"The Mysterious Billionaire Behind the Car Dealership Empire"

1 min read
Source: Forbes
"The Mysterious Billionaire Behind the Car Dealership Empire"
Photo: Forbes
TL;DR Summary

Terry Taylor, an elusive billionaire, owns over 120 car dealerships across the U.S. with a net worth of $1.9 billion. Despite his massive success, he maintains a low profile and rarely grants interviews. Taylor's empire, Automotive Management Services, operates in secrecy, with each dealership registered under its own LLC. His business strategy involves partnering with general managers, allowing them to have a stake in the dealership. Taylor's penchant for the good life is evident in his lavish homes and private jet. Despite legal disputes and the recession, Taylor's empire continues to thrive, making him a mysterious figure in the car dealership industry.

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