E. Joe Shoen

$3.15 B

Ranked #1315 in World

About E. Joe Shoen

Edward Joseph Shoen, an American billionaire and leader in the self-moving industry, guides AMERCO as President and CEO. The Phoenix-born entrepreneur, who expanded U-Haul International, is a Holy Cross alumnus and holds an MBA from Harvard. Credited for a visionary thesis on self-storage, his law studies led to a J.D. from the Sandra Day O'Connor College of Law. Shoen's personal wealth stands at $4.1 billion. His life is chronicled in "A Noble Function: How U-Haul Moved America."

Born

October 28, 1949 in Phoenix, Arizona, U.S.

Age

76 years

Source Of Wealth

U-Haul

Industries

Automotive

Citizenship

United States

Residence

Phoenix, Arizona

Education

Bachelor of Arts/Science, College of the Holy Cross; Master of Business Administration, Harvard Business School

Parent

Leonard Shoen

Edward Joseph Shoen, born on March 28, 1949, is an American billionaire businessman. He is the son of U-Haul founder Leonard Shoen and was raised in Phoenix, Arizona. Shoen graduated from the College of the Holy Cross with a Bachelor of Arts (B.A.) degree and later obtained a Master of Business Administration (M.B.A.) from Harvard Business School, where he wrote his thesis on self-storage businesses.

E. Joe Shoen: Family

Shoen lives in Phoenix, Arizona, with his wife, Sylvia, and two sons, Carty and Joseph.

E. Joe Shoen: Career Highlights

Shoen became a member of the executive board of U-Haul immediately after graduating from Harvard. He briefly quit in 1978 to attend the Sandra Day O'Connor College of Law and earned a Juris Doctor (J.D.) degree in 1981. Shoen is currently the president, chairman, and CEO of AMERCO, the holding company of U-Haul International, and is credited with U-Haul's expansion in the self-moving business.

E. Joe Shoen: Companies

Shoen is associated with the following companies:

AMERCO
U-Haul International

E. Joe Shoen: Major Achievements

Shoen's major achievements include:

Leading U-Haul's expansion in the self-moving business
Transforming U-Haul into a global brand
Developing innovative products and services for the self-moving industry

E. Joe Shoen: Awards & Achievements

Shoen has received numerous awards and recognitions for his contributions to the self-moving industry, including:

Ernst & Young Entrepreneur of the Year Award (1997)
Phoenix Business Journal's Lifetime Achievement Award (2014)
Arizona State University's W. P. Carey School of Business Hall of Fame (2015)

E. Joe Shoen: Personal Life & Legacy

Shoen is known for his philanthropic efforts and has made significant contributions to various charitable organizations. He is also an avid art collector and has donated several pieces of art to the Phoenix Art Museum. Shoen's legacy lies in his transformative leadership of U-Haul and his contributions to the self-moving industry.

E.
Joe Shoen: Trivia

Shoen is a licensed pilot and enjoys flying airplanes as a hobby.

Wealth History

Timeline

March 28, 1949

Edward Joseph Shoen is born in Phoenix, Arizona.

1970s

Shoen graduates from the College of the Holy Cross with a Bachelor of Arts (B.A.) degree.

1970s

Shoen receives a Master of Business Administration (M.B.A.) degree from Harvard Business School.

1970s

Shoen writes his thesis at Harvard on self-storage businesses.

1970s

Shoen becomes a member of the executive board of U-Haul immediately after graduating from Harvard.

1978

Shoen briefly quits U-Haul and attends the Sandra Day O'Connor College of Law.

1981

Shoen earns a Juris Doctor (J.D.) degree from the Sandra Day O'Connor College of Law.

Present

Shoen lives in Phoenix, Arizona, with his wife, Sylvia, and two sons: Carty and Joseph.

August 2023

Shoen is estimated to have a net worth of $4.1 billion.

E. Joe Shoen : FAQs

What is E. Joe Shoen's current net worth?

E. Joe Shoen's current net worth is $3.15 billion.

What is E. Joe Shoen's current global rank among billionaires?

E. Joe Shoen holds the 1315th position globally among billionaires.

What is E. Joe Shoen's current ranking within the United States?

E. Joe Shoen holds the 482nd position in United States.

What was the change in E. Joe Shoen's net worth compared to the previous year?

E. Joe Shoen's net worth decreased by 131.39 million dollars compared to the previous year 2025, when his net worth was 3.28 billion dollars.

What is the recent change in E. Joe Shoen's net worth?

E. Joe Shoen's net worth decreased by 2.18 million dollars recently, a 0.07% decrease, with his net worth standing at 3.15 billion dollars.

What are E. Joe Shoen's main sources of wealth?

E. Joe Shoen's main source of income comes from U-Haul.

In which industry does E. Joe Shoen primarily operate?

E. Joe Shoen is primarily involved in the Automotive industry.

What is E. Joe Shoen educational background?

E. Joe Shoen holds a Bachelor of Arts/Science from College of the Holy Cross and a Master of Business Administration from Harvard Business School.

How old is E. Joe Shoen?

E. Joe Shoen is 76 years old.

Who is Edward Joseph Shoen and what is his role at U-Haul International?

Edward Joseph Shoen is an American billionaire businessman serving as the President, chairman, and CEO of AMERCO, the parent company of U-Haul International. He is recognized for steering U-Haul's expansion in the self-moving business.

What role did Edward Joseph Shoen play at U-Haul after graduating from Harvard Business School?

After graduating from Harvard Business School, Edward Joseph Shoen joined the executive board of U-Haul. He later took a brief hiatus in 1978 to attend law school but returned to U-Haul's management post-graduation.

What is known about Edward Joseph Shoen's personal life and family?

Edward Joseph Shoen lives in Phoenix, Arizona, with his wife, Sylvia, and their two sons, Carty and Joseph.