Is Herb Chambers a billionaire?

Chambers (born November 24, 1941) is an American billionaire businessman, owner and president of The Herb Chambers Companies, a group of 60 car dealerships in the greater Boston, Massachusetts area.

How much is Herb Chambers worth?

2.2 billion USD (2021)
Herb Chambers/Net worth

How much does Herb Chambers make a year?

The average estimated annual salary, including base and bonus, at Herb Chambers is $98,608, or $47 per hour, while the estimated median salary is $102,001, or $49 per hour.

Did Herb Chambers sell his dealerships?

In 1983, after founding the largest office copier dealer in the world, A-Copy America, Herb Chambers sold the business to Ikon Office Solutions for $80 million.

Does Herb Chambers negotiate price?

You get fully transparent prices, and no negotiations! Our Smart Priced used vehicles also come with a 5 Day Money-Back Guarantee and a 30 Day/1,500 Mile Exchange Guarantee. So if you decide you don’t like the pre-owned vehicle you’ve purchased, for any reason, you can return it or exchange it for something else.

Who will be the first trillionaire?

Social Capital’s founder says the world’s first trillionaire will be either Musk or ‘someone like him. ‘ Tesla’s share price rose to more than $880 in January, making Elon Musk the world’s richest person. With a net worth of $195 billion, he now beats out Jeff Bezos by about $10 billion.

Do Mercedes dealers negotiate?

Knowing the dealer cost of a new Mercedes-benz gives you needed leverage when it comes time to negotiate a great price. Negotiating from the cost up and not the MSRP down can save you thousands on your next purchase.

How many dealerships does Herb Chambers own?

60 dealerships
An impressive 60 dealerships and 3 collision centers make up The Herb Chambers Companies, which is ranked 20 out of the 17,000 remaining automobile dealership groups.