Rick Hendrick is the founder of ‘Hendrick Motorsports’ as known as All-Star Racing, ‘Hendrick Automotive Group’ and current owner of ‘American NASCAR team. Hendrick secured his name in NASCAR Hall of Fame in 2017 after conquering 12 NASCAR Cups in Monster Energy NASCAR Cup Series. Let’s find out more about how much is Rick Hendricks’s net worth in 2018.
Rick Hendricks Early Life
Joseph Riddick “Rick” Hendrick III was born in 1949 on July 12 to Joseph Hendrick Jr. and Mary Hendrick in North Carolina, America.
Hendrick grew up on the farm of his family. He was fond of cars and used to troubleshoot and diagnose cars. He started Drag Racing at the age of 14 in a self-made Chevrolet. He also won car troubleshooting contest in his teenage, arranged in Virginia division. He was considered a very good player of baseball while attending Park View High School in Virginia South Hill. After high school, he decided to practice cooperative work-study with a private electric company and North Carolina State University.
Hendrick married to Linda Hendrick who later turned into Co-owner of All-Star Racing. Hendrick and his wife Linda has experienced a plane crash in which they both survived. He has 2 children named Ricky Hendrick (Late) and Lynn Carlson.
Hendrick was found guilty to mail fraud in 1997 and was sentenced to a $250,000 fine and has no involvement in Hendrick Motorsports, 3-year probation and home confinement for 12 months. During his life of confinement, the company was operated by his brother Jim Perkins.
Hendrick acknowledged complete pardon from President Bill Clinton in 2000.
Rick Hendricks Career
Rick Hendrick’s team of racing drag-boat procured a world record of 357.5 km / 222.2 mph by utilising the boat Nitro Fever. The team also won three successive national championships in late 1970’s.
Hendrick is a well known successful owner in the history of NASCAR competitions. He bagged 16 driver’s championships which include ‘1 Xfinity series’, ‘3 camping world truck series’ and ‘12 sprint cup series’.
Hendrick started the ‘Hendrick Marrow Program’, which was intended to serve public with different public services programs in collaboration with the ‘The Match Foundation’ for the encouragement of the National Marrow Donor Program. The Program has produced effective results with over 5000 deserving patients had eased with the program. The program has raised millions of dollars for the betterment and free assistance of the society.
Hendrick is the youngest Chevrolet dealer in the country, Member of Board of advisor at a private hospital named Charlotte Mecklenburg, Director of Sense Technologies Inc. With Top three divisions, Hendrick has achieved more than 200 combined victories and still counting in his wonderful career.
Awards & Achievements
Rick Hendrick and his cooperative wife collected Marrow Foundation Leadership award for the work they did for the society in 1999. Also, in April 2006, at the Constitution Hall, Hendrick was awarded the prestigious Horatio Alger Award in Washington, D.C. He was presented with North Carolina’s highest order of civilian award ‘Order of the Long Leaf Pine’ by Governor Jim Hunt.
Net Worth of Rick Hendrick
Rick Hendricks’s net worth is estimated at $1 billion, according to the several sources and reports. Owning a popular NASCAR team and a worthy All-Star Racing company generating revenue of more than $3.5 Billion, endorsements and all incomes which made him far richer than he dreamed about. He has, at this time, designed a well-furnished trophy room to house all his achievements.
Rick Hendrick is one of the most successful owners of all time in car racing industry. He is an example of famous Quote “Do what you love, and the money will follow”. He is not just a business tycoon but a generous and kind person who founded non-profit organisations to assist poor and needy.