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Rick Hendrick Net Worth 2020 – Reveals Secrets of his Earnings

$ 1 Billion

Joseph Riddick “Rick” Hendrick III better known as Rick Hendrick, is an American businessman and entrepreneur. He is the owner of the American NASCAR team, Hendrick Motorsports, and co-owner of JR Motorsports, and founder of the Hendrick Automotive Grop and Hendrick Marrow Program. Hendrick has won more than 200 Nascar races and 12 championships. Currently, Rick Hendrick Net Worth is $1 Billion.

Check out the below article to know the complete information regarding How much is Rick Hendrick Networth, Career Earnings, and more details. Also Check, How Much is Warren Buffett and Bill Gates Worth.

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Rick Hendrick Net Worth 2020

Rick Hendrick is a USA based billionaire car dealer and founder of Hendrick Automotive and Hendrick Motorsports. In 1976 he started Chevrolet Dealership. His company is now the largest privately held dealership in the US and the sales are more than US$ 9 billion per year.

As a racer, he competed in the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and the NASCAR Camping World Truck Series. Hendrick Motorsports has won 11 championships and is estimated to be one of the most valuable NASCAR team at $350 million.

His racing team includes Jimmie Johnson, Chase Elliott, Alex Bowman, and William Byron. His former drivers include Jeff Gordon, Dale Earnhardt, Jr., and Kasey Kahne.

As of now, Rick Hendrick’s Net Worth is US$ 1 billion.

What are the highlights of Rick Hendrick’s motorsports career?

  1. Winston Cup Series (1987-1988)
  2. Busch Series (1987)
  3. SuperTruck Series (1995)
  4. ARCA Permatex SuperCar Series (1991)

Rick Hendrick House:

Rick and his wife Linda live in a large mansion in a gated community in Charlotte, NC. The house is situated next to a golf court. He purchased the 6-bed, 8-bath, 12,803 sq ft home in August of 2000 for $3.65M. He owns at least 2 other vacant parcels and a condo in the area.

Rick Hendrick Cars Collection:

Rick Hendrick is the true king of the car collecting world. His car collection includes 2017 Acura NSX ($1.2 Million). He also bought three classic Chevy Corvettes for a combined $1.65 million dollars. Mr. Hendrick now owns a reported total of eight Corvettes, along with a 1969 convertible he bought for $525,000. He also owns 969 Dodge Charger Daytona and a 1970 Plymouth Superbird. His oldest car was a 1933 Ford Roadster.

Rick Hendrick bought the first ever 2014 Chevrolet Corvette Stingray.  He purchased the gorgeous vehicle for $1,050,000

Rick Hendrick’s Yacht:

This beautiful Yacht was built at Trinity Yachts in 2009. The yacht Wheels can accommodate 12 guests in 6 cabins. The value of this Yacht is US$ 35 million.

Hendrick Private Jet:

Hendrick owns a Gulfstream G-V private jet with registration N500RH. A Gulfstream G-V has a market value of around US$ 15 million.

Rick Hendrick Biography

Early Life:

Joseph Riddick Hendrick III was born on July 12, 1949, in Warrenton, North Carolina. He attended Park View High School and later North Carolina State University. At the age of 14, he started racing and he won the Chrysler-Plymouth Troubleshooting Contest in Virginia at the age of 16.

Career:

When Rick was 26, he moved to Bennettsville, South Carolina, to work for Chevrolet. He became the youngest Chevrolet dealer in the U.S.

In the late 1970s, Rick started a drag boat race and won three consecutive championships and set a world record.

He now owns the Hendrick Automotive Group and has 130 franchises and employs 10,000 people across 13 states. The company sold 200,000 units and had a revenue of $9.5 billion in 2018. The company sells brands like Toyota, BMW, Volvo, Mercedes, and Porsche. One of his best selling cars is a Chevrolet Silverado 1500.

Hendrick formed his own racing team and he was able to do so by making a lot of money in the process. Hendrick Motorsports has won 11 championships and is estimated to be one of the most valuable NASCAR team at $350 million.

As a racer, he competed in the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and the NASCAR Camping World Truck Series.

In 2017 Rick Hendrick was inducted into the NASCAR Hall of Fame. Sponsors for Hendrick Motorsports include NAPA, Hooters, Mountain Dew, Kelly Blue Book, Lowe’s, and more.

Rick Hendrick pleaded guilty to mail fraud in 1987 but received a full pardon from President Clinton in 2000.

Personal Life:

On the fateful day of 31st October 2011, Hendrick got involved in a plane crash with his wife Linda, that left him with 3 broken ribs and a fractured clavicle. His son Ricky Hendrick was a NASCAR driver and died in an airplane accident.

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Quick Facts about Rick Hendrick:

Full Name Rick Hendrick
Net Worth $1 Billion
Date Of Birth July 12, 1949
Died October 24, 2004, Virginia, United States
Place Of Birth Warrenton, North Carolina, United States
Profession Businessperson, Owner of an American NASCAR team Hendrick Motorsports
Education North Carolina State University, Park View High School in South Hill, Virginia
Nationality United States of America
Spouse Linda Hendrick
Children Ricky Hendrick, Lynn Carlson
Parents Mary Hendrick
Siblings John Hendrick
Awards NASCAR Hall of Fame Inductee (2017), Leadership for Life award as presented by The Match Foundation
Nominations Best finish – 63rd (1988), First race, 1987 Winston Western 500 (Riverside), Last race, 1988 Budweiser 400 (Riverside)
Movies Dale Earnhardt Jr.: Shifting Gears

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