Carroll Shelby Net Worth

Carroll Shelby Net Worth : $40 Million

Profile

An American Entrepreneur, Racing Driver and Automotive Designer

Nationality

American

Source of Wealth

Automotive, Racing, Business

Date of Birth

January 11, 1923 (Died on May 10, 2012)

Education

Did graduation from Wilson

Marital Status

Divorced

Children

3

Shelby’s Income and Net Worth

Carroll Shelby used to possess a total net worth of $40 million. The American automotive designer and Formula One racer was born in Texas on January 11, 1923. Shelby designed sports cars for Ford, Oldsmobile and Dodge. He also designed cars for AC Cobra, as well as Mustang Cobra- a Ford Motor Company. His capabilities to race automobiles at elating speeds made him the eminent personality of the automobile industry. On May 10, 2012, he died of a serious heart ailment, at the age of 89.

Business Ventures

Shelby initiated his career as a car driver, but after taking retirement from driving, he opened the Shelby- American Company and a driving school. In the year 2003, Carroll Shelby mended his ties with Ford Motor Company and was appointed as a technical advisor of the Ford GT project. He also started Carroll Shelby, Inc. in Nevada. He worked with Dodge and also done several projects with Ford Motor Company. Shelby was associated with chili fixing kits and founded Terlingua International Chili Championship in Texas.

Philanthropic Activities

Carroll Shelby founded a charity, called “Carroll Shelby Foundation”, which aims to provide medical assistance to the children struggling with life-threatening disorders. This foundation immensely contributed towards bringing a new ray of hope in the life of kids, throughout the world.

Achievements

Carroll’s achievement comprises of several victories and accolades. He was named as the Automotive Executive of the Year in 2008. He was inducted into the SCCA Hall of Fame, the Motorsports Hall of Fame of America, and the International Motorsports Hall of Fame.