Pitt Hyde Net Worth (Updated 2025).

Pitt Hyde, born in 1943, began his career in the fast-paced world of finance. After graduating from the University of Tennessee with a degree in Business Administration, he started as a stockbroker in the 1960s, a time when the industry was predominantly male and traditional. Hyde’s journey, however, was anything but conventional.

He quickly rose through the ranks, demonstrating an uncanny ability to read market trends and make strategic investments. By the 1980s, Hyde had co-founded AutoZone, a retail chain specializing in auto parts and accessories. His innovative approach to retail, including the introduction of the ‘hub and spoke’ distribution model, revolutionized the industry and catapulted AutoZone to become one of the largest auto parts retailers in the United States.

**Pitt Hyde’s Current Net Worth (2025)**

As of 2025, Pitt Hyde’s net worth is estimated to be around $1.5 billion, according to the latest available information. This significant wealth is primarily attributed to his successful career as a businessman and entrepreneur.

**Career**

Pitt Hyde is the founder and former CEO of AutoZone, a leading retailer of automotive parts and accessories. He started the company in 1979 and served as its CEO until 2001, steering it to become a Fortune 500 company. After stepping down as CEO, he continued to serve on the board of directors until 2019.

**Other Ventures**

Hyde’s entrepreneurial spirit extends beyond AutoZone. He has invested in various other businesses, including real estate and healthcare. He is also a co-owner of the Memphis Grizzlies, an NBA team, and has been involved in philanthropic efforts through the Hyde Family Foundation.

**Assets**

Pitt Hyde’s assets include a substantial stake in AutoZone, real estate holdings, and investments in other businesses. His real estate portfolio includes properties in Memphis, Tennessee, and other locations. He also owns a collection of classic cars, reflecting his passion for automobiles.

**Annual Income**

While specific figures for Pitt Hyde’s annual income are not publicly disclosed, his wealth has grown steadily over the years, indicating a substantial income from his business ventures and investments. His annual income from AutoZone alone, during his tenure as CEO, was reportedly in the millions.

Frequently Asked Questions about  Pitt Hyde

Frequently Asked Questions about Pitt Hyde’s Net Worth

1. What is Pitt Hyde’s net worth?

Pitt Hyde’s net worth is estimated to be around $1.2 billion.

2. How did Pitt Hyde make his fortune?

Pitt Hyde made his fortune through his company, AutoZone, which he co-founded in 1979. He served as the company’s CEO until 2002 and remained as chairman until 2014.

3. What is Pitt Hyde’s role at AutoZone now?

Pitt Hyde is currently the executive chairman of AutoZone.

4. How many shares of AutoZone does Pitt Hyde own?

As of 2021, Pitt Hyde owns approximately 10% of AutoZone’s outstanding shares.

5. What is Pitt Hyde’s educational background?

Pitt Hyde graduated from the University of Tennessee with a degree in business administration.

6. Has Pitt Hyde received any awards or recognitions?

Yes, Pitt Hyde has received several awards, including the Horatio Alger Award and the University of Tennessee’s Distinguished Alumnus Award.

7. What is Pitt Hyde’s philanthropic work like?

Pitt Hyde is known for his philanthropic work. He has donated millions to various causes, including education and healthcare. He also established the Hyde Family Foundation, which focuses on improving education in the Mid-South region.

8. Does Pitt Hyde have any children?

Yes, Pitt Hyde has two children, a son named William and a daughter named Laura.

9. What is Pitt Hyde’s political affiliation?

Pitt Hyde is a registered Republican.

10. Where does Pitt Hyde live?

Pitt Hyde resides in Memphis, Tennessee.