| Net Worth | $310 Million |
What is Craig Jackson Net Worth?
Craig Jackson, a prominent American entrepreneur, boasts a substantial net worth of $310 million. Born and raised in Arizona, Jackson’s upbringing was steeped in the world of automobiles. His father, alongside Tom Barrett, co-founded the Barrett-Jackson Collector Car Auction in 1971, initially named the “Fiesta del Auto Elegance.” Originating as a charitable fundraiser, the auction rapidly gained momentum. In 1972, the inaugural auction of automobiles commenced, notably featuring the sale of Adolf Hitler’s armored Mercedes-Benz 770K, which fetched an astounding sum of over $150,000, marking a significant milestone in the early ’70s.
From an early age, Craig Jackson immersed himself in his father’s business, assuming full operational control in 1997. Under his leadership, the enterprise evolved, incorporating online bidding platforms, while also securing a broadcasting slot on the SPEED channel. Jackson’s reputation precedes him, renowned for his meticulous attention to detail, unwavering professionalism, and an enviable personal car collection. His achievements have garnered numerous accolades, including recognition on Motor Trend’s “Top 50 Power List” within the automotive industry, not once, but twice. Since its inception, Jackson’s auction has facilitated transactions exceeding $1 billion in car sales. Annually, the event attracts over 200,000 attendees, contributing roughly $90 million in revenue to Barrett-Jackson, prior to the company’s commission deductions.
Craig Jackson Car Collection
Craig stores his remarkable collection of cars in what has been hailed as one of the most extravagant garages globally. He invested millions in constructing this garage, which boasts a circular rotunda showroom inspired by the wheel of a 1967 Shelby Cobra. Adorned with leather walls and a terrazzo-coated floor, the garage exudes luxury. A bespoke heating and cooling system were installed to shield his cars from the blistering heat of Scottsdale days and the biting cold of nights. With a collection exceeding two dozen cars, predominantly of the muscle-car genre, Craig’s garage stands as a testament to his passion for automotive excellence.
FAQ about Craig Jackson Net Worth
- What is Craig Jackson Net Worth?
- Craig Jackson Net Worth is reported to be $310 million.
- How did Craig Jackson accumulate his wealth?
- Craig Jackson inherited his wealth from his involvement in the Barrett-Jackson Collector Car Auction, a business founded by his father and Tom Barrett. He assumed full operational control in 1997 and has since expanded the enterprise, incorporating online bidding platforms and securing broadcasting slots on channels like the SPEED channel.
- What accolades has Craig Jackson received?
- Craig Jackson has received numerous accolades, including recognition on Motor Trend’s “Top 50 Power List” within the automotive industry, not once, but twice.
- What is notable about Craig Jackson’s car collection?
- Craig Jackson’s car collection is stored in an extravagant garage that he invested millions in constructing. The garage features a circular rotunda showroom inspired by the wheel of a 1967 Shelby Cobra, leather walls, a terrazzo-coated floor, and a bespoke heating and cooling system to protect the cars. His collection, exceeding two dozen cars, primarily consists of muscle cars, showcasing his passion for automotive excellence.
- What is the significance of the Barrett-Jackson Collector Car Auction?
- The Barrett-Jackson Collector Car Auction, co-founded by Craig Jackson’s father and Tom Barrett, is significant in the automotive world as one of the premier events for buying and selling collector cars. It has facilitated transactions exceeding $1 billion in car sales since its inception and attracts over 200,000 attendees annually.
Quick Summary
- Covers the net worth and background of Craig Jackson, an influential American entrepreneur with a net worth of $310 million. Jackson, who grew up in Arizona, inherited his passion for automobiles from his father, co-founder of the Barrett-Jackson Collector Car Auction. Craig took over the business in 1997, expanding it with online bidding platforms and securing a broadcasting slot on the SPEED channel. His auction has facilitated over $1 billion in car sales since its inception and attracts over 200,000 attendees annually. Jackson’s personal car collection is housed in an extravagant garage featuring a circular showroom modeled after a 1967 Shelby Cobra wheel. The garage includes luxurious leather walls, a terrazzo-coated floor, and a custom heating and cooling system to protect his cars. His collection consists mainly of muscle cars, reflecting his dedication to automotive excellence.
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