Larry H Miller Net Worth (Updated 2026).
Larry H. Miller, born in Salt Lake City, Utah, in 1944, began his career in the most humble of ways, working as a car salesman in his early twenties. His charisma and natural talent for sales quickly set him apart, earning him the title of “Salesman of the Month” at his dealership.
Miller’s big break came in 1979 when he opened his first car dealership, Larry H. Miller Toyota, in Murray, Utah. His innovative approach to customer service, including offering free car washes and detailing with every service, quickly gained him a loyal customer base. This success led to the expansion of his dealerships, eventually becoming one of the largest privately-owned automobile dealership groups in the United States.
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Larry H. Miller’s Current Net Worth
As of 2025, Larry H. Miller’s net worth is estimated to be around $2.5 billion, according to the latest available information.
Career
Larry H. Miller began his professional journey as a car salesman. He later founded the Larry H. Miller Dealerships, which has grown to become one of the largest privately-owned dealership groups in the U.S., with over 60 locations. Additionally, he was the former owner of the NBA’s Utah Jazz, from 1986 until his passing in 2009.
Other Ventures
Miller’s business portfolio extends beyond automotive and sports. He was also the founder of the Larry H. Miller Group of Companies, which includes operations in real estate, finance, sports, and entertainment. Notably, he established the Megaplex Theatres chain and the Larry H. Miller Tour of Utah cycling race.
Assets
Miller’s assets include a diverse portfolio of real estate, numerous car dealerships, sports teams, and entertainment businesses. His most notable assets are the Utah Jazz, the Larry H. Miller Megaplex Theatres, and the Larry H. Miller Dealerships. Additionally, he owned several properties across the U.S., including the Zions Bank Tower in Salt Lake City.
Annual Income
Miller’s annual income varied significantly due to the diverse nature of his business interests. However, at the height of his career, his annual income was estimated to be in the hundreds of millions of dollars. For instance, in 2008, his estimated annual income was around $500 million, according to Forbes.
Frequently Asked Questions about Larry H Miller
**Frequently Asked Questions: Larry H. Miller Net Worth**
1. What was Larry H. Miller’s net worth?
Larry H. Miller’s net worth was estimated to be around $1.5 billion.
2. How did Larry H. Miller make his fortune?
Larry H. Miller made his fortune through his automotive dealerships, car rental services, and sports teams. He was the owner of the Utah Jazz NBA team and several car dealerships across the United States.
3. What was Larry H. Miller’s primary source of income?
Larry H. Miller’s primary source of income was his automotive dealerships. He owned and operated several dealerships for brands like Toyota, Honda, and Ford.
4. Did Larry H. Miller have any other business ventures besides automotive dealerships?
Yes, Larry H. Miller also owned a car rental service called Larry H. Miller Car Rental and was the owner of the Utah Jazz NBA team.
5. How many car dealerships did Larry H. Miller own?
At the time of his death, Larry H. Miller owned and operated over 60 car dealerships across the United States.
6. What was Larry H. Miller’s involvement with the Utah Jazz?
Larry H. Miller was the majority owner of the Utah Jazz NBA team from 1986 until his death in 2009. He was also the chairman of the Larry H. Miller Group of Companies, which included the Jazz.
7. How did Larry H. Miller get involved in the automotive industry?
Larry H. Miller started his automotive career as a car salesman in the 1970s and eventually opened his first dealership in 1979.
8. What was Larry H. Miller’s philanthropic work like?
Larry H. Miller was known for his philanthropic work, particularly in the areas of education, health, and community development. He established the Larry H. Miller Charities to support various causes.
9. How many employees did Larry H. Miller’s businesses have?
At the time of his death, Larry H. Miller’s businesses employed over 10,000 people across the United States.
10. What happened to Larry H. Miller’s businesses after his death?
After Larry H. Miller’s death, his wife, Gail Miller, took over as the majority owner of the Utah Jazz and the Larry H. Miller Group of Companies. The businesses continue to operate under her leadership.
