H Wayne Huizenga Net Worth 2023: Mansion Sold To Former Pet Supermarket Owner
H Wayne Huizenga Net Worth: American businessman, entrepreneur, and garbage magnate Wayne Huizenga Sr. Huizenga, who came from a long line of garbage collectors, founded and led Waste Management Inc., the biggest waste disposal firm in the United States and a current member of the prestigious “Fortune 500.”
Huizenga was involved in a number of different businesses outside garbage management. He started the car dealership “AutoNation,” and he also had stakes in “Blockbuster Video,” “Extended Stay America,” the “Miami Dolphins” of NFL, the “Florida Panthers” of NHL, and the “Florida Marlins” of MLB.
H Wayne Huizenga Net Worth
At the time of his death in 2018, American businessman and professional sports franchise owner H. Wayne Huizenga was worth $2.8 billion. H. Wayne Huizenga was an extremely successful entrepreneur who built not one, not two, but THREE firms into Fortune 500 conglomerates. He founded Waste Management, Inc.
In 1968 with a single garbage truck and built it into a Fortune 500 powerhouse. To prepare for the company’s initial public offering in 1972, he bought out 133 smaller waste operations. In 1983, Garbage Management had already become the most prominent US waste management firm.
Huizenga then replicated this model with Blockbuster Video, expanding the company from a handful of locations in 1987 to the largest video rental chain in the United States by 1994. He also opened and bought several car lots along the road. He started the car dealership giant and Fortune 500 firm AutoNation back in 1996.
As a businessman, Wayne Huizenga once owned the Miami Dolphins of the National Football League (NFL), the Florida Panthers of the National Hockey League (NHL), and the Miami Marlins of Major League Baseball (MLB). H On March 23, 2018, at the age of 80, Wayne Huizenga passed away.
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H. Wayne Huizenga Dies At Age 80
H. Wayne Huizenga, the billionaire creator of AutoNation, Waste Management, and Blockbuster, has passed away at the age of 80. The South Florida Sun Sentinel reports that Huizenga died around 10 p.m. on Thursday at his home in Fort Lauderdale, Florida, following “a decades-long struggle with cancer.” This was according to Bob Henninger, executive vice president of Huizenga Holdings.
AutoNation CEO Mike Jackson described his former employer, mentor, and closest friend as having “a brilliant mind” and “a fantastic sense of humour” on CNBC’s Power Lunch. All of us had to put in the same amount of effort as he did. Jackson said, “But it was so much fun that you forgot all about that.”
Huizenga Mansion Sold To Former Pet Supermarket Owner
The price was recorded as $14.3 million on the deed filed with the county. Located at 1575 Ponce De Leon Drive, the Huizenga estate came up for auction by Concierge Auctions. Billy Nash, of Keyes Co.’s Nash Luxury team, was the listing agent.
The bidder paid a fee to cover the costs of the auction, bringing the total price reported by Nash to $16.02 million. Back in February, the home was advertised for $27 million. In 2015, West sold the Pet Supermarket he founded in Sunrise to a private equity group. He already owns a property in Fort Lauderdale measuring 12,374 square feet at 80 Isla Bahia Drive. Several sources state that he is the proud owner of the megayacht Party Girl.
The 1.41-acre lot at the New River’s mouth was purchased by Huizenga in 2005 and features a huge pier that can accommodate Huizenga’s yacht. The mansion’s five buildings include a total of 10 bedrooms, a wood-burning pizza oven, an elevator, a gym, a theatre, a billiards room, and many safe rooms.
H. Wayne Huizenga Jr., Business Leader Of The Year In Palm Beach County
In 2004, Rybovich marina owner Jim Bronstien requested one more guarantee from H. Wayne Huizenga Jr. before he put pen to paper on the deal. Bronstien claimed that he was foregoing a substantial sum of money by not selling to a developer, but he ultimately decided to accept Huizenga’s offer in order to keep the marina and its employees in place.
‘Jim, I guarantee you that I’m going to do all I can to retain the facility and property as a marina and repair facility for as long as it makes sense,’ Huizenga said. And keeping that vow to him got me through those tough times.” After taking over the firm from his father, millionaire industrialist and former Miami Dolphins owner H.
Wayne Huizenga, Huizenga oversaw the development of the maritime company’s activities all the way through the Great Depression. He estimated that the completed development, which would have retail outlets, eateries, and apartments, will be valued around $150 million.
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