Gene Haas - Famous Businessperson

Gene Haas Net Worth


Gene Haas is an American businessman and entrepreneur with a remarkable net worth of $250 million. He is the founder of Haas Automation and the mastermind behind the success of Stewart-Haas Racing and Haas Formula.

Key facts:

  • Gene Haas is the founder, president, and sole stockholder of Haas Automation, the largest machine tool manufacturer in the U.S.
  • He founded the NASCAR team Haas CNC Racing, which is now known as Stewart-Haas Racing.
  • In 2014, Gene Haas formed the Formula One team Haas Formula and became the first American-owned Formula One team in 30 years.
  • He developed and patented the HBI-5C, an indexer with a stepper motor drive, in 1986.
  • In 1999, he established the Gene Haas Foundation to support local charities.

Basic Information About Gene Haas

ProfessionsEngineer, Businessperson
Net worth$250,000,000
Date of birth1952-11-12 (71 years old)
Place of birthCalifornia
NationalityUnited States of America
Social Mediaβ†—οΈŽ Wikipedia

Gene Haas: The Man Behind the Success

In the world of business and entrepreneurship, there are individuals who leave an indelible mark on their respective fields. One such figure is Gene Haas, an American businessman and entrepreneur known for his incredible success and net worth of $250 million dollars. Born in November 1952, Gene Haas has become a household name synonymous with achievement and innovation.

Net Worth Details

With a net worth of $250 million dollars, Gene Haas sits among the elite in the business world. His journey to this incredible financial milestone is a testament to his dedication, hard work, and ability to spot future opportunities.


Gene Haas’s story is a compelling one, highlighting his rise from humble beginnings to becoming a renowned figure in both NASCAR and Formula One racing.

What is Gene Haas known for?

Gene Haas is most prominently known as the founder, president, and sole stockholder of Haas Automation, the largest machine tool manufacturer in the U.S. His company has revolutionized the industry, bringing advanced machining technology to countless businesses worldwide.

Early Life and Education

Gene Haas’s journey began at California State University Northridge, where he graduated with a degree in accounting and finance in 1975. Armed with his newfound knowledge and passion for precision engineering, Haas set out on a path that would lead him to extraordinary success.


After graduation, Haas embarked on a career as a machinist and CNC programmer. Alongside developing his skills, he opened a small machine shop, Pro-turn Engineering, in 1978. This served as a stepping stone for his future endeavors.

Driven by his ambition and desire to innovate, Gene Haas developed and built an indexer with a stepper motor drive. Recognizing its potential, he founded Haas Automation to mass produce this groundbreaking invention. Haas’s product, the HBI-5C, was patented in 1986, solidifying his status as a pioneer in the industry.

By 2008, Haas Automation’s annual sales had skyrocketed, nearing the impressive mark of $1 billion dollars. This remarkable achievement cemented Gene Haas as an influential figure in the machine tool manufacturing sector.

While revolutionizing the machining industry, Haas also ventured into the world of motorsports. In 2002, he formed Haas CNC Racing, a NASCAR team that would soon make waves in the racing world. However, his ambitions didn’t stop there.

In 2008, Gene Haas joined forces with racing legend Tony Stewart to establish Stewart-Haas Racing. This collaboration propelled both men and their team to unprecedented success, making them a force to be reckoned with in NASCAR.

Gene Haas’s adventurous spirit led him to explore new horizons. In 2014, he submitted an interest to compete in Formula One racing, leading to the formation of the Haas Formula team. Again, Haas proved his ability to adapt and excel in new arenas.

Gene Haas isn’t just a successful businessman; he is also a philanthropist. In 1999, he established the Gene Haas Foundation with the aim of supporting local charities. Through his foundation, he has contributed significantly to various causes, making a positive impact on communities around the world.


Beyond his remarkable business ventures, Gene Haas boasts several achievements that highlight his prowess and influence within the industry. His dedication and contributions to both NASCAR and Formula One racing have earned him recognition and respect from his peers.

Gene Haas’s journey hasn’t been without its share of challenges. In 2006, he faced legal issues and was arrested by the IRS for filing false tax returns, conspiracy, and witness intimidation. However, Haas overcame this setback and emerged stronger than ever.

As we delve into the life and accomplishments of Gene Haas, it becomes clear that his incredible success is a product of his determination, passion, and unwavering commitment to excellence. With a net worth of $250 million dollars, he stands as an inspiration to aspiring entrepreneurs around the world.

Gene Haas’s story serves as a reminder that with relentless ambition and calculated risks, anyone can turn their dreams into reality. From humble beginnings to building an empire, Gene Haas is a true icon who continues to leave an indelible mark on the business and motorsports worlds.

Disclaimer: The above context is based on the given information. Any additional details not covered in the provided text are solely contribution of the AI language model.

Gene Haas Famous Network

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