He was born in July 1949. He is married to Linda. They have 2 children. Ricky and Lynn. Ricky died in a plane accident.
Joseph Riddick Hendrick is the owner of the luxury yacht Wheels.
Hendrick Automotive
The Hendrick Automotive Group is the largest privately held automotive dealership group in the USA. Hendrick has 140 dealerships that sell around 200,000 cars per year. And they service 2.6 million vehicles per year.
The company was started in 1976 when Hendrick sold his assets to start Hendrick Chevrolet dealer. He became the youngest Chevrolet dealer in the USA.
Hendrick Automotive now has more than 10,000 employees and sells brands like Toyota, BMW, Volvo, Mercedes, and Porsche. One of his best-selling cars is a Chevrolet Silverado 1500.
Hendrick Motorsports
Hendrick Motorsports is active in Nascar’s Sprint Cup Series. The company was founded in 1984 as All-Star Racing.
Since then it has won more than 200 Nascar races and 12 championships. Hendrick is second on NASCAR’s all-time Cup victories list. He leads all owners in modern-era wins.
Hendrick was inducted into the NASCAR Hall of Fame in 2017. And into the International Motorsports Hall of Fame in 2013. He is also active in the Camping World Truck Series.
Jeff Gordon is an equity partner of Hendrick Motorsports since 1999. Gordon owns the yacht 24 KARAT.
Hendrick Family Foundation
In addition to his business ventures, Hendrick is also a philanthropist and has been involved in numerous charitable organizations.
Hendrick and his wife Linda Hendrick are active philanthropists through their Hendrick Family Foundation. The Foundation supports vulnerable children and provides food and holiday meals for poor families.
How Much is Rick Hendrick Net Worth?
The net worth of Hendrick is estimated at $1 billion. His companies realize more than $9 billion in annual sales, which could indicate that his net worth is actually much higher.
Car Collection
He is an avid car collector. His collection includes more than 200 cars, of which more than 100 Chevrolet Corvettes. The collection includes restored and customized vehicles
10 Facts About Joseph Riddick Hendrick you probably didn’t know.
- He started a Chevrolet Dealership in 1976.
- Hew was the youngest Chevrolet dealer in the USA.
- His company is now the largest privately held dealership in the US.
- Sales are more than $9 billion per year.
- Hendrick has won more than 200 Nascar races and 12 championships.
- His net worth is $1 billion.
- He owns a Gulfstream G-V private jet (N500RH).
- His son Ricky died in a plane crash, in a plane owned by Hendrick.
- His yacht Wheels was built by Trinity Yachts in the USA.
- His Hendrick Family Foundation supports children and poor families.
Frequently Asked Questions (FAQ)
How much is Rick Hendrick’s net worth?
His net worth is estimated at $1 billion, although it may be considerably more given the size (and annual sales) of his companies.
Where did Rick Hendrick get his money?
In 1976 Rick Hendrick sold his assets to start his company Hendrick Chevrolet dealer. He became the youngest Chevrolet dealer in the USA.
How many dealerships does Rick Hendrick own?
Hendrick has 140 dealerships that sell around 200,000 cars per year. And they service 2.6 million vehicles per year.
How much did Rick Hendrick’s yacht cost?
His yacht cost $35 million and has annual running costs of $3 million
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