Jeffrey Lorberbaum

$1.19 B

Ranked #3024 in World

About Jeffrey Lorberbaum

American billionaire Jeffrey Lorberbaum, born on October 24, 1954, in Calhoun, Georgia, stands as the chairman and CEO of Mohawk Industries, the premier global flooring manufacturer. Originating from a New York migrant family and a University of Denver graduate, Lorberbaum entered the family venture, Aladdin Mills, in 1976, ascending to significant roles before orchestrating the pivotal merger with Mohawk Industries in 1994. Under his leadership since becoming president in 1995 and CEO in 2001, Mohawk expanded its market dominance, notably through the acquisitions of Dal-Tile in 2002 and Unilin in 2005, elevating its revenue to $5.8 billion by 2012. Residing in Chattanooga, Tennessee, with his wife, Sarah, and their two children, Lorberbaum's stake in Mohawk is valued at $2.14 billion as of August 2016.

Born

October 25, 1954

Age

71 years

Source Of Wealth

Flooring

Industries

Manufacturing

Citizenship

United States

Residence

Chattanooga, Tennessee

Education

Bachelor of Arts/Science, University of Denver

Spouse

Sarah Lorberbaum

Children

Lauren Lorberbaum-Donohue, Brian Lorberbaum

Parent

Alan Lorberbaum, Shirley Lorberbaum

Jeffrey Lorberbaum, born on October 24, 1954, in Calhoun, Georgia, is an American billionaire, chairman, and CEO of Mohawk Industries, the world's largest flooring company. His parents, Shirley and Alan Lorberbaum, were migrants from New York City. Jeffrey graduated with a Bachelor of Arts degree from the University of Denver.

Jeffrey Lorberbaum: Family

Jeffrey Lorberbaum is married to Sarah Lorberbaum, and they reside in Chattanooga, Tennessee. The couple has two children, Lauren and Brian.

Jeffrey Lorberbaum: Career Highlights

Jeffrey Lorberbaum joined the family business, Aladdin Mills, in 1976. He held various leadership positions, including vice president of operations from 1986 to 1994. In 1994, Aladdin merged with Mohawk Industries, creating one of the largest flooring manufacturers in the United States. Jeffrey became president of Mohawk in 1995 and CEO in 2001.

Under his leadership, Mohawk grew to $5.8 billion in revenues by 2012 through strategic acquisitions. In 2002, Jeffrey orchestrated the $1.8 billion purchase of Dal-Tile, making Mohawk the world's largest tile-maker. In 2005, he acquired Unilin, a Belgium-based maker of laminate flooring and MDF board, for $2.6 billion.

Jeffrey Lorberbaum: Companies

Jeffrey Lorberbaum is associated with the following companies:

Mohawk Industries
Aladdin Mills
Dal-Tile
Unilin

Jeffrey Lorberbaum: Major Achievements

Jeffrey Lorberbaum's major achievements include:

Growing Mohawk Industries to become the world's largest flooring company.
Orchestrating the $1.8 billion acquisition of Dal-Tile, making Mohawk the world's largest tile-maker.
Acquiring Unilin, a Belgium-based maker of laminate flooring and MDF board, for $2.6 billion.

Jeffrey Lorberbaum: Awards & Achievements

Jeffrey Lorberbaum has received numerous awards and recognitions for his contributions to the flooring industry, including:

Ernst & Young Entrepreneur of the Year Award (2003)
National Floorcovering Association's Person of the Year (2004)
World Floor Covering Association's Lifetime Achievement Award (2012)

Jeffrey Lorberbaum: Personal Life & Legacy

Jeffrey Lorberbaum is known for his philanthropic efforts and support of various charitable organizations. He holds 9.6 million shares of Mohawk, valued at $2.14 billion (as of August 2016).

Jeffrey Lorberbaum's legacy lies in his transformative leadership and contributions to the flooring industry, making Mohawk Industries a global leader in flooring solutions.

Jeffrey Lorberbaum: Trivia

Jeffrey Lorberbaum is an avid golfer and enjoys playing the guitar.
He is a member of the Young Presidents' Organization (YPO) and the World Presidents' Organization (WPO).
Jeffrey Lorberbaum is a supporter of the Republican Party and has made political contributions to various Republican candidates.

Wealth History

Timeline

October 24, 1954

Jeffrey Lorberbaum was born in Calhoun, Georgia.

1976

Jeffrey Lorberbaum joined the family business, Aladdin Mills.

1986-1994

Jeffrey Lorberbaum held various leadership positions at Aladdin Mills, including vice president of operations.

1994

Aladdin Mills merged with Mohawk Industries, creating one of the largest flooring manufacturers in the US.

1995

Jeffrey Lorberbaum became president of Mohawk Industries.

2001

Jeffrey Lorberbaum became CEO of Mohawk Industries.

2002

Mohawk Industries orchestrated the $1.8 billion purchase of Dal-Tile, making Mohawk the world's largest tile-maker.

2005

Mohawk Industries acquired Unilin, a Belgium-based maker of laminate flooring and MDF board, for $2.6 billion.

Jeffrey Lorberbaum : FAQs

What is Jeffrey Lorberbaum's current net worth?

Jeffrey Lorberbaum's current net worth is $1.19 billion.

What is Jeffrey Lorberbaum's current global rank among billionaires?

Jeffrey Lorberbaum holds the 3024th position globally among billionaires.

What is Jeffrey Lorberbaum's current ranking within the United States?

Jeffrey Lorberbaum holds the 911th position in United States.

What was the change in Jeffrey Lorberbaum's net worth compared to the previous year?

Jeffrey Lorberbaum's net worth decreased by 86.33 million dollars compared to the previous year 2025, when his net worth was 1.28 billion dollars.

What is the recent change in Jeffrey Lorberbaum's net worth?

Jeffrey Lorberbaum's net worth increased by 15.95 million dollars recently, a 1.34% increase, with his net worth standing at 1.19 billion dollars.

What are Jeffrey Lorberbaum's main sources of wealth?

Jeffrey Lorberbaum's main source of income comes from Flooring.

In which industry does Jeffrey Lorberbaum primarily operate?

Jeffrey Lorberbaum is primarily involved in the Manufacturing industry.

What is Jeffrey Lorberbaum educational background?

Jeffrey Lorberbaum holds a Bachelor of Arts/Science from the University of Denver.

How old is Jeffrey Lorberbaum?

Jeffrey Lorberbaum is 71 years old.

Who is Jeffrey Lorberbaum and why is he famous?

Jeffrey Lorberbaum is an American billionaire known as the chairman and CEO of Mohawk Industries, the largest flooring company in the world.

When and where was Jeffrey Lorberbaum born?

Jeffrey Lorberbaum was born on October 24, 1954, in Calhoun, Georgia.

How did Jeffrey Lorberbaum contribute to the growth of Mohawk Industries?

Jeffrey Lorberbaum played a vital role in growing Mohawk Industries through strategic acquisitions, significantly with the $1.8 billion purchase of Dal-Tile in 2002 and the acquisition of Unilin in 2005 for $2.6 billion, expanding the company's global presence.

Can you describe Jeffrey Lorberbaum's family and personal life?

Jeffrey Lorberbaum is married to Sarah Lorberbaum, with whom he has two children, Lauren and Brian. The family resides in Chattanooga, Tennessee, and Jeffrey holds 9.6 million shares of Mohawk, valued at $2.14 billion as of August 2016.