Age, Biography and Wiki
Who is it? | CEO, Pilot Flying J |
Birth Day | March 09, 1954 |
Birth Place | Knoxville, Tennessee, United States |
Age | 69 YEARS OLD |
Birth Sign | Aries |
Residence | Knoxville, Tennessee Bratenahl, Ohio |
Alma mater | University of Tennessee |
Occupation | Businessman, NFL team owner, philanthropist |
Years active | 1974–present |
Spouse(s) | Dee Bagwell (1976–present) |
Children | James, Whitney, and Cynthia |
Parent(s) | Jim Haslam Cynthia Haslam (deceased) |
Net worth: $4.8 Billion (2024)
Jimmy Haslam's impressive net worth is projected to reach a staggering $4.8 billion by the year 2024. Renowned as the CEO of Pilot Flying J, a prominent company in the United States, Haslam has solidified his position as one of the wealthiest individuals in the country. His leadership skills and business acumen have driven the success of the company, which specializes in truck stops and travel centers. With his immense wealth, Haslam has not only achieved personal prosperity but has also become a symbol of entrepreneurship and success in the corporate world.
Biography/Timeline
Haslam began his career at Pilot Corporation in 1976. In 1980, Haslam was named vice President of sales, development and operations. At that time, Pilot operated 100 convenience stores with annual fuel sales of about 125 million gallons. Pilot opened its first travel center in 1981, and by 1996 – the same year Haslam was named President and chief executive officer – the company operated 96 travel centers and 50 convenience stores and its total gallon sales had reached 1.2 billion. Pilot Corporation attained yet another milestone in 2001 when it joined with Marathon Ashland Petroleum LLC to form Pilot Travel Centers LLC.
In 2006, he served as Tennessee statewide campaign chair for the United States Senator Bob Corker and in 2012, he served as Statewide Finance Chairman for Tennessee Governor Bill Haslam, his brother.
Haslam was inducted into the Junior Achievement of East Tennessee Business Hall of Fame in 2007, and in 2010, he was named a recipient of the Ernst & Young Entrepreneur Of The Year award for the Southeast region. In 2013, the University of Tennessee recognized Haslam with the Distinguished Alumnus Award. He is the co-founder of the Haslam Scholars Program for premier honor students at the University of Tennessee.
Haslam bought a minority interest in the Pittsburgh Steelers in 2008. In 2012, he reached an agreement with Browns owner Randy Lerner to purchase the franchise for $1 billion. The Browns were valued at $977 million in 2011 by Forbes magazine, 20th in the NFL. NFL rules prohibit ownership in multiple teams and so Haslam sold his interest in the Steelers. The Haslams' purchase of the Browns was unanimously approved by the 32 teams in the NFL on October 12; the sale itself closed thirteen days later.
Since officially taking over the Browns seven games into the 2012 season, Haslam has a 20-76 record as team owner, including an 0-16 record in 2017.
In April 2013, the FBI executed a search warrant and affidavit detailing a five-year fraud scheme by the Pilot Flying J chain. The company paid restitution to customers and agreed to pay a $92 million penalty pursuant to a Criminal Enforcement Agreement.