Carroll Shelby Net Worth and All You Need to Know About Him

Carroll Shelby net worth – $40 million is quite a hefty sum and seems like a pretty good one whenever you hear about it. She was a successful designer, racer, and businessman and remarkable in her career & personal life.

Summary tabel
Stage name Carroll Shelby
Legal name Carroll Shelby
Date of birth January 11, 1923
Gender Male
Height 6 feet (190 cm)
Net worth $40 million
Salary/earning/income per year
Profession Designer, racer, and businessman
Nationality American

Table of Contents

Carroll Shelby’s Personal Biography

caroll shelby net worth

Before attaining his wealth as a successful businessman and race car driver, Shelby’s professional persona is quite fascinating to talk about. So far, he has been well-known as an American businessman and car designer.

  • Legal name & stage name: Carroll Shelby is not given a stage name and still uses his birth name professionally.
  • Date of birth: Shelby was born in Leesburg, Texas, on January 11, 1923. He died in 2012 due to health problems at the age of 89.
  • Gender & height: Carroll Shelby is a male who is about 6 feet (190 cm) tall.
  • Nationality: Born and raised in Texas, Shelby is an American, obviously.
  • Best known for: He was known for his career as a professional racer and car designer. It lasted for several years with companies like Ford & Dodge.

Life Beginnings

carroll shelby

Shelby’s childhood has not always been easy due to his heart problems. He has lived a turbulent life before becoming a famous American racecar driver and one of the wealthiest people in the world.

During his life, Shelby unfortunately experienced many health problems. But that didn’t make his love for racing lessen. He still drove it occasionally from the age of 15.

Carroll Shelby net worth is the result of his pioneering role in the auto industry, but his first education was pilot school at the San Antonio Aviation Cadet Center now known as Lackland Air Force Base.

Before becoming a professional racer and sports car designer, Shelby was a chicken farmer until 1952.

  • Family

Shelby was married seven times in his life. From his first marriage, he had three children.

Carroll Shelby Net Worth

carroll shelby

How much is Carroll Shelby net worth?

According to reports, Carroll Shelby’s fortune when he died was equivalent to USD 40 million today. Carroll Shelby net worth stems largely from his love of the automotive world. The following are a few of the things that became the source of Carroll’s wealth during his life.

How did Carroll Shelby earn his net worth?

One of the sources of Carroll Shelby net worth has been as an entrepreneur. He was still a professional racer before this, raking in around $3,500 at that time.

His first professional event was the January issue of Grand Prairie Naval Air Station. Since then he’s competed in events all over Europe and America.

Not long after, in 1956 to 1957, he managed to earn around 500,000 dollars in that period. Even Shelby was dubbed the driver of the year by Sports Illustrated.

As a professional race car driver, Carroll Shelby net worth were gained from various races. His last race was in 1959 and he retired from motorsports and became an entrepreneur.

Businesses and Property

Carroll Shelby net worth also comes from his company, Shelby Licensing that sells a variety of car tools, grooming products, and car wheels.. He is also involved with the Carroll Shelby Children’s Foundation for children with heart problems.

In 1994, Shelby and his wife Lena renovated the Bel-Air in Dallas. Previously he had bought it from its old owner who had been selling it for years. He also owns an apartment complex called The Shelby, which is located on SMU Boulevard, Dallas.

Carroll Shelby’s Car Collection

He was a car collector and the inventor of groundbreaking racing cars. Carroll Shelby net worth can also be seen from his vast car collection.

  • 1927 Ford Model T
  • 1931 Ford Model A Sport Coupe
  • 1935 Chrysler Airflow
  • 1955 Desoto Firedome
  • 1965 Shelby Cobra
  • 1966 Shelby GT350 Convertible
  • 1967 Lincoln Continental Convertible
  • 1968 Shelby GT350
  • 1969 Shelby GT500
  • 1982 Dodge Shelby Charger Prototype
  • 1983 De Tomaso Pantera GTS
  • 1983 Dodge Shelby Ram Prototype
  • 1987 De Tomaso Pantera GT5-S
  • 1987 Dodge CSX
  • 1987 Dodge Shelby Charger GLH-S
  • 1987 Dodge Shelby Lancer
  • 1988 Dodge Shelby Dakota Prototype
  • 1989 Dodge CSX VNT
  • 1997 Shelby Aurora Can-Am
  • 1999 Shelby Series 1
  • 2008 Ford Mustang Shelby GT500KR
  • 2012 Ford Mustang Shelby GT500 Super Snake

Carroll Shelby’s Career

shelby durability

We can talk about Carroll Shelby net worth many accomplishments, including his career as a professional race car driver.

  • Driving career

Shelby started working with Aston Martin as a professional driver in the late 1950s and is known for setting the land speed record at Bonneville Salt Flats.

Shelby was under Sports Illustrated from 1956 to 1957 and earned a fairly high salary there. He then started his career as an F1 car racer from 1958 to 1959.

In the same year, he also drove an Aston Martin DBR1 which secured his victory at the 24 Hours of Le Mans.

  • Carroll Shelby as a constructor

Shelby continued to work in the automotive world after retiring from his professional racing job. He opened a driving school called Shelby-American

In 2004, Ford introduced the Ford Shelby Cobra Concept, which is a high-performance race car inspired by the characteristics of one racer. Then in 2005, the CSM V6 Shelby Mustang CS6 released its first modern car masterpiece. Then at the New York International Auto Show, the Shelby GT500 was introduced.

  • Carroll Shelby as Author

Shelby not only has a contract as a car designer, but also as a writer. His most popular work is The Carroll Shelby Story, which came out in 1967.

  • Partnership with Dodge

As part of his job as a performance consultant, he was asked to find further ways to make the Viper’s body as light and maneuverable as possible. There were also other projects involved at the same time for Chrysler Corporation. Of course, this contributes to Carroll Shelby net worth.

  • Racing records

Shelby has also raced in F1, participated in 24 Hours of Le Mans and 12 Hours of Sebring, and drove an Aston Martin, a Ferrari & a Maserati.

  • What makes Carroll Shelby so successful?

Shelby has many successful car designs, and the diversity of his work has helped make him extremely rich.

Know About Carroll Shelby’s Death

In 2012, Shelby suffered from serious health problems for years before she passed away in May. Shelby has been a great success and inspiration for many car brands. Carroll Shelby net worth is what he should be proud of the contributions his lifetime.