gregory penske net worth

International Speedway operates 13 motorsports stadiums that host more than 100 motorsports events during the racing season, including the famed Daytona 500 and Talladega Superspeedway races. The company is privately held by the Penske family. Blair is the only daughter in the Penske family. Education He graduated from Lehigh University Game & Races (1) What is Roger's zodiac sign? [1][2] Headquartered in El Monte, California, Penske Motor Group currently operates five dealerships in California and Texas and is a division of Penske Corporation. But if you're a player for the Kansas City Chiefs, what would you ask if you were allowed to attend one of these things? On average, Penske Automotive Inc executives and independent directors trade stock every 43 days with the average trade being worth of $22,839,169. However, the exact details of her net worth are still unknown. May 24, 2022 . The company has built a casino at its Kansas Speedway in a joint venture with Penn National Gaming. Despite all that, Penske wouldrank only fifth at best in terms of the richest people closely involved with the IndyCar series. Mr Penske, 34, who is the youngest son of auto magnate Roger Penske, confirmed the happy news at yesterday's IndyCar race in Birmingham, Alabama. Again in 1997, he received the Young Leadership & Excellence Award. Gregory W Penske is the director of International Speedway Corp. In summary, during the past 3 months, insiders sold 0 shares of International Speedway Corp (ISCA) in total and bought 0 shares, with a net Penske Automotive Group operates in about 20 U.S. states and overseas. In summary, during the past 3 months, insiders sold 0 shares of Ares Capital Corp (ARCC) in total and bought 0 shares, with a net Most recently, ABC Supply was featured on the Foytteams No. Overall, Penske Racing has racked up more than 500 victories and over 40 championships in total. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-leader-1','ezslot_5',132,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-leader-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-leader-1','ezslot_6',132,'0','1'])};__ez_fad_position('div-gpt-ad-biographytalks_com-leader-1-0_1');.leader-1-multi-132{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}Blair walked down the aisle with Brandon Porter in 2003. Gregory W Penske Net Worth What's Gregory Penske's mailing address? The CEO and chairman of the Penske Motor Group, Gregory Penske, is the second eldest son of Roger Penske, a businessman and auto race professional. He is from United States. of 15,000 shares made by Mary Beth Henson It has 152 U.S. light-vehicle stores including in Puerto Rico as well as 180 franchised dealerships overseas, primarily in the United Kingdom. Children Jay Penske, Roger Penske Jr., Gregory Penske, Mark Penske, Blair Penske . It is no secret that this sum of money might change in the future as Roger continues his successful businesses. In the last 14 years, insiders at Penske Automotive Group,. . Pence . Early Life & Family His birthplace is the United States of America. Blair Penske was born to an American businessman and entrepreneur, Roger Penske and Kathy Penske. In June 2019, President Trump announced that Penske will be awarded a Presidential Medal of Freedom, the highest civilian award in the U.S. In a mini-version of Roger Penske's $5-billion empire, son Greg heads his own burgeoning marketing operation, the Southern California-based Penske Automotive Group Inc., with 1,000 employees and . He is a member of the Toyota Parts and Service Advisory Council, the Toyota President's Cabinet and the Toyota Board of Governors and Lexus League of Elite Dealers. The most recent stock trade was executed by John Barr on 2 August 2022, trading 5,000 units of PAG stock currently worth $580,300. Gregory was born and raised under the shadow of his racer father and brother. Temilade Openiyi, better known by her stage name, Who is Maribel Guardia? His achievement has been built on a foundation of hard effort. 7x Cy Young winner Roger Clemens talks up golf, and which rocker and White House resident he'd want with him inside the ropes. He made his first professional start at the Marlboro Motor Raceway in Maryland. The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, the United Kingdom, Canada, and Western Europe. Estimated Net Worth (As in 2022) N/A Family and Relationship Social Media Social Media N/A Kathy Penske Wikipedia Celebrity wife and businesswoman Kathy Penske was born on June 1, 1947, and is 74 years old. The name of his home town is Shaker Heights, Ohio, United States. He was born in Ohio, United States. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-banner-1','ezslot_10',131,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'biographytalks_com-banner-1','ezslot_11',131,'0','1'])};__ez_fad_position('div-gpt-ad-biographytalks_com-banner-1-0_1');.banner-1-multi-131{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}She is the only daughter of her famous billionaire father and has two biological brothers named Mark Penske and Jay Penske. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'biographytalks_com-large-mobile-banner-2','ezslot_9',135,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-large-mobile-banner-2-0');As regards her husband, Mr. Brandon Hall, he the son of Sophia and Stephen J. Roger Penske Son. TIMES STAFF WRITER. , Roger S. Penske (born February 20, 1937) is an American entrepreneur involved in professional auto racing. Her father, Roger, is a former car driver who founded publicly traded car and truck dealer Penske Automotive Group. Last updated: 16 December 2022 at 8:41am EST. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. His son, Ernest Garcia III, is Carvanas cofounder and CEO and worth $9.3 billion, No. 83 on the list. . DONATION OPTIONS How You Can Help Today. Penske also attended General Motors Institute (now Kettering University) and worked at a Chevrolet and a Cadillac-Oldsmobile dealership while in college. Her father is the chairman of both the transportation company Penske Corporation and the car retailer UnitedAuto Group, both of which are based in Bloomfield Hills, Michigan. Piercey later offered him a job at this Cadillac Agency after he graduated. GuruFocus.com is not operated by a broker or a dealer. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Well, Roger Penske's age is 85 years old as of today's date 17th February 2023 having been born on 20 February 1937. All Systems Roger. Garcia, a 64-year-old Arizona resident, ranks as the largest shareholder of Carvana, the primary sponsor that helped back Jimmie Johnsons rookie IndyCar bid with Chip Ganassi Racing. She has two biological brothers, Mark Penske and Jay Penske. Blair is the only daughter with four other siblings. Roger Penske (1969-)Penske Corporation / CEO Greg Penske Vice Chair of Penske Automotive Group and Chairman and CEO of Penske Motor Group. International Speedway Corp (ISCA) When is Penske's next birthday? Her husband, Brandon Hall, is an account executive of My ePHIT, an internet-based company that provides health advice. When Roger joined the now-defunct Marlboro Motor Raceway in Upper Marlboro, Maryland, he began his career in racing in the early 1960s. According to the company, individual net worths for the Forbes 400 were calculated using stock prices and exchange rates from Sept. 3. Though, he is 5'8" in feet and inches and 170 cm in Centimetres tall, he weighs about 154 lbs in Pound and 70kg in Kilograms. of 11,418 shares. If not much, we have compiled all you need to know about Roger Penske's net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. We welcome all corrections and feedback using the button below. With all those experiences and his hard work, he turned the Penske Motor Group and other companies owned by his father into award-winning companies. The Petersen Automotive Museum offers both in-person education and online learning in a variety of automotive concepts including car history, vehicle design, mechanical engineering, and the future of the automotive industry. It was an opportunity for Gregory to gain more experience. Based in Bloomfield Hills, Michigan, the company's holdings include Penske Automotive Group, which runs car dealerships throughout the United States; Penske Motor Group; Penske Truck Leasing; Penske Logistics; and Ilmor Engineering, which makes high-performance motorsport engines. of 5,000 shares made by John Barr We and our partners use cookies to Store and/or access information on a device. The most recent stock trade was executed by Shane M. Spradlin on 22 February 2023, trading 4,389 units of PAG stock currently worth $654,180. Category: Richest Athletes Race Car Drivers. Besides this, there is no information regarding the couples life. He has worked as the crew chief for Robby Gordon Motorsports, Roush Fenway Racing, Team Penske, and Wood Brothers Racing at the NASCAR Cup Series, and for Penske in the NASCAR Xfinity Series. Salary in 2020. sale But there is no more information on her educational background. He did his schooling at Episcopal Academy, a private school in Philadelphia. However, it's uncommon for channels to rely on a single source of revenue. Refer a Friend and Earn One Month of Free Membership. Greg Penske's grandparents: Greg Penske's grandfather was Gordon Stouffer Greg Penske's grandmother was Ina Mae Marshman Greg Penske's grandfather is Julius H Penske. Over the past 18 months, Gregor also has an elder brother named Roger Jr. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographytalks_com-leader-3','ezslot_13',135,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-leader-3-0');Besides Roger Jr, Gregory also has two half brothers, Mark and Jay, and one half-sister Blair from his fathers second marriage to Kathy Penske. 2004-2023 GuruFocus.com, LLC. Roger Penske is one of the most successful entrepreneurs in the USA, but this has never overshadowed his son Gregory Penske. We have estimated Roger Penske's net worth , money, salary, income, and assets. Roger Penske is an American Businessman who has a net worth of $2.6 billion. Roger Penske got married again to Kathy Penske after his divorce from Lissa. a net Hall of Park City. Last updated: 16 December 2022 at 8:41am EST. It has not been an easy step to win the competition. Estimated Net Worth (As in 2022) Approx. Co-President Michael Kort Schnabel Her father's net worth is estimated at $2.9 billion. Blair Penske is the heiress to her father's billion-dollar fortune and has a significant claim on his valued worth. Penske became new car sales manager at Longo Toyota, Penske Motor Group's flagship dealership, in 1988 and today is Chairman and CEO of the organization. Find out about race car driver Roger Penske: Age, net worth, siblings, What he did before fame, his family life Fun facts: before fame, family life, popularity rankings, and more Translate of 373,470 shares. The estimated Net Worth of Robert H Jr Kurnick is at least $18.2 Million dollars as of 1 June 2022. Penske has 5 sons - Jay Penske, Blair Penske, Mark Penske, Gregory Penske and Roger Penske Jr. Penske is a smart and intelligent woman. It is in the Oakland County. The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Desperate Russian Forces Are Adding 80-Year-Old Naval Guns To 70-Year-Old Armored Tractors, Porsche Penske Motorsport Enters Three Cars For 24 Hours Of Le Mans, Analyzing Penske Automotive Groups Dividend Growth Potential, Patrick Mahomes, Other Kansas City Chiefs Have Questions For Roger Goodell And NFL, Whats NFL Flex Scheduling? . Nicknamed the "Captain," Penske is the most successful owner in the history of the Indianapolis 500, with 18 victories between 1972 and 2019. Public asset : 5,550,659 USD. Jay Penske's Net Worth 2022 : Salary, Income, Curriculum Vitae, and Professional Background Information! Gregory is successfully operating the Penske Motor Group. Gregory W Penske made As a teen, Penske purchased old cars, fixed them up, and sold them at a profit from his family's house. Penske Automotive Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Roger Penske was born on February 20, 1937 in Shaker Heights, Ohio. Hall of Park City, Utah. In October 2019 he was awarded the Presidential Medal of Freedom by President Donald Trump. This investment adviser does not provide advice to individual investors. So, Roger transferred Gregory as the new CEO and chairman of his other company Penske Motor Group and appointed his eldest son as the president of Penske Motorsports. ABC Supply also sponsored part of Tony Kanaans partial-season run in 2020. Flight deals from Dallas Fort Worth International to Tbilisi . As noted, Kathy is Mr. Penske's wife #2, his first wife is Lissa (nee. In the fall of 2015, hed climbed to $2 billion, though that dropped back down to $1.4 billion by spring of the following year. Since this spring, IndyCar experienced a noted resurgence with four first-time winners, the arrival of world-famous ex-F1 driver Romain Grosjean, the landing of contract extensions with series title sponsor NTT and exclusive broadcast partner NBC, and hosting the pandemics largest single-day gathering to date at Mays Indy 500. Feadship. One of Penskes longtime sponsors in both NASCAR and IndyCar trails the elder Garcia. When it comes too fast, there might be something wrong with it.. 937 per passenger. Roger Penske is the founder and chairman of Penske Corporation, a closely-held, diversified, on-highway, transportation services company whose subsidiaries operate in a variety of industry segments, including retail automotive, truck leasing, transportation logistics and professional motorsports. This was the beginning of Roger Penske's net worth: it may have been small but still significant. sale Looking for a cheap last-minute deal or the best return flight from Dallas Fort Worth International to Tbilisi? Her mother is also a member of the board of the Nantucket Conservation Foundation and the Detroit Symphony Orchestra. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Their names are Roger Jr. and Gregory Penske. Skilled Archer Pete Shepley Who He Is & How He Built His Empire!!! Click here to see the complete history of Gregory W Penskes form 4 insider trades. Kathryn Blair Penske is one of the American celebrated media personalities who is best known as the daughter of billionaire businessman Roger Penske and his wife, Kathy Penske. sale Greg Penske overall profits continue to grow daily, and he is gaining popularity on all sides. In 1994, Automotive News also named him the Dealer of the Year. Katy Williams . According to Celebrity Net Worth, Mike Pence is worth a smooth $1 million. His career began in the late 90s, and he quickly became a legend in the racing community. "Glassdoors Highest Rated CEOs 2015"; Glassdoor published June 9, 2015. Well, how well do you know about Roger Penske? Temilade Openiyi, better known by her stage name, Tems, is a professional Nigerian Who is Maribel Guardia? Penske resigned from those positions in 2005 to chair the Detroit Super Bowl Committee for Super Bowl XL in Detroit, Michigan. HOVER TO REVEAL NET WORTH BY YEAR . Over the last 15 years, insiders at Penske Automotive Inc have traded over $149,788,878 worth of Penske Automotive Inc stock and bought 12,490,364 units worth $537,630,461 He continued to race until 1965, at which time he retired to focus on his first Chevrolet dealership in Philadelphia. Above is the net worth, insider trading, and ownership report for Gregory W Penske. His businesses generate revenues up to $26 million every year and thus amount to his considerable net worth. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[468,60],'biographytalks_com-medrectangle-3','ezslot_11',130,'0','0'])};__ez_fad_position('div-gpt-ad-biographytalks_com-medrectangle-3-0');Gregory is the CEO of the multibillion-dollar Penske Motor group. Penske attended the Episcopal Academy in Philadelphia and graduated from Cornell University in 1984, where he earned a degree in business management. Beyond auto racing, Penske serves as a corporate director at General Electric. He has also been awarded the highest civilian award in the U.S, i.e. Luke Bryan is an American country musician well known for his chart-topping hits such as Who is Laura Lasorda? Gregory's mailing address filed with the SEC is 2555 TELEGRAPH RD., , BLOOMFIELD HILLS, MI, 48302. . In summary, during the past 3 months, insiders sold 6,418 shares of Penske Automotive Group Inc (PAG) in total and bought 0 shares, with a net ", https://en.wikipedia.org/w/index.php?title=Gregory_Penske&oldid=1037376926, Short description is different from Wikidata, Articles with dead external links from August 2021, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 6 August 2021, at 05:52. Age : 59. Sold (or bought if negative) in USD MITSUI & CO KURNICK RO a Presidential Medal of Freedom, which President Trump declared in June 2019. Mr. Penske joined our Board in May 2020, has served as our Vice chair of the Board since January 2023 and was previously our Director from May 2014 to May 2017. EVP - Human Resources Denker Claude H Iii His father is race car team owner and entrepreneur Roger Penske. Gregory W Penske Mailing Address Above is the net worth, insider trading, and ownership report for Gregory W Penske. Later, in 2012, he won his first NASCAR Sprint Cup Championship with driver Brad Keselowski. Feadship is a Dutch yacht building company, based in Aalsmeer and Kaag, Netherlands. The company is based in Michigan and was called United Auto Group before changing its name in 2007. On Sunday, he finally gets to host the Indianapolis 500 that he has dreamed of with a full capacity crowd. In 1966, Penske debuted his professional auto racing organization, Penske Racing, at the 24 Hours of Daytona. The ceremony was held at the Bountiful Temple in Bountiful, Utah. International Speedway Corp (ISCA)'s detailed insider trading history can be found in Insider Trading Tracker table. Stouffer) mother of two of his five children. Date of Birth: Feb 12, 1984 (39 years old) Place of Birth: Penske has five children: Roger Jr., Gregory, Mark, Blair, and Jay. 64 in the country. Ares Capital Corp is a United States-based closed-ended specialty finance company. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. a net Though it's not presently known how close Penske was in September to this years Forbes 400 cutline of $2.9 billion, hes now reached that mark, according to Forbes Real-Time Billionaires List. Continue with Recommended Cookies, Your email address will not be published. In addition, he makes $333,880 as Independent Director at Penske Automotive Inc. Gregory Penske is the chairman/CEO of Penske Motor Group, which owns and operates Toyota, Lexus and Mercedes-Benz dealerships in California and a Toyota dealership in Texas. Its portfolio comprises of first lien senior secured loans, second lien senior secured loans, and mezzanine debt (subordinated unsecured loan), which may include equity components that are diversified by industry and sector. Two years after that, Penske acquired a 51% stake in Dick Johnson Racing, an Australian V8 Supercars team; it was subsequently renamed DJR Team Penske. Roger Penske Wife. Blair married her husband Brandon Porter Hall on July 13, 2003. Meet Mrs. Kathy Penske; she is the second wife of racing car team owner Roger Penske, a former car driver who recently purchased the Indianapolis Motor Speedway. The marriage took place in Bountiful Temple in Bountiful, Utah. His rise to the status of one of the worlds wealthiest people is a direct result of this success. definitive ranking of the wealthiest Americans in 2021, hosting the pandemics largest single-day gathering, 'No matter how bad it seems, everything's an opportunity', Behind the scenes on Penske's fan-less500, Penske was 'shaking like a leaf,' making the 2021 race 'a big win', Penske's purchase saved IndyCar, IMS from a 'challenging' future, Penske has new vision for IMS renovations, He discusses relationship with Indy, future of Freedom 100, more, Penske on Larson at 500, ovals, F1 at IMS, Indy Lights, Paretta, the primary sponsor that helped back Jimmie Johnsons rookie IndyCar bid, former Team Penske IndyCar driver Simon Pagenaud, Your California Privacy Rights / Privacy Policy. Aside from this, he is also one of the heirs of the enormous inheritance of his father. All Rights Reserved. Blairs mother, Kathy Penske, is a businesswoman and an entrepreneur. , It was founded in 1949 and it is considered one of the most prestigious and exclusive yacht builders in the world. All rights reserved. Likewise, details regarding her social media accounts are still unavailable. It also ran cars in the CART series with some of the world's greatest drivers, such as Bobby Unser, Tom Sneva, Emerson Fittipaldi, Mario Andretti, and Helio Castroneves. EVP & CFO Michelle Hulgrave Gregory's mailing address filed with the SEC is 2555 TELEGRAPH RD., , BLOOMFIELD HILLS, MI, 48302. Other key executives at Ares Capital Corp include 1. After inquiring, he brought it by spending all his savings along with some loan. Roger Penske zodiac sign is pisces. Gifts of all kinds are accepted with gratitude. Also, the company pored over files from the Security and Exchange Commission, court records and more, and took into account stakes in both public and private companies, and a persons various art, yacht, plane and jewelry collections, among other things. Roger Panke is a successful businessman. It's not what you think. After getting his start in competitive racing in the sport of hillclimbing, Penske did road course racing in Porsches. sports category (assuming no other crossovers would be applicable), hed be tied for 14th. In 2015, Gregory was again in the limelight for being one of the highest-rated CEOs in the list published by Glassdoor. purchase The real name of this American businessman is Roger Searle Penske. ONTANA . Back in April 2020, Forbes listed Penske as worth $1.1 billion, a steep drop-off from what he was listed at via the site's real-time tracker at the time he announced plans to purchase IMS and. Who is Temilade Openiyi, aka "Tems"? On the national stage, he was awarded a Presidential Medal of Freedom in 2019. Penske, who couldn't be reached for comment, planned to convert the church into a home for his family, with a rooftop deck and four-car garage. of 1,695 shares made by Penelope F Roll Penske's estimated net worth is $3.2 billion as of 2023. If you consider how rich Roger Penske is, it has been estimated that Roger's net worth is $1.1 billion. Photo Credit: Celebrity Net Worth Roger Penske Nationality. 16 Ford Fusion is Greg Biffle, one of the richest NASCAR drivers in the game. He's a 1959 graduate of Lehigh University in Pennsylvania, where he was likewise an associate of the Phi Gamma Delta fraternity. Father of Brandon is a retired employee of a New York-based insurance company where he served as the vice-chairman of the sales department. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, the United Kingdom, Canada, and Western Europe. Penske Corporation is the holding company of Penske's activities. Her net worth is assumed to be in hundreds of millions. Sitting No. , Feadship specializes in building custom-made luxury motor yachts, ranging in size from 40 meters to over 100 meters in length. As owner, he has also won multiple NASCAR Xfinity Series Championships and IndyCar Series Championships. On average, Penske Automotive Inc executives and independent directors trade stock every 42 days with the average trade being worth of $22,299,758. Net Worth: $45 Million. purchase However, the exact details of her net worth are still unknown. Her father first started his career with one car dealership in 1965, which was created with a $75,000 loan from her grandfather. In 2009, Penske left the American Le Mans Series to join the rival Grand-Am Rolex Sports Car Series for the season. Manage Settings The company focuses on investing primarily in U.S. middle-market companies with investment opportunities as well as in larger companies. 0 1,220 . It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Using these estimates, we can estimate that Tbilisi Beats earns $13.3 thousand a month, reaching $199.51 thousand a year. His father, Regor, was a professional car racer while his eldest son Roger Jr too raced Super Vees. Past performance is a poor indicator of future performance. Penske Automotive Group Inc (PAG)'s detailed insider trading history can be found in Insider Trading Tracker table. By using biographytalks.com you agree to our Terms of use and Privacy Policy. On this Wikipedia the language links are at the top of the page across from the article title. of 0 shares. of 2,029 shares made by Greg C Smith Roger Penske Net Worth $1.1 Billion. Whats more, it represented a near-doublingof his net worth from April 2020 to April 2021, falling in line with the trend of Americas richest billionaires, who collectively saw their fortunes increase 40% from the summer of 2020until last month. After working for a few years, he got appointed in Penske Motorsports, Inc as its president. Perhaps its richest? How has the Suns' new starting group performed? Kathy Penske estimated Net Worth, Age, Affairs, Height, Dating, Relationship Stats, Salary as well as short Biography with top 10 popular facts! He was determined to start building a business career like his father before he was twenty-five by owning his dealership. . 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gregory penske net worth