The Hidden Billionaire Behind the Car Dealership Empire 🚗

For four decades, Taylor has quietly built a sprawling empire in the shadows, though there are more than a few signs of him if you know where to look. After receiving a tip from a longtime source, Forbes began digging into Taylor and his Automotive Management Services, looking through dozens of Florida business records and speaking to eight people who know of him, including analysts, rival car dealers and business partners.

All told, Forbes estimates Taylor’s net worth to be $1.9 billion. Most of it is tied up in his estimated 75% stake in Automotive Management Services, which owns more than 120 dealerships across America and is worth some $1.6 billion, by our count. But, like Batman’s alter ego Bruce Wayne, Taylor also has a penchant for the good life. He’s spent at least $180 million on lavish homes, including $30 million for Tommy Hilfiger’s New York City penthouse in 2019; he also has a $45 million private jet with his initials TT on the tail.

Read the full story on Forbes: https://www.forbes.com/sites/devinseanmartin/2024/01/15/the-car-dealership-billionaire-no-one-knows/?sh=57453adf5585

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