LeaderPortfolio
family
G
Rank #891
UNITED STATESAutomotiveCar dealerships

Gail Miller & family

Net Worth
$4.797B
0% (24h)
Gail Miller is an American businesswoman and philanthropist, renowned for her significant contributions to the automotive industry and her commitment to community development. As the owner of the Larry H. Miller Company, she has built a diverse portfolio of businesses, including car dealerships, sports franchises, and real estate ventures. Her career spans decades, beginning with a single Toyota dealership co-founded with her late husband, Larry H. Miller, and evolving into one of the largest privately-owned automotive groups in the United States. Beyond business, Miller is celebrated for her philanthropic efforts, channeling substantial resources through the Larry H. & Gail Miller Family Foundation to support education, healthcare, and community initiatives. With a net worth of $4.8 billion, Miller continues to be a prominent figure in Utah's business and philanthropic landscape, demonstrating resilience and visionary leadership.

The Full Dossier

Early Life

Gail Miller was born Karen Gail Saxton on October 14, 1943, in Salt Lake City, Utah. She grew up in a modest household as one of nine children during the Great Depression. Her father worked as a shoemaker, and her mother managed the household. Despite financial hardships, she developed a strong work ethic and a deep sense of community responsibility.

Rise to Success

In 1979, Gail and her husband, Larry H. Miller, purchased their first Toyota dealership in Murray, Utah. Through astute business practices, they expanded their enterprise into a large automotive group. They acquired the Utah Jazz NBA team in 1986, further solidifying their impact on Utah's cultural and economic landscape. After Larry's passing in 2009, Gail took the helm of the Larry H. Miller Company.

Key Business Strategies

Gail Miller directed the company's growth and diversified its operations. This included the sale of the automotive dealerships to Asbury Automotive in 2021 for $3.2 billion. Additionally, she oversaw the sale of a majority stake in the Utah Jazz in 2020 for $1.66 billion, retaining a minority stake. Under her leadership, the company expanded into real estate and healthcare.

Philanthropy

Gail Miller's leadership extended beyond business; she became a prominent philanthropist, focusing on education, healthcare, and homelessness. She presides over the Larry H. & Gail Miller Family Foundation, supporting a wide range of charitable, educational, and humanitarian causes. Her philanthropic efforts include major donations to educational institutions, community programs, and the Gail Miller Resource Center.

Career Timeline

2021

Sold auto dealership group

Sold the auto dealership group to Asbury Automotive for $3.2 billion.

2020

Sold majority stake in Utah Jazz

Sold a majority stake in the Utah Jazz for $1.66 billion, while retaining a minority interest.

2009

Assumed leadership of Larry H. Miller Company

Took over the leadership of the Larry H. Miller Company after the death of her husband, Larry H. Miller.

1986

Acquired the Utah Jazz

Acquired the Utah Jazz NBA team, significantly impacting Utah's cultural and economic landscape.

1979

Purchased first Toyota dealership

Acquired the first Toyota dealership in Murray, Utah, marking the beginning of the Larry H. Miller Company.

Philanthropic Impact

Health and Well-being$XB

Utah Impact Fund

A statewide initiative to improve the well-being of Utahns by addressing the social determinants of health.

HomelessnessUndisclosed

Gail Miller Resource Center

A 200-bed homeless shelter in Salt Lake City.

EducationUndisclosed

Education Initiatives

Supports various educational programs through the Larry H. & Gail Miller Family Foundation.

Healthcare$3.5B

Huntsman Mental Health Foundation

Donated to the Huntsman Mental Health Foundation.

Homelessness$10M

Shelter the Homeless

Donation through her foundation.

Food SecurityUndisclosed

Utah Food Bank

Partial funding to open a new distribution center in Springville.

Wealth Trajectory