#1833

Jerry Moyes & family

United States 82 years old Self-Made

Overview

Source of Wealth
Transportation
Industry
Logistics
Residence
Tolleson, Arizona
Marital Status
Married
Children
10

Assets

  • Knight-Swift
    5,576,000 shares @ -
    -
    KNX-US

Biography

Jerry Moyes and his father founded Swift Transportation in 1966 with one truck, moving cotton and imported steel between Arizona and California

Swift grew to nearly 20,000 trucks and some $4 billion in annual revenue before it merged with Knight Transportation in 2017.

Moyes sold much of his stake in Knight-Swift prior to 2022. Now concentrates on SME Industries, a steel fabricator and construction company in Utah.

Moyes owned the Phoenix Coyotes hockey team, with minority partner Wayne Gretzky, until the team filed for bankruptcy in 2009 and was sold to the NHL.

About

Moyes resigned as Swift CEO in 2005 after an insider-trading case (he did not admit to wrongdoing). Two years later, he took Swift private in a leveraged buyout.

Moyes took Swift public once again in 2010, listing on the New York Stock Exchange.