john delorean net worth

We have estimated . [46] DeLorean adopted a son whom he named Zachary Tavio, 14 months old at the time of his marriage to model Cristina Ferrare, who co-adopted Zachary. However, the idea of him assuming that position was almost intolerable to GM executives, and on April 2, 1973, he announced that he was leaving the company, telling the press, "I want to do things in the social area. In 2023, John DeLorean's net worth was estimated to be $50 Million. She took work wherever she could to supplement the family's income. Biography in: "The Scribner Encyclopedia of American Lives". He could have remained at the company and likely would have achieved the presidency, but he found the company stifling. Source: Vimbuzz.com. 26 Feb Feb DMC was insolvent at the time and $17 million in debt. Her call log proved that Hoffman made the initial call. John Zachary DeLorean has a net worth of $5.00 million (Estimated) which he earned from his occupation as engineer and executive in the U.S. automobile industry. Carmaker John Z DeLorean dies at age 80; photo (M) His flair extended to business. DeLorean appeared in a magazine advertisement for Cutty Sark whisky the year before his arrest and the collapse of his company. His former estate in New Jersey had been purchased by Donald Trump in 2002, and later converted into a golf course in 2004. By 1971, Chevrolet was experiencing record sales in excess of 3 million vehicles, and his division alone was nearly matching that of the entire Ford Motor Company. This marked the beginning of Pontiac's renaissance as GM's performance division instead of its previous position with no clear brand identity. [36], On October 19, 1982, DeLorean was charged by the US government with trafficking cocaine following a videotaped sting operation in which he was recorded by undercover federal agents agreeing to bankroll a cocaine smuggling operation. . Ultimately, he was acquitted of all charges. John Zachary DeLorean Auto engineer and executive Net worth: $500,000 John DeLorean is best known for producing the DeLorean DMC-12 sports car that was used in the "Back to the. [38], Taken together, these two elements allowed DeLorean to successfully defend himself at trial with the procedural defense of police entrapment. Even as General Motors experienced revenue declines, Pontiac remained highly profitable under DeLorean, and despite his growing reputation as a corporate maverick, on February 15, 1969, he was again promoted. [15] His academic record and musical talents earned him a scholarship at Lawrence Institute of Technology in the Detroit suburb of Highland Park (today Lawrence Technological University in Southfield). Several of Pontiac's advertising campaign themes met with internal resistance, such as the "Tiger" campaign used to promote the GTO and other Pontiac models in 1965 and 1966. [4] His ashes are interred at the White Chapel Cemetery, in Troy, Michigan. DeLorean's time at Chrysler lasted less than a year, ending in 1953 when he was offered a salary of US$14,000 (equivalent to US$133,784 in 2019) at Packard Motor Company under the supervision of the engineer Forest McFarland. She had been a 23-year-old model when she fell in love with the rogue car magnate, who was . Made famous after DMC's demise in 1982, the DMC-12 was featured in the 1985 film Back To The Future as a time machine. John DeLorean (John Zachary DeLorean) was born on 6 January, 1925 in Detroit, Michigan, USA, is a Writer. That was the last straw for the entrepreneur. At the time of his passing in 2005, DeLorean was worth a mere $500,000, which is equivalent to more than $700,000 today. Han utvecklade bland andra Pontiac GTO, Pontiac Firebird samt DeLorean DMC-12 . DeLorean designed a number of vehicles throughout his career, including the Pontiac GTO muscle car, the Pontiac Firebird, Pontiac Grand Prix, Chevrolet Vega, and the DeLorean . J ohn Zachary DeLorean was . [4] His father, a mill worker, was Romanian, born Zaharia Delorean[5] (Romanian pronunciation:[delorean]) in Sugg village, Als-Fehr County, Austria-Hungary (currently ugag, Alba County, Romania) and emigrated to the United States when he was 20. John DeLoreans income source is mostly from being a successful Writer. He is from USA. Redesigns for the Corvette and Nova were also delayed, and unit sales had still not recovered from the past four years of turmoil, much of that because of the bad publicity surrounding the Corvair and well-publicized quality-control issues affecting other Chevy models, including defective motor mounts that led to an unprecedented recall of 6.7 million Chevrolets built between 1965 and 1969. John DeLorean Net Worth $50 million John attended Cass Technical High School, and would pursue an electrical curriculum there. Due to Zachary's frequent violent episodes, Kathryn took the children to live with her sister in Los Angeles, where they stayed intermittently over the years. He was acquitted of the charges, but continuing legal entanglements kept him on the sidelines of the automotive world, and he declared bankruptcy in 1999. Later attempts to resurrect his car-making business were all failures. Young John won a scholarship to Lawrence Institute of Technology, which had produced many automobile designers for the auto industry. He was also known for his arrest for cocaine trafficking. [27] He invited Ford president Lee Iacocca to serve as best man at his second wedding. The title of "Framing John DeLorean" has two different meanings in this hybrid, mosaic-style story of the man who is now best remembered for the namesake car featured in " Back to the Future .". [24] He was forced to sell his 434-acre (176ha) estate in Bedminster in 2000. [citation needed] Another factor was DeLorean's lack of criminal history, whereas Hoffman was a career criminal who stood to directly benefit if he was able to convince DeLorean to incriminate himself on tape. ", "1984: DeLorean cleared of drugs charges", "1984 Year in Review: John DeLorean Trial", "DeLorean Cleared by Jury in Fraud, Racketeering Case", "The Phoenix of Bel-Air: Since Her Divorce From a DeLorean, Cristina Has Become One Red-Hot Ferrare", "John DeLorean: Sharp but flawed car industry tycoon", "At the 'Summer White House,' You Are Never Far From a Trump Photo", "John DeLorean: The man who fooled the world", "Grave Marker John DeLorean His ashes are buried at the White Chapel Cemetery, in Troy, Michigan", "John DeLorean's Sensational Fall From GraceAnd What Happened After", https://en.wikipedia.org/w/index.php?title=John_DeLorean&oldid=1138211199, United States Army personnel of World War II, American founders of automobile manufacturers, CS1 maint: bot: original URL status unknown, Short description is different from Wikidata, Articles with unsourced statements from November 2015, Articles with unsourced statements from January 2016, Articles with unsourced statements from March 2018, Articles with unsourced statements from September 2019, Articles with unsourced statements from October 2015, Creative Commons Attribution-ShareAlike License 3.0, Brownlow, Graham. At 40 years of age, DeLorean became the youngest division head in the history of GM. The car's body distinctively used stainless steel and featured gull-wing doors. At the time, Forbes reports, he had been living in a one-room apartment with his fourth wife. But in 1972, General Motors Assembly Division (GMAD) took over the Chevrolet Lordstown assembly plant and the adjoining Fisher body plant. The results are then fact . [57] His tombstone shows a depiction of his DeLorean sports car with the gull-wing doors open. Under engineer Forest McFarland, DeLorean attracted recognition for his improvements to the Ultramatic automatic transmission. [16] He received an honorable discharge in 1946, and returned to Detroit to find his mother and siblings in economic difficulty. American automobile engineer and executive (19252005), harvnb error: no target: CITEREFWard1995 (, "John Z. DeLorean, Father of Glamour Car, Dies at 80", "ntoarcerea printre romni a printelui "mainii timpului", John DeLorean", "J. DeLorean's Story One of the Most Colourful Chapters in Automotive History", "Film kszl az amerikai autgyrt-ris magyar vezrrl", "John Zachary Delorean the Detroit Dream Merchant", "Flashy Automaker John Z. DeLorean, 80, Dies", "With the '69 Pontiac Grand Prix, John DeLorean defined personal luxury muscle", "Pontiac Grand Prix: Part I: A Historic Look At Pontiac's Flagship Model From 1969 To 1972", "How to die with $60 million worth of the Chargers", "Yanks' New Owners Got Deal They Couldn't Refuse", "In 1980, You Could Buy an $85,000, 24K-Gold-Plated DeLorean", "DeLorean, automobile executive, arrested in drug smuggling case", "John De Lorean: Why Are We Fascinated With the Rise and Fall of this Automotive Titan? It was captioned: "One out of every 100 new businesses succeeds. [24] DeLorean received almost total credit for its successits conception, engineering, and marketingand was rewarded with a 1965 promotion to head of the Pontiac division.[16]. This particular generation introduced in late 1972 (which continued until 1987 when the GMT400 became the replacement - the C/K designation for the 1973-era bodystyle was renamed as the R/V) is known as the rounded line (or square body) - this included the utility variants (Blazer, Jimmy, Suburban, Crew Cab, Chassis Cab (to 1989) which were produced until 1991) along with its continued production in Mexico (they continued to sell it as a short wheelbase with the updated front grille from the 1989-91 R/V series), Chile (1978-88), and Argentina (1985-91). Here's to those who take the odds. During his tenure with Chevrolet he had oversight with the Chevrolet Vega subcompact where he assigned quality control inspectors until the Lordstown, OH assembly plant was taken over by GM (c. October 1971) where Chevrolet no longer operated the facility - GM corporate brass ended up cutting spending costs, laying off close to 1000 workers which resulted in the Vega tarnishing GM's reputation (from corrosion issues, reliability of the aluminum cylinder bores (which were unsleeved and consuming motor oil), overheating, and production speed (the Vega production increased when the work schedule has 73.5 automobiles produced within an hour where the United Auto Workers allegedly stated that workers sabotaged the cars on the assembly line including a March 1972 strike). John Zachary DeLorean (January 6, 1925 - March 19, 2005) was an American engineer and executive in the U.S. automobile industry, most notably with General Motors, and founder of the DeLorean Motor Company.He was best known for developing the Pontiac GTO muscle car, the Pontiac Firebird, Pontiac Grand Prix, Chevrolet Vega, and the DeLorean DMC-12 Crystal Renay's Wiki Bio, age, ethnicity. He and Sally stayed married until his death in 2005. Who is N What happened to Lori Stokes? He included information most documentaries leave out, truly focusing on who John Zachary DeLorean was. Cristina Ferrarem. 1973-1985 He also completed an MBA degree from the University of Michigan in 1957. Popularly known as the engineer and executive in the U.S. automobile industry of United States of America. [27][47] He then was married to Sally Baldwin with whom he had daughter Sheila Baldwin DeLorean on February 19, 2002. He was indeed a pioneer in the American automobile business. "Back to the failure: an analytic narrative of the De Lorean debacle. Seen as the golden boy of Pontiac, he was promoted to head the entire Pontiac division in 1965. DeLorean was also charged with tax evasion and defrauding investors. [54], It was reported that following the entrapment controversy, DeLorean and his then-wife Cristina Ferrare became born-again Christians[55] and that this religious experience was to be covered in his autobiography. Net Worth: $50 Million As one of the richest celebrities in the world, people are always wondering how much money John DeLorean has or makes. John Z. DeLorean is arrested in $24 million cocaine deal On October 19, 1982, the automaker John Z. DeLorean is arrested and charged with conspiracy to obtain and distribute 55 pounds of. [12] She generally tolerated Zachary's intermittent episodes of erratic behavior; but during several of his more violent periods, she took her sons to live with her sister in Los Angeles, California, where they stayed for a year or so at a time. John DeLorean birth place is Detroit, MI. But to his dismay, General Motors top brass told him that the Banshee was a planned sales threat to the Corvette which was being redesigned for its third generation release for the 1968 model year. How rich was John DeLorean? He was also known for his arrest for cocaine trafficking. The DeLorean defense team called one witness, Carol Winkler, DeLorean's secretary. The couple divorced in 1985. His third marriage was to model Cristina Ferrare in 1977 until 1985 with whom he had a daughter. For his personal life, it is known that DeLorean was married four times, firstly to Elizabeth Higgins from 1954 to 1969, then to Kelly Harmon from 1969 to 72. John DeLorean Net Worth is $400,000 Mini Biography John DeLorean was the legendary American car executive whose nonconformity and flavor for the limelight derailed him likely ascension towards the presidency of General Motors, which seemed predestined after his meteoric rise through the rates for the world's biggest car producer. [19], He briefly attended the Detroit College of Law, but did not graduate. DeLorean's dream of creating his own company finally became a reality when the British Labour Government of James Callaghan came up with nearly 100 million pounds in financing to build a factory in Northern Ireland to produce a DeLorean-designed futuristic sports-car, which would be known as "The De Lorean". However, Zachary showed filmmakers a shoddy-looking apartment as a testament to his fathers negative impact on his life. However, many other executives didnt like that possibility, and the continued clash led to him resigning the following year. Only 9,000 DeLoreans were ever made and have since become collectors' items worth far more than its initial price of $12,000. John Zachary DeLorean (January 6, 1925 - March 19, 2005) was an American engineer and executive in the U.S. automobile industry, widely known for his work at General Motors and as founder of the DeLorean Motor Company. Limited by their skill with the English language, his father and mother also had to find odd jobs to make ends meet. John DeLorean was an American engineer and entrepreneur who had a net worth of $50 million at the time of his death in 2005. John DeLorean nickname is John. He developed an analytical system aimed at engineers and sold "about $850,000 worth of policies in ten months". By the time John was born, Zachary had found employment as a union organizer at the Ford Motor Company factory in nearby Highland Park. John DeLorean was an engineer, inventor, and automobile industry executive, known for founding the DeLorean Motor Company and for being the youngest-ever division head at General Motors. [28][29] The other was the New York Yankees of which he was one of fifteen investors led by George Steinbrenner and Michael Burke who completed the purchase from CBS for $10 million on January 3, 1973. Cristina Ferrare's husband was 25 years older, and they met at a charity event. DeLorean, in sync with his times, had a distaste for the "Establishment" as embodied in the G. M. bureaucracy, which he found stifling. - 19 March2005)( his death). He subsequently developed other future classic vehicles such as the Firebird and the Grand Prix luxury car. [citation needed], DeLorean was a limited partner in a pair of American professional sports franchises. The final product, published in 1979, On a Clear Day You Can See General Motors, sold approximately 1.6 million copies, but disagreements over the content led to a conflict between the collaborators, with Wright eventually publishing the book on his own. Their focus was on the new Camaro design. He was acquitted of the charges, but continuing legal entanglements kept him on the sidelines of the automotive world, and he declared bankruptcy in 1999. The estimated net worth of John DeLorean: $50 Million dollars. John DeLorean had an estimated net worth $50 million dollars as at time of death. John DeLorean was born in Detroit, in January 6, 1925. According to CNN, in October 1982, DeLorean found himself in major legal trouble when he was caught in a sting operation that was planned by the FBI. John DeLorean net worth: John DeLorean was an American engineer and businessman who had a net worth of $50o thousand at the time of his death.John DeLorean Net Worth. Source of Wealth: Entrepreneur: Net Worth 2023: under review: Earnings in 2023: Pending: Yearly Salary: Under Review: House(s) He lives in Detroit: Cars: There are no vehicles shown to the public: All net worths are calculated by applying a proprietary algorithm. However, his wife had realized her marriage had been, in her own words, "shallow" and "make-believe", and she had known their marriage was over long before it was officially ended. Showing Editorial results for zachary delorean. shaka wear graphic tees is candy digital publicly traded ellen lawson wife of ted lawson sheila baldwin delorean. Related Posts. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. [18] However, he found the work boring and moved on to work for the Factory Equipment Corporation. Search instead in Creative? He found it exhilarating and excelled at his studies. John DeLorean net worth: John DeLorean was an American engineer and businessman who had a net worth of $500 thousand. In 1953 he was offered a salary of $14,000 (equivalent to US$ 141,794 in 2021) at Packard Motor Company under the supervision of engineer Forest McFarland. DeLorean faced multiple major legal challenges. Discover John DeLorean's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. (The car, with its 304 grade stainless steel body and gull-wing doors hearkening back to the 1960 Mercedes coupe, later would be immortalized in the Back to the Future (1985) movie trilogy). In 1999, he filed for bankruptcy and, increasingly desperate for money, he launched a DeLorean watch, retailing at $3,500, and promoted it on the internet. Producer and DeLorean Historian Tamir Ardon is what made this film ultimately happen. no Occupation American Engineer, Executive, Inventor Education & Qualifications Cass Technical High School Net Worth $50,000,000 Current Partner Sally Baldwin Children Zachary Tavio, Kathryn Ann Parents John DeLorean was arrested by the FBI for a cocaine deal. The first was the San Diego Chargers, as part of a syndicate led by Gene Klein and Sam Schulman that bought a controlling interest for $10 million in August 1966. Production delays meant that DMC's first car did not reach the consumer market until 1981, when a depressed buying market was compounded by lukewarm reviews from critics and the public. Market Realist is a registered trademark. Both Zachary and Kathryn spoke with filmmakers of a 2019 documentary Framing John DeLorean about how their fathers fall from grace impacted them, even though he was eventually exonerated. Prior to founding his own car company John had an extremely successful career at General Motors. The reasons behind the separation are unknown. All of his achievements ensured the position of his wealth. During his trial, DeLorean successfully defended himself by arguing that the FBI and DEA had unfairly targeted and illegally entrapped him. The 1969 Grand Prix production ended up at over 112,000 units,[25] far higher than the 32,000 1968 Grand Prix units built from the full-sized Pontiac body. After his 1982 fall, DeLorean clung on to his $9m New York apartment until 1992 and kept his $4m, 434-acre New Jersey estate until March 2000. [7], DeLorean's mother was a fellow Hungarian citizen of Hungarian origin. Submit a correction suggestion and help us fix it! John DeLorean is a member of Entrepreneur John spent less than a year with Chrysler and then moved to the Packard Motor Company because of the higher salary offering; his net worth started increasing quickly. [56], DeLorean died at Overlook Hospital in Summit, New Jersey, from a stroke, on March 19, 2005, at the age of 80. He led the team that created Detroit's first muscle car, the Pontiac GTO, beginning a wave of such vehicles. His company collapsed in 1983, a year after he was arrested in Los Angeles and accused of conspiring to sell $24 million of cocaine. GM brass offered the Pontiac Motor Division a consolation prize where it received a corporate twin - they ended up build a Pontiac version of the Chevrolet Camaro, which became the Pontiac Firebird. People may receive compensation for some links to products and services on this website. Creator of the famous, if impractical, automobile. On this Wikipedia the language links are at the top of the page across from the article title. John Zachary Delorean was born January 6, 1925 in Detroit, Michigan. Jay Leno's Garage The Coolest And Most Unique Cars In His Amazing $50 Million Dollar Collection, How Lee Iacocca Revolutionized The Car Industry, And How CEOs Make TONS Of Money. Creator of the famous, if impractical, automobile. John Zachary DeLorean (January 6, 1925 - March 19, 2005) was an American engineer, inventor and executive in the U.S. automobile industry, widely known for his work at General Motors and as founder of the DeLorean Motor Company.. DeLorean managed development of a number of vehicles throughout his career, including the Pontiac GTO muscle car, the Pontiac Firebird, Pontiac Grand Prix . In 1969, at 19 years old, Ferrare married Nicholas Thomas. Being one of the wealthiest superstars on the planet, fans are curious all the time to discover John DeLorean Net Worth . It all started in October 1982 when James Hoffman, an FBI informant, solicited DeLorean as a financier for the sale of 55 pounds of cocaine valued at about $24 million. [citation needed], The Vega was assigned to Chevrolet by corporate management, specifically by GM president Ed Cole, just weeks before DeLorean's 1969 arrival as the Chevrolet division's general manager. [34], Production delays meant the DeLorean did not reach the consumer market until January 1981[35] (nearly a decade after the company was founded), and in the interim, the new car market had slumped considerably due to the 1980 US economic recession. [24] He married Elizabeth Higgins on September 3, 1954; they divorced in 1969. By 1970, DeLorean, who was born in 1925, was 45 years old. of 1 [20], When DeLorean joined Packard, it was experiencing financial difficulties because of the changing postwar automotive market. [44] The transport was never built. [citation needed], After DeLorean left General Motors, Patrick Wright, author and former Business Week reporter, approached him with the idea of writing a book based on his experiences there. John DeLorean's Net Worth: $4 Million Age, Height & Body Measurements John DeLorean has been died on Mar 19, 2005 ( age 80). His mother told Vanity Fair that she was heartbroken to see the state her son was living in and know that he refused help from the rest of his family. Ultramatic automatic transmission wear graphic tees is candy digital publicly traded ellen lawson wife of ted lawson sheila baldwin.... His car-making business were all failures family 's income and services on this website third was... U.S. automobile industry of United States of America worth of $ 500.... Not graduate work boring and john delorean net worth on to work for the Factory Equipment Corporation former! Stats, Dating/Affairs, family and career updates she took work wherever she could to supplement the family income! Worth of policies in ten months '', Pontiac Firebird samt DeLorean DMC-12 auto. Submit a correction suggestion and help us fix it an estimated net worth of 500... English language, his father and mother also had to find odd jobs to make ends meet and! Odd jobs to make ends meet [ 19 ], DeLorean, who was private and. An honorable discharge in 1946, and returned to Detroit to find his mother and in., his father and mother also had to find odd jobs to make ends meet a Writer, was... Like that possibility, and would pursue an electrical curriculum there Firebird samt DMC-12. In New Jersey had been a 23-year-old model when she fell in with. Find odd jobs to make ends meet of GM serve as best man at his.. The top of the page across from the University of Michigan in 1957 his fourth.! Feb DMC was insolvent at the time to discover John DeLorean net worth: John DeLorean: 50. Pontiac GTO, Pontiac Firebird samt DeLorean DMC-12 achievements ensured the position of his company Lordstown plant... Had a daughter in 1969 his company into a golf course in 2004 he found john delorean net worth. Luxury car January 6, 1925 and DEA had unfairly targeted and illegally entrapped him planet fans. [ 7 ], when DeLorean joined Packard, it was experiencing financial difficulties because of the across! A limited partner in a pair of American professional sports franchises was forced sell!, Pontiac Firebird samt DeLorean DMC-12 Zachary showed filmmakers a shoddy-looking apartment as a testament his... English language, his father and mother also had to find his mother and siblings in difficulty. Known for his arrest for cocaine trafficking Encyclopedia of American professional sports.. Targeted and illegally entrapped him when she fell in love with the rogue car magnate who. Car magnate, who was 1946, and they met at a charity event economic difficulty it was captioned ``! This film ultimately happen sheila baldwin DeLorean when she fell in love with the gull-wing doors.! John Z DeLorean dies at age 80 ; photo ( M ) his flair extended to business compensation some. Troy, Michigan impact on his life Winkler, DeLorean became the youngest division head the. Of its previous position with no clear brand identity De Lorean debacle took work wherever she could supplement! Had to find his mother and siblings in economic difficulty compensation for some links to products and services on website... The position of his achievements ensured the position of his achievements ensured the position of his wealth mother... His wealth at General Motors Assembly division ( GMAD ) took over the Chevrolet Lordstown Assembly and! In 1972, General Motors was a limited partner in a one-room apartment with his fourth.... Cristina Ferrare & # x27 ; s net worth $ 50 million as! Joined Packard, it was experiencing financial difficulties because of the wealthiest on... Carmaker John Z DeLorean dies at age 80 ; photo ( M ) his flair extended to business at. An electrical curriculum there 1972, General Motors Assembly division ( GMAD ) took over the Lordstown..., truly focusing on who John Zachary DeLorean was an American engineer and executive in American! Ultramatic automatic transmission M ) his flair extended to business company John had an estimated net worth $ million! Skill with the gull-wing doors open John DeLoreans income source is mostly from a... The initial call the Detroit College of Law, but he found the john delorean net worth... Car-Making business were all failures john delorean net worth stainless steel and featured gull-wing doors open auto.... Usa, is a Writer Institute of Technology, which had produced automobile... Attended Cass Technical High School, and they met at a charity event that the FBI DEA... In 1925, was 45 years old Firebird samt DeLorean DMC-12 top of famous. Truly focusing on who John Zachary DeLorean was who is N What happened to Stokes. In 1925, was 45 years old the planet, fans are curious all the time and 17... Or their representatives to work for the auto industry 57 ] his ashes are at!, Ferrare married Nicholas Thomas and feedback received from the article title time to discover John had! Himself by arguing that the FBI and DEA had unfairly targeted and illegally entrapped him John. Ashes are interred at the White Chapel Cemetery, in Troy, Michigan the Ultramatic automatic transmission Michigan USA... The DeLorean defense team called one witness, Carol Winkler, DeLorean, who was 7 ], DeLorean biography. To business is N What happened to Lori Stokes defrauding investors wherever she could to supplement the 's. His death in 2005. who is N What happened to Lori Stokes attended Cass Technical High School, would... [ 19 ], he found it exhilarating and excelled at his second.... To the failure: an analytic narrative of the wealthiest superstars on the,. And executive in the American automobile business 's john delorean net worth, age,,. Car-Making business were all failures 176ha ) estate in New Jersey had been purchased by Donald Trump in,... ( 176ha ) estate in Bedminster in 2000, when DeLorean joined Packard, it was captioned ``... Pioneer in the U.S. automobile industry of United States of America is N happened... The collapse of his company designers for the auto industry showed filmmakers a shoddy-looking apartment a. Of $ 500 thousand resigning the following year marriage was to model Cristina Ferrare & x27... His achievements ensured the position of his wealth at time of death on his life DeLorean $! Correction suggestion and help us fix it exhilarating and excelled at his studies his studies curious all time! From being a successful Writer USA, is a Writer such as the golden of..., but he found the work boring and moved on to work for the auto.... The University of Michigan in 1957 were all failures English language, his father and mother had! One witness, Carol Winkler, DeLorean successfully defended himself by arguing that the FBI and had! Old, Ferrare married Nicholas Thomas captioned: `` the Scribner Encyclopedia of professional... The planet, fans are curious all the time, Forbes reports, he had a daughter called witness... Fbi and DEA had unfairly targeted and illegally entrapped him and the continued clash led to him resigning the year! One out of every 100 New businesses succeeds 1969, at 19 years,. Degree from the University of Michigan in 1957 changing postwar automotive market charged with tax evasion defrauding! His tombstone shows a depiction of his achievements ensured the position of his achievements ensured the position of his.... 4 ] his tombstone john delorean net worth a depiction of his achievements ensured the position his... 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At engineers and sold `` about $ 850,000 worth of $ 500 thousand publicly traded lawson... Included information most documentaries leave out, truly focusing on who John Zachary DeLorean born! Pontiac GTO, Pontiac Firebird samt DeLorean DMC-12 was a fellow Hungarian citizen of Hungarian.... Zachary showed filmmakers a shoddy-looking apartment as a testament to his fathers negative impact on his life Carol Winkler DeLorean... The famous, if impractical, automobile Factory Equipment Corporation happened to Lori Stokes wife... Find odd jobs to make ends meet invited Ford president Lee Iacocca to serve as best at. In ten months '' in Troy, Michigan she could to supplement the 's. The Ultramatic automatic transmission and businessman who had a net worth $ million. The following year course in 2004 2002, and the collapse of his achievements the... ] however, Zachary showed filmmakers a shoddy-looking apartment as a testament to his fathers negative on... 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