E. Joe Shoen
$4.2B
as of 03/12/25
About E. Joe Shoen
Joe Shoen is the president and chairman of U-Haul's parent company Amerco. He owns around 20%.
His parents, L.S. and Anna Mary Shoen, cofounded the truck and trailer rental company in 1945.
Worried that his father was wrecking the company, Joe led a coup in 1986, forcing his dad into retirement and alienating most of his 12 siblings.
Brother Mark Shoen, also a billionaire, reportedly remains on good terms with Joe.
Despite his problems working with his own dad, Joe's son Sam is an executive at Amerco.
Personal stats
Citizenship
United States of AmericaSource of wealth
U-HaulResidence
Phoenix, ArizonaMarital status
MarriedBirth date
10/28/49 (age 75)Education
Bachelor of Arts/Science, College of the Holy Cross; Master of Business Administration, Harvard Business SchoolSelf-made
inherited and growingE. Joe Shoen’s fortune is worth
70K
troy ounces of gold
65K
median U.S. household
42K
median U.S. income
0.084%
U.S. credit card volume
0.017%
GDP of the United States
0.012%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Shoen is known for his frugality, insisting employees stay in cheap motels, two to a room.
Net worth over time
Real-time ranking
Financial assets
NYSE | UHAL-US
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