Joe Agresti

Net Worth

$1.096B

0% (24h)

Joe Agresti, a prominent US citizen with an estimated net worth of $1.1 billion, is a self-made billionaire known for his success in the auto dealership and investment industries. At 53 years old, Agresti's career began in the automotive sector after studying accounting at Rutgers University. He built his wealth through his leadership of Dream Motor Group, a dealership chain co-owned with Nick Saban, selling approximately 20,000 Mercedes-Benzes annually, along with Infiniti and Ferrari vehicles across several locations in the Southeastern United States. Agresti's key achievements include growing Dream Motor Group into a major player in the luxury car market, generating nearly $2 billion in annual revenue. He is also involved in other ventures, including a distillery and a medical supplies business.

The Full Dossier

Early Life

Joe Agresti was raised in a working-class family in New Jersey. He pursued accounting at Rutgers University on a partial wrestling scholarship.

Rise to Success

At 31, Agresti invested his $200,000 life savings, a mortgage on his parents' house, and a $500,000 loan into his first car dealership, Mercedes-Benz of Baton Rouge. His business acumen led to impressive sales, prompting Mercedes-Benz to allow him to open a Houston store. He met Nick Saban through Mercedes in 2013. Together, they formed Dream Motor Group, which expanded to 10 dealerships across multiple states.

Key Business Strategies

Agresti focuses on operational excellence and company culture, personally interviewing potential new hires and emphasizing financial details, compiling monthly statements for each store. He is known for leveraging connections to facilitate deals and build his empire. Dream Motor Group's annual revenue is nearing $2 billion.

Philanthropy

Information on Agresti's specific philanthropic initiatives is not available in the search results. However, his company has been noted to donate masks to local firefighters and police officers.

Career Timeline

2025

Minority stake in Nashville Predators

Along with Nick Saban, acquired a minority stake in the NHL team.

2023

Expansion into Florida

Dream Motor Group acquired two Mercedes-Benz dealerships in Miami-Dade County.

2013

Partnered with Nick Saban

Began a business partnership with Nick Saban, expanding the auto dealership business.

2004

Opened Mercedes-Benz of Baton Rouge

Agresti invested in his first dealership, which became a success.

Philanthropic Impact

Community SupportUndisclosed

Mask Donations

Donated 200,000 masks to local firefighters and police officers.