John Staluppi Net Worth

Net Worth: $600 Million

(Net Worth was $400 Million in 2015)

About John Staluppi

John Staluppi is an entrepreneur with an estimated net worth of $600 Million. He was born in Brooklyn in 1947 who lives in New York. His career in the automobile industry started since there was demand. During the 1950’s in American automobile sector Staluppi had the innovation, imagination, and vision in the automotive industry.

Staluppi has accumulated his estimated net worth when he worked primarily as a mechanic for Chevrolet at the age of sixteen. After proving his worth as a mechanic, his father seeded him out for a loan to open his first Sunoco station. He was able to be successful in his venture and went on to manage and own several Sunoco stations buying into more franchises.

His successes encouraged him to take a risk on a venture called Honda, an unknown name during that time in the United States. Staluppi used the profits from his gas station business to invest in the fledgling company. He was able to see the potential and opened a Honda motorcycle shop in the early 70’s. After ten years of hard work, he owned around 20 dealerships and the name Honda became popular in the United States. His next venture was with Hyundai and it proved to be another success.
Mr. Staluppi’s company is now known as the Atlantic Automotive Group, one of the top 15 dealerships in the country which has an annual revenue of more than $1 billion. He also expanded his business interest into the yachting industry. He owns the Millennium Super Yachts, a luxury yacht manufacturer based in Florida. Also, he owns the Car of Dreams Museum which is dedicated to cars from the 50’s located in Florida.

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