LeaderPortfolio
Hunt
J
Rank #690
UNITED STATESLogisticsTrucking

Johnelle Hunt

Net Worth
$5.98B
-0.85% (24h)
Johnelle Hunt is an American businesswoman, philanthropist, and co-founder of J.B. Hunt Transport Services. Born in Heber Springs, Arkansas, in 1932, she met her husband, Johnnie Bryan Hunt, in high school, and together they built J.B. Hunt Transport Services into a major player in the trucking and logistics industry. With an estimated net worth of $5.7 billion, she is recognized as one of the wealthiest self-made women in America. Johnelle has also been involved in various philanthropic endeavors, contributing to the community through her support of the arts, education, and healthcare initiatives.

The Full Dossier

Early Life

Johnelle Terria DeBusk was born in Heber Springs, Arkansas, on January 4, 1932. Her father was a poultry farmer. She attended the University of Central Arkansas with plans to become a teacher but did not complete her degree.

Rise to Success

In 1952, she married Johnnie Bryan Hunt. In 1961, the Hunts co-founded the J.B. Hunt Company in Stuttgart, Arkansas, initially focusing on rice hull packaging. In 1969, they expanded into trucking, establishing J.B. Hunt Transport Services with five trucks and seven trailers. Johnelle Hunt was instrumental in the growth and success of their businesses. She held positions such as credit manager and corporate secretary.

Key Business Strategies

Johnelle and J.B. Hunt focused on innovation and taking calculated risks. They were pioneers in intermodal freight services. In 2008, Johnelle stepped down from her position as corporate secretary, but she has remained the firm's largest individual shareholder, holding a 19% stake.

Philanthropy

Johnelle Hunt has been involved in various philanthropic activities. She contributed $5 million towards the J.B. and Johnelle Hunt Family Ozark Highlands Nature Center. She has also served on boards such as the Harvey and Bernice Jones Eye Institute Advisory Board and the Ozark Affiliate of the Susan G. Komen Breast Cancer Foundation.

Career Timeline

2008

Retired from Board of Directors of J.B. Hunt Transport Services

Stepped down as Corporate Secretary.

1969

Co-founded J.B. Hunt Transport Services

Expanded into trucking with her husband, establishing what would become J.B. Hunt Transport Services.

1961

Co-founded J.B. Hunt Company

Co-founded a rice hull packaging company with her husband, Johnnie Bryan Hunt, in Stuttgart, Arkansas.

Philanthropic Impact

Environment$5M

J.B. and Johnelle Hunt Family Ozark Highlands Nature Center

Donation towards the establishment of the nature center in Springdale, Arkansas

Wealth Trajectory