American automotive designer, racecar driver, and entrepreneur Carroll Shelby has an estimated net worth of $40 million. He earned his net worth for his involvement with the AC Cobra and later the Mustang-based performance cars for Ford Motor Company known as Mustang Cobras as well as in the Formula One racing. In 1962, he founded his company Shelby American Inc. and it currently sells modified Ford vehicles as well as performance parts. Shelby was born Carroll Hall Shelby on January 11, 1923 in Leesburg, Texas. His father Warren Hall Shelby is a rural mail carrier and her mother is Eloise Lawrence Shelby. He suffered from a heart valve leakage when he was seven years old and spent most of his childhood in bed. He honed his driving skills with his Willys automobile while he attended Woodrow Wilson High School in Dallas. Texas. He then enrolled at The Georgia School of Technology in the Aeronautical Engineering program. However, because of the war, he enlisted in the United States Army Air Corps serving as a flight instructor and test pilot during in the World War II. He graduated with the rank of staff sergeant pilot. As an amateur driver, he started his career racing his friend’s MG TC. During the 1950s, he became a driver for the Cad-Allard, Aston Martin and Maserati teams. He was the second American born driver to win the 24 hours of Le Mans in France in 1959. As an automotive designer, he has designed sports cars for Ford, Dodge, and Oldsmobile as well as pursuing his own project. He was named the 2008 Automotive Executive of the Year. On May 10, 2012, he died at the age of 89 after suffering from a serious heart ailment for decades and he had a transplant in 1990. He formed a charity which helps children to get the organ that they needed.