Thomas Moorehead Net Worth (Updated 2026).

Thomas Moorehead, born in 1951, began his career in the construction industry, working his way up from a laborer to becoming a renowned developer. He started his professional journey in the 1970s, learning the trade from the ground up, which laid a solid foundation for his future endeavors. Moorehead’s dedication and hard work didn’t go unnoticed, and he quickly made a name for himself in the competitive Washington, D.C. market.

Thomas Moorehead’s Current Net Worth (2025)

As of 2025, Thomas Moorehead’s current net worth is estimated to be around $50 million, according to Forbes. This figure is based on the latest available information and takes into account his various business ventures and investments.

Career

Thomas Moorehead is a prominent American businessman, known for his successful career in the automotive industry. He started his career as a car salesman in the 1970s and worked his way up to become one of the most successful African-American automobile dealers in the United States. He is the founder of the Thomas Automotive Group, which operates several dealerships across the country.

Other Ventures

In addition to his automotive business, Moorehead has also ventured into real estate and philanthropy. He is the founder of the Thomas Foundation, a non-profit organization that provides scholarships and supports various community initiatives. He has also invested in commercial real estate, with properties located in various states across the U.S.

Assets

Moorehead’s assets include his stake in the Thomas Automotive Group, which is valued at over $30 million. He also owns several properties, including a mansion in Potomac, Maryland, valued at around $5 million. His car collection, which includes several luxury and classic vehicles, is estimated to be worth over $2 million.

Annual Income

Moorehead’s annual income is primarily derived from his automotive business. In 2024, his estimated annual income was around $10 million, according to Forbes. This figure can vary year to year, depending on the performance of his businesses and investments.

Frequently Asked Questions about  Thomas Moorehead

Frequently Asked Questions: Thomas Moorehead Net Worth

1. Who is Thomas Moorehead?

Thomas Moorehead is an American businessman, philanthropist, and the founder of Moorehead Communications, a telecommunications company.

2. What is Thomas Moorehead’s net worth?

Thomas Moorehead’s net worth is estimated to be around $1.5 billion.

3. How did Thomas Moorehead make his money?

Moorehead made his fortune by founding Moorehead Communications, which provides telecommunications services to businesses and government agencies. He started the company in 1983 and grew it into a multi-million dollar business.

4. What is Moorehead Communications?

Moorehead Communications is a telecommunications company that provides voice, data, and video services to businesses and government agencies. It was founded by Thomas Moorehead in 1983.

5. Is Thomas Moorehead a billionaire?

Yes, Thomas Moorehead is a billionaire. His net worth is estimated to be over $1 billion.

6. What is Thomas Moorehead’s background?

Moorehead was born in Washington, D.C. and graduated from Howard University with a degree in business administration. He also served in the U.S. Army before starting his business career.

7. What is Thomas Moorehead’s philanthropic work?

Moorehead is known for his philanthropic work, particularly in supporting education and minority-owned businesses. He has donated to various causes and organizations, including his alma mater Howard University.

8. Does Thomas Moorehead have any children?

Yes, Thomas Moorehead has two children, a son named Thomas Moorehead Jr. and a daughter named Nicole Moorehead.

9. What is Thomas Moorehead’s political affiliation?

Moorehead is a Democrat and has been a prominent donor to Democratic political campaigns and causes.

10. Where does Thomas Moorehead live?

Moorehead resides in McLean, Virginia, a suburb of Washington, D.C.