Terrible Herbst Net Worth (Updated 2026).

Terrible Herbst, born Herb McDonald, began his career in the 1960s as a humble gas station attendant in Las Vegas, Nevada. He was known for his charismatic personality and exceptional customer service, which quickly earned him a loyal following among locals and tourists alike.

In 1968, Herbst saw an opportunity to expand his reach and opened his first convenience store, which he named “Terrible Herbst” as a nod to his self-proclaimed “terrible” sense of humor and his desire to create a unique and memorable brand. This store became the cornerstone of what would eventually grow into a vast network of convenience stores and gas stations across the Southwest.

Terrible Herbst’s Current Net Worth (2025)

As of 2025, Terrible Herbst’s current net worth is estimated to be around $500 million. This figure reflects his extensive business ventures and investments over the years.

Career

Terrible Herbst is a prominent businessman and the CEO of the Herbst family’s extensive business empire, which includes the Herbst Gaming and Herbst Gaming Corporation. He has been instrumental in growing the family’s gaming and hospitality businesses, expanding them across several states.

Other Ventures

Beyond his primary businesses, Herbst is also involved in various other ventures. He is a partner in the Las Vegas-based sportsbook, Circa Sports, and has investments in real estate and technology startups. Additionally, he serves on the board of several charitable organizations.

Assets

Herbst’s assets include a significant stake in the Herbst Gaming Corporation, numerous casino properties, and extensive real estate holdings. He also owns a substantial collection of classic cars and art. His primary residence is a lavish estate in Las Vegas, Nevada.

Annual Income

Herbst’s annual income is primarily derived from his businesses. In 2024, it was estimated to be around $30 million, reflecting the success and growth of his ventures. This figure can fluctuate from year to year based on the performance of his businesses and investments.

Frequently Asked Questions about  Terrible Herbst

Frequently Asked Questions: Terrible Herbst Net Worth

1. What is Terrible Herbst’s net worth?

Terrible Herbst’s net worth is estimated to be around $500 million.

2. How did Terrible Herbst make his fortune?

Terrible Herbst made his fortune through his family’s business, the Herbst Companies, which includes the Terrible Herbst convenience store chain, as well as other investments in real estate and oil.

3. Is Terrible Herbst the founder of the Herbst Companies?

No, Terrible Herbst is the son of the founder, Ed Herbst. He took over the company after his father’s death in 1996.

4. How many convenience stores does the Herbst Companies operate?

The Herbst Companies operate over 600 convenience stores under the Terrible Herbst and ARCO brands in Nevada, Arizona, and Utah.

5. What is Terrible Herbst’s role in the Herbst Companies?

Terrible Herbst serves as the Chairman and CEO of the Herbst Companies.

6. Is Terrible Herbst involved in any other businesses besides the Herbst Companies?

Yes, Terrible Herbst has investments in various other businesses, including real estate and oil. He also serves on the board of several companies.

7. What is Terrible Herbst’s educational background?

Terrible Herbst graduated from the University of Southern California with a Bachelor of Science degree in Business Administration.

8. Does Terrible Herbst have any family members involved in the Herbst Companies?

Yes, Terrible Herbst’s brother, Greg Herbst, serves as the President and COO of the Herbst Companies.

9. What is Terrible Herbst’s philanthropic work like?

Terrible Herbst is known for his philanthropic work, particularly in the areas of education and healthcare. He has made significant donations to various causes and organizations in Nevada and other states.

10. How can I contact Terrible Herbst or the Herbst Companies?

You can find contact information for the Herbst Companies on their official website. However, it’s important to note that Terrible Herbst may not be directly contactable due to his busy schedule and privacy concerns.