Rick Hendrick Net Worth

Rick Hendrick Net Worth, How did the American entrepreneur accumulate his wealth? Read on to find out more about Rick Hendrick Net Worth and his career.

About Rick Hendrick

Rick Hendrick Net Worth

CHARLOTTE, NC – JANUARY 19: NASCAR Hall of Famer Junior Johnson(left) and NASCAR Hall of Fame inductee Rick Hendrick pose for a photo prior to the NASCAR Hall of Fame Class of 2017 Welcome Dinner on January 19, 2017 in Charlotte, North Carolina. (Photo by Jared C. Tilton/Getty Images)

He is an American businessman and entrepreneur. Rick Hendrick is best known for being the owner of the NASCAR team Hendrick Motorsports.

Rick and his wife Linda were involved in a plane crash in 2011 that left him with 3 broken ribs and a fractured clavicle. His son Ricky Hendrick was a NASCAR driver, he also died in an airplane accident.

What is Rick Hendrick Net Worth? Continue reading to find out more about Rick Hendrick Net Worth.

Full Name: Joseph Riddick Hendrick III
Profession: Entrepreneur
Date of Birth: July 12, 1949
Nationality: American
Age: 70
Net Worth: $1 Billion

Rick Hendrick Early Life and Career

Joseph Riddick ‘Rick’ Hendrick III was born on the 12th of July, 1949 in Warrenton, North Carolina. He started drag racing at the age of 14 in a self-built 1931 Chevrolet.

After college, he opened a small used-car lot and became the general sales manager. At the age of 16, Hendrick won the Virginia division of the Chrysler-Plymouth Troubleshooting Contest, a two-part test consisting of a written exam and a timed hands-on diagnosis and repair of defects planted on a car.

During high school, he considered being a professional baseball player. Then after high school, Rick decided to pursue a co-op work-study program with North Carolina State University and Westinghouse Electric Company in Raleigh, North Carolina.

After college, Rick opened a small used-car lot and became the general sales manager. He became the youngest Chevrolet dealer in the U.S. He now owns the Hendrick Automotive Group and has 80 franchises in ten different states.

Rick serves as chairman and the company is the sixth-largest dealership in the U.S. As a racer, he competed in the NASCAR Sprint Cup Series, NASCAR Nationwide Series, and the NASCAR Camping World Truck Series.

He began a drag boat racing team in the late 70s that won three consecutive championships and set a world record. Rick Hendrick moved to NASCAR Model Sportsman Series and earned a victory.

Rick started All-Star Racing in 1984. He now owns the Hendrick Motorsports racing team and has four full-time drivers: Jimmie Johnson, Chase Elliott, Alex Bowman, and William Byron. His drivers include Jeff Gordon, Dale Earnhardt, Jr., and Kasey Kahne.

Hendrick Motorsports has won 12 Monster Energy Cup Series championships. In 2017, Rick was inducted into the NASCAR Hall of Fame. The sponsors for Hendrick Motorsports include NAPA, Hooters, Mountain Dew, Kelly Blue Book, Lowe’s, and more.

In 1984, the brand opened and is co-owned by Jeff Gordon and Rick’s wife Linda Hendrick. Rick pleaded guilty to mail fraud in 1987 but received a full pardon from President Clinton in 2000.

Rick Hendrick Net Worth

As of 2020, Rick Hendrick Net Worth is $1 Billion. Rick Hendrick Net Worth is earned from his career as a businessman and entrepreneur.

 

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