Gene Haas Net Worth | $250 Million

Gene Haas is a shinig star in the business community with a net worth of $250 million. He owns several motorsports businesses and is the founder of the Haas Foundation. He is also famous for inventing the Idexer in 1983. These are some of his primary sources of income.

Quick Facts

Name Eugene Francis Haas
Full Name Gene Haas
Nick Name Joanne Haas
Material Status Married
Net Worth $250 Million
Date Of Birth 12 November 1952
Age 70 Years
Height 5 Feet 6 Inches
Weight 75kg
Hair Color Blue
Eye Color Gray
Birth Place Youngstown, Ohio, United States
Currently, Live In  America
Profession American Founder, President, And Sole Stockholder Of Haas Automation, A Cnc Machine Tool Manufacturer
Nationality America
Religion Christian
Hometown Youngstown Ohio
Zodiac Sign Scorpio
School/High School California State University, Northridge
Hobbies Up Motorsports, Golf

Net worth 

According to some authentic resources Gene Haas net worth is estimated at the impressive figure of $250 million. Additionally, Haas Automation’s 2008 sales remained slightly below $1 billion. Haas Automation is one of the largest machine manufacturers in the world, with headquarters in Oxnard, California. Haas also owns Stewart-Haas Racing, which has won multiple NASCAR awards. 

Source of Income

Gene’s main source of income is his participation in several businesses. He also earns from multiple sources, including book sales, personal investments, and endorsements or partnerships with relevant brands or companies.



He owns a Formula One car, a Haas VF-19, and a Ford Mustang GT worth $40,000.


Real Estate Property

 He owns several properties in the US and enjoys real estate investment.


In 2006, Gene was detained by IRS agents for submitting fake tax returns. He received a two-year prison term and a $75 million reparation order. It deducts a major part of Gene Haas net worth.

Early Life

Eugene Francis Haas was born on November 12, 1952, in Youngstown, Ohio, United States of America.  Haas moved to Los Angeles with his family when he was a child. His father worked as an electrical cabinet, and his mother was a teacher at a local school. He studied at California State University, Northridge, earning a Bachelorette of Science degree in Accounting. After working as an accountant several times, he started his machine shop in 1983, ultimately leading to the creation of Haas Automation in 1988. 

Gene Haas a career

Gene Haas began an automation company. Haas also worked in a machine shop. He founded Proturn Engineering in California and invented a cost-effective 5C indexer. Gene Haas worked as an accountant for many businesses at the beginning of his career.

In 1988, he created Haas Automation, which is famous as one of the world’s biggest makers of machine tools. Haas also shares ownership of Stewart-Haas Racing. The company started with three employees. He also sponsors several race teams, including INDYCAR, Formula One, and NASCAR.  



Gene Haas’s journey from machine shop founder to the world’s best automation foundation founder is worth exploring. His hard work paid off; today, he has a net worth of $250 million

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