E. Joe Shoen

$4.79B

as of 10/04/24

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 America

Source of wealth

U-Haul

Residence

Phoenix, Arizona

Marital status

Married

Birth date

10/28/49 (age 74)

Education

Bachelor of Arts/Science, College of the Holy Cross; Master of Business Administration, Harvard Business School

Self-made

inherited and growing

E. Joe Shoen’s fortune is worth

80K

troy ounces of gold

74K

median U.S. household

48K

median U.S. income

0.096%

U.S. credit card volume

0.019%

GDP of the United States

0.014%

United States debt

Net worth history

Annual ranking

Did you know?

Shoen wrote his thesis at Harvard Business School on the self-storage business.

Net worth over time

Real-time ranking

Financial assets

NYSE | UHAL-US

Amerco