Chambers built his firm, A-Copy America, into the largest copier dealer around. He sold it for about $80 million in 1983 and it’s now the Ikon division of Ricoh Co.

Did Herb Chambers sell his dealerships?

Chambers built his firm, A-Copy America, into the largest copier dealer around. He sold it for about $80 million in 1983 and it’s now the Ikon division of Ricoh Co.

What car does Herb Chambers Drive?

In August 2017, Chambers sold his 1995 McLaren F1 for a record $15.62 million at a Bonhams car auction held in Carmel, California.

How many cars does Herb Chambers sell in a year?

Herb Chambers Companies Selling more tha n 55,000 cars per year including used cars. The group sells the most known car brands. Including Cadillac, Lexus, BMW, Porsche, Mercedes, Rolls Royce, Maserati, and Bentley. The group has more than 2,400 employees.

How much is Herb Chambers worth?

2.1 billion USD (2022)Herb Chambers / Net worth

Who owns the most car dealerships in Massachusetts?

The Herb Chambers Companies, usually shortened to Herb Chambers, is one of the largest automotive dealership in New England and is the North America’s 17th largest dealer group. Herb Chambers is headquartered in Somerville, Massachusetts and operates 60 retail car dealership locations, representing 35 different brands.

How much does Herb Chambers make a year?

How much do people at Herb Chambers get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Herb Chambers is $98,608, or $47 per hour, while the estimated median salary is $102,001, or $49 per hour.

What is Ernie Boch Jr net worth?

$1.1 billion
Auto CEO Ernie Boch Jr. at No. 30, with a net worth of $1.1 billion.

How many dealerships does Herb Chambers have?

60 dealerships
An impressive 60 dealerships and 3 collision centers make up The Herb Chambers Companies, which is ranked 20 out of the 17,000 remaining automobile dealership groups. A commitment to exceptional customer service is what continues to drive The Herb Chambers Companies.

Who is the richest person in Massachusetts?

#1: Abigail Johnson The richest person in Massachusetts is 59-year-old Abigail Johnson with a net worth of $25.2 billion ranking #27 according to Forbes.

Who is the richest car dealership owner?

1. Bill Gates. Company: AutoNation Inc. Gates may not be the first person you would expect to see on a list of automotive wealth, but his share of car dealer AutoNation contributes to his overall fortune, most of which comes from Microsoft Corp.

Who owns the Prime Auto Group?

GPB Capital Holdings
Massachusetts-based Prime Automotive Group, owned by GPB Capital Holdings, reached a $30 million settlement with David Rosenberg, the company’s one-time CEO. Rosenberg lives in Marblehead but oversaw dealerships throughout New England, including two on Cape Cod.

Who is buying Prime Automotive Group?

Group 1 Automotive Inc.
Prime is based in Westwood, Mass., in the Boston suburbs. Group 1 Automotive Inc. has completed the purchase of 27 dealerships from Prime Automotive Group — about a week ahead of its planned date to close on the mega transaction it announced in September that was expected to cost $880 million.