$575 million
The Orange County Business Journal last year estimated Jones’ worth at $575 million. His flagship operation is Fletcher Jones Motorcars in Newport Beach.

Who owns Fletcher Jones?

In 1992, Jones purchased a bankrupt Mercedes-Benz dealership in Newport Beach and asked his son, Fletcher (Ted) Jones Jr. to run it. Called Fletcher Jones Motor Cars in Newport Beach, the dealership is now the second largest Mercedes dealer in the United States. His son is married to Las Vegas Mayor Jan Jones.

How much is Donald Bren worth?

15.3 billion USD (2021)
Donald Bren/Net worth
Donald Bren, the 88-year-old owner of real estate giant Orange County-based Irvine Co., has a net worth of $15.3 billion, according to Forbes — again the nation’s wealthiest individual property owner.

What person owns Mercedes-Benz?

Daimler AG
Mercedes-Benz Corporation is a but a division of a larger German automobile manufacturer, Daimler AG.

How many cars does Fletcher Jones sell a month?

“Last year, Fletcher Jones averaged over 500 new and used units a month, while we did 220.

How old was Fletcher Jones when he died?

Copy Link URL Copied! Fletcher Jones, a colorful car dealer who built a chain of agencies from a single Los Angeles lot, died Thursday in Las Vegas. He was 76.

How much money does Fletcher Jones make a year?

The battle over spending landed in Waltz’s courtroom in 2015. CPA Jason Wegis, Kimberly’s expert, testified that Jones’ annual, pre-tax income was $53 million, which calculated to a guideline payment of more than $500,000 per month in child support. To duel against Wegis, Jones summoned CPA David Swan as his witness.

Where did Fletcher Jones live in Newport Beach?

According to court records reviewed by the Weekly, Jones’ auto-driven wealth topped $600 million three years ago. When they were together, the couple lived in a $30 million waterfront Newport Beach estate stationed on an exclusive island where a neighbor was Donald Bren, the owner of the Irvine Co. and Orange County’s richest billionaire.

What kind of cars did Fletcher Jones buy?

He gifted her cars (including a 2011 Ferrari, a 1957 Thunderbird, a 1956 Corvette and a 1932 Fiat truck) and jewelry worth more than a million dollars, including a $300,000 Cartier necklace. They bought a restaurant, Billy’s at the Beach, on Pacific Coast Highway. Her 40th-birthday party cost $468,204.