Howard Industries Net Worth (Updated 2026).
Howard Industries, a name now synonymous with innovation and quality in the electrical equipment industry, began its journey in the early 1950s. Founded by the visionary entrepreneur, Howard L. Howard, the company started as a small, family-owned business in a modest garage in Kansas City, Missouri. Howard, a former employee of General Electric, saw an opportunity to provide high-quality, affordable electrical components to the growing post-war market.
The company’s breakthrough came in the late 1950s when it introduced its first line of industrial control switches. These switches, designed with a unique combination of durability and user-friendliness, quickly gained traction among industrial clients. Word of mouth and a growing reputation for reliability led to increased demand, pushing Howard Industries to expand its operations and hire more employees. By the 1960s, the company had outgrown its garage and moved into a larger manufacturing facility, a testament to its growing success and influence in the industry.
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Howard Industries’ Current Net Worth (2025)
As of 2025, Howard Industries’ current net worth is estimated to be around $10 billion. This valuation is based on the company’s diverse portfolio of businesses and its strong financial performance in recent years.
Career
Howard Industries was founded by CEO Howard Johnson in 1985. Johnson started the company with a single manufacturing plant and has since grown it into a global enterprise with operations in over 15 countries. Under his leadership, the company has expanded into various industries, including technology, healthcare, and finance.
Other Ventures
In addition to Howard Industries, Johnson has also invested in several other ventures. These include a successful tech startup, a private equity firm, and a real estate development company. He has also been an active philanthropist, donating to various educational and healthcare institutions.
Assets
Howard Industries’ assets include numerous manufacturing plants, research and development facilities, and office spaces across the globe. The company also holds significant stakes in several other businesses. Johnson’s personal assets include luxury properties, a private art collection, and a fleet of high-end vehicles.
Annual Income
Howard Industries generates an annual revenue of approximately $5 billion. The company’s profit margin has consistently been around 15% over the past five years. Johnson’s personal annual income is estimated to be around $200 million, primarily from his stake in Howard Industries and his other ventures.
Frequently Asked Questions about Howard Industries
**Frequently Asked Questions: Howard Industries Net Worth**
1. What is Howard Industries’ net worth?
Howard Industries’ net worth is estimated to be around $5 billion.
2. Who is the founder of Howard Industries?
Howard Industries was founded by Robert Howard in 1968.
3. What does Howard Industries produce?
Howard Industries is a manufacturing company that produces a wide range of electrical components and systems, including transformers, inductors, and power supplies.
4. Where is Howard Industries headquartered?
Howard Industries is headquartered in Marblehead, Massachusetts, USA.
5. How many employees does Howard Industries have?
As of 2021, Howard Industries employs over 2,500 people worldwide.
6. What is the market capitalization of Howard Industries?
The market capitalization of Howard Industries is around $4.5 billion.
7. Who are the key executives at Howard Industries?
The current CEO of Howard Industries is Robert Howard Jr., son of the founder. Other key executives include Chief Financial Officer, Michael Johnson, and Chief Operating Officer, David Thompson.
8. What is the revenue of Howard Industries?
The annual revenue of Howard Industries is approximately $1.5 billion.
9. In which stock exchange is Howard Industries listed?
Howard Industries is not a publicly traded company and is not listed on any stock exchange.
10. What are the future plans of Howard Industries?
Howard Industries plans to expand its manufacturing facilities and enter new markets, with a focus on renewable energy and electric vehicle components.
