Net Worth: $400 Million
- Source of Wealth Automotive
- Birth Place Brooklyn, New York
- Marital Status Married to Jeanette
- Full Name John Staluppi
- Date of Birth 1947
- Occupation Owner of Atlantic Automotive Group, Millennium Super Yachts and Car of Dreams Museum
About John Staluppi
American entrepreneur John Staluppi has an estimated net worth of $400 million. He is a native New Yorker who was born in Brooklyn in 1947. His life started from humble beginnings. During the1950’s, he was lucky enough to witness the golden years of American automobile with the innovation, imagination, and vision in the automotive industry.
Staluppi has accumulated his estimated net worth when he worked primarily as a mechanic for Chevrolet at the age of sixteen. After proving his worth as a mechanic, his father helped him out for a loan to open his first Sunoco station. With his creative marketing, he was able to be successful in his venture and went on to manage and own several Sunoco stations.
His successes and practical experiences encouraged him to take a risk on a venture called Honda, an unknown name during that time. Staluppi used the profits from his gas station business to invest in the fledgling company. He was able to see the potential opened a Honda motorcycle shop in the early 70’s. After a decade of hard work, he owned around 20 dealerships and the name Honda became popular in the United States. His next venture was with Hyundai and it proved to be another success.
Mr. Staluppi’s company is now known as the Atlantic Automotive Group, one of the top 15 dealerships in the country which has the annual revenue of more than $1 billion. He also has expanded his business interest into the yachting industry. He owns the Millennium Super Yachts, a luxury yacht manufacturer based in Florida. Also, he owns the Car of Dreams Museum which is dedicated to cars from the 50’s located in Florida.