Joe Shoen was born on October 28, 1949, in Phoenix, Arizona, to Leonard Shoen and Anna Mary Carty. His father, Leonard, founded the U-Haul company in 1945, laying the foundation for Joe's future in the business world. Growing up in Phoenix, Joe was surrounded by the entrepreneurial spirit of his father, which would eventually shape his career path.
After graduating from high school, Joe Shoen went on to attend the College of the Holy Cross in Massachusetts. It was here that he began to develop his business acumen and leadership skills. Following his undergraduate studies, Joe pursued an MBA from the prestigious Harvard University, further solidifying his knowledge and expertise in the field of business.
After completing his education, Joe Shoen joined the family business, AMERCO, which owns the U-Haul International company. He quickly rose through the ranks and eventually became the president and CEO of the company. Under his leadership, AMERCO experienced significant growth and success, solidifying its position as a leader in the moving and storage industry.
By late 2013, Joe Shoen's net worth had soared to nearly 800 million dollars, a testament to his business savvy and leadership skills. His contributions to AMERCO and the U-Haul International company have been widely recognized, earning him a reputation as a prominent figure in the business world.
Joe Shoen is a devoted family man, having been married to Sylvia Shoen. Together, they have two sons, Stuart and Samuel, who have followed in their father's footsteps and become integral parts of the family business. Despite his busy schedule as a business executive, Joe always makes time for his family and values the importance of maintaining strong family ties.
Joe Shoen's legacy extends beyond his business accomplishments. He is mentioned in Luke Krueger's nonfiction work, "A Noble Function: How U-Haul Moved America," highlighting his impact on the transportation industry. Alongside other prominent Arizona natives like Bruce Halle, founder of Discount Tire, Joe Shoen has left a lasting legacy in the business world.
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