Eugene Stoner Net Worth (Updated 2025).

Eugene Stoner, born in 1922, began his career in the firearms industry at a young age. Raised in a family of gunsmiths, he learned the craft from his father and grandfather, developing a deep understanding of firearms mechanics and design.

In 1954, Stoner’s career took a significant turn when he was hired by ArmaLite, a small California-based company. Here, he was given the opportunity to design firearms, leading to the creation of the iconic AR-10 and later, the AR-15, which would eventually become the standard issue rifle for the U.S. military.

Eugene Stoner’s Current Net Worth (2025)

As of 2025, Eugene Stoner’s net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account his career in firearms design and his other ventures.

Career

Eugene Stoner is renowned for his significant contributions to the firearms industry. He began his career in the 1950s, working for various companies like ArmaLite and Colt’s Manufacturing Company. His most notable creation is the AR-15 rifle, which he designed while working at ArmaLite. This rifle, and its variants, have become iconic in the industry and are widely used by military and law enforcement worldwide.

Other Ventures

In addition to his work in firearms design, Stoner has also been involved in other ventures. He has held patents for various inventions, including a vehicle suspension system and a gas-powered lawnmower. He has also been a consultant for several companies in the defense industry.

Assets

Stoner’s assets primarily consist of his intellectual property, including patents and trademarks related to his firearms designs. He also owns property in various locations, including his residence in Arizona. He has investments in stocks and bonds, and he has a significant collection of firearms, many of which are prototypes or rare models.

Annual Income

Stoner’s annual income is primarily derived from royalties from his firearms designs and from his consulting work. The exact figure is not public, but it is estimated to be in the millions of dollars. He also receives income from his investments and from the sale of his property.

Frequently Asked Questions about  Eugene Stoner

Frequently Asked Questions: Eugene Stoner Net Worth

1. Who was Eugene Stoner?

Eugene Stoner was an American firearms designer and engineer, best known for his work on the AR-15 rifle, which later evolved into the M16 rifle used by the U.S. military.

2. When was Eugene Stoner born?

Eugene Stoner was born on December 22, 1922.

3. When did Eugene Stoner die?

Eugene Stoner died on April 24, 1997.

4. What is Eugene Stoner’s net worth?

Eugene Stoner’s net worth is estimated to be around $10 million at the time of his death.

5. How did Eugene Stoner make his money?

Eugene Stoner made his money through his work as a firearms designer and engineer. He designed several iconic firearms, including the AR-15 and M16 rifles, which have been widely used and have generated significant revenue for the companies that manufacture them.

6. Which company did Eugene Stoner work for?

Eugene Stoner worked for several companies throughout his career, including ArmaLite, Colt’s Manufacturing Company, and Springfield Armory.

7. What other firearms did Eugene Stoner design?

In addition to the AR-15 and M16 rifles, Eugene Stoner designed several other firearms, including the AR-10 rifle, the Stoner 63 assault rifle, and the Stoner SR-25 sniper rifle.

8. Did Eugene Stoner serve in the military?

Yes, Eugene Stoner served in the U.S. Army during World War II. He was a technical sergeant in the Army Air Forces.

9. What awards did Eugene Stoner receive?

Eugene Stoner received several awards and honors throughout his career, including the Golden Eagle Award from the National Rifle Association and the Lifetime Achievement Award from the National Shooting Sports Foundation.

10. What is the legacy of Eugene Stoner?

The legacy of Eugene Stoner is his significant contributions to the field of firearms design. His designs, particularly the AR-15 and M16 rifles, have had a profound impact on the military and civilian firearms world, and his influence can still be seen in modern firearms design today.