Source of Wealth:Automotive
Marital Status:Married to Brigitt Rok
Full Name:Alan Potamkin
Occupation:Co-Chairman of Potamkin Automotive Group Inc.
About Alan Potamkin
Alan Potamkin is the Co-Chairman of Potamkin Automotive Group Inc. along with his brother Robert Potamkin and he has an estimated net worth of $150 million. Founded by Victor Potamkin in 1954 in Philadelphia, Pennsylvania, is a privately-held automotive group that is now headquartered in Miami, Florida. By 1970, Victor owned three Chevrolet dealerships and he subsequently turned them over to his sons, Alan and Robert.
The Potamkin brothers ran successful operations and continued to look for innovative ways to expand the business that their father left them with a dream to be the best name in the industry. They applied the “Power of Partnership” philosophy that promotes the application of best practices, continuous improvement, and the execution of superior purchasing and ownership experience. They had been successful in expanding the business in the 80's and 90's.
Since then, the business has more than doubled in size and continues to actively acquire and develop dealership locations. Currently, it is located in Beverly Hills, Sacramento, Los Angeles, El Paso, Houston, Miami Lakes, North Miami Beach, Doral, Kendal, Manhattan, Harlem, Philadelphia, and Springfield, Illinois with 40 franchises in the five states. It has more than $1.5 billion in annual sales with over 1,500 employees. It is run as a franchise and each dealership owner is free to diversify their brand offerings, localize operations and re-invest capital. Its line of vehicles includes brands such as Audi, Ferrari, Chrysler, Toyota, and Volkwagen
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