Jim Koons, born in 1958, is a successful automotive dealer who made his fortune through the Koons Automotive Companies, a group of dealerships founded by his father.
He has dedicated his career to the automotive industry and has a net worth of $14 million.
He has way up through the ranks and eventually leading the company to become one of the largest and most respected private dealership groups in the United States. It is time for you to slide down and get to know more about it.
What is Jim Koons Net Worth?
Jim Koons’ net worth can be estimated to be pretty decent. As an automotive dealer, he has made a lot of money in the industry.
Besides, his wealth seems to grow in a good margin every single year. That set him to a $14 million net worth as per my last update.
Jim Koons net worth is believed to increase further in the coming years in a good margin.
- Net Worth: $14 million
- Yearly Income: $1.2 million
- Monthly Income: $100K
- Daily Income: $3.3K
What is Jim Koons Automatic Company Net Worth?
Jim Koons Automotive Companies, a prominent privately-owned dealership group in the U.S., was fully acquired by Asbury Automotive Group for approximately $1.2 billion.
The acquisition, completed in 2023, solidified Asbury’s position in the automotive retail market.
Jim Koons Automotive Companies, with a peak revenue of $1.2 billion in 2022, has been a significant player in the industry, and its acquisition further bolstered Asbury’s portfolio.
The purchase price included various assets such as dealerships, parts inventory, and fixed assets.
This acquisition marked a substantial investment by Asbury Automotive Group, reflecting the value and potential of Jim Koons Automotive Companies in the market.
The $1.2 billion net worth and the acquisition deal underscore the company’s standing as a major player in the automotive retail sector.
At a Glance About Jim Koons
| Information | Details |
| Real Name | Jim Koons |
| Nickname | None |
| Profession | Automotive dealer |
| Age | 65 years old |
| Height | 5.7 feet |
| Weight | 68 kg |
| Relationship | Married to Cece Koons |
| Children | Unknown |
Early Life & Family
Jim Koons, the automotive dealer, was born in 1958 and is currently 65 years old. Jim Koons’ father, John W. Koons Sr., was a car tycoon who founded the Koons Automotive Company in 1964.
Jim Koons grew up in Leesburg, Virginia, and was one of four children. His siblings are John Jr., Joyce Koons Hish, and Catherine Koons Adams.
Jim Koons is married to Cece Koons, and they have been longtime philanthropists, donating to various organizations such as Bishop O’Connell High School in Arlington, Virginia, Northwood University, Catholic Charities, and The Talbot Hospice Foundation.
Jim Koons’ father was active in church and community affairs, and Jim Koons followed in his footsteps. He contributed a car each year to the bazaar of St. James Parochial School and helped build Bishop Denis J. O’Connell High School in Arlington.
He was also chairman of the Easter Seal Drive in Northern Virginia for several years, was active in the Fairfax County Red Cross and in the United Givers Fund.
He was a director and then an honorary director of the Boy Scouts of America, and a member of the Falls Church Volunteer Fire Department.
He was a member of St. James Church and of its parish advisory committee for the Catholic Diocese of Northern Virginia. He was a member of the Knights of Columbus
Jim Koons’s Wife
Jim Koons is married to Cece Koons. They have been married for several years and are known for their philanthropic work, donating to various organizations such as Bishop O’Connell High School in Arlington, Virginia, Northwood University, Catholic Charities, and The Talbot Hospice Foundation.
Education Life
Jim Koons pursued his higher education at Michigan University, where he graduated in 1973 with a bachelor’s degree in business management.
His academic background in business management laid a strong foundation for his future career in the automotive industry.
Additionally, Jim Koons received an honorary doctorate from his alma mater, Northwood University.
This recognition further underscores his commitment to and impact on the automotive business.
Koons’ educational background, combined with his hands-on experience in the automotive industry.
It has contributed to his success as a prominent figure in the car dealership business.
His leadership and business acumen have been instrumental in the growth and development of Koons Automotive Companies, which has become one of the largest and most respected private dealership groups in the United States.
The information available provides a glimpse into Jim Koons’ educational journey and its influence on his professional trajectory.
His academic achievements and industry recognition reflect a well-rounded and impactful career in the automotive sector.
Career Path
After completing his education, Jim Koons joined the family business, Koons Automotive Companies, which was founded by his father, John W. Koons Sr., in 1964.
He worked his way up through the ranks, learning the ins and outs of the automotive business.
Under Jim Koons’ leadership, the company expanded to 20 locations and became one of the largest and most respected private dealership groups in the United States.
He was recognized for his achievements in sales, customer satisfaction, and revenue across the dealerships.
Jim Koons was inducted into the Ford Hall of Fame and received an honorary doctorate from his alma mater, Northwood University.
These accolades highlight his impact on the automotive industry and his commitment to excellence.
Along with his wife, Cece, Jim Koons has been involved in various philanthropic activities, donating to organizations such as Bishop O’Connell High School in Arlington, Virginia, Northwood University, Catholic Charities, and The Talbot Hospice Foundation.
In September 2023, Asbury Automotive Group completed a $1.2 billion acquisition of Jim Koons Automotive Companies.
This acquisition marked one of the biggest deals in auto retail history and demonstrated the success and reputation of the company under Jim Koons’ leadership.
Jim Koons Social Activities
| Social Site Name | Profile Link |
| https://www.facebook.com/koonsauto/ | |
| https://www.instagram.com/koonsauto/?hl=en | |
| X | https://twitter.com/koonsauto?lang=en |
| https://www.linkedin.com/in/jim-koons-04330128 |
Conclusion
You already know about Jim Koons’ net worth, his career achievements, personal life, and other details. I hope it will inspire you on your life.
You need to be focus and do whatever you like in life. Follow your passion like Jim Koons and earn success in your lovely life.
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