M ark Shoen is an American billionaire and a major shareholder in Amerco, the parent company of the ubiquitous do-it-yourself moving and self-storage giant, U-Haul. He is the son of U-Haul's late founders, Leonard Samuel "Sam" Shoen and Anna Mary Carty Shoen, who established the company in 1945. The Shoen family's story is one of both incredible business success and intense internal conflict, marked by bitter lawsuits and disputes over control of the company.
Mark, along with his brother Joe Shoen, who serves as the company's chairman and president, was part of the faction that successfully wrested control of Amerco from their father in the 1980s. While his brother Joe actively runs the business, Mark has served as the president of U-Haul International and is the company's largest individual shareholder. His immense wealth is derived from his substantial ownership stake in the publicly traded company, which has become a dominant force in the self-moving and self-storage industries across North America.
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Mark J. Shoen is an American businessman, the billionaire Co-owner and Executive of AMERCO (NASDAQ: UHAL), the parent company of U-Haul International, the dominant self-moving and self-storage company in the U.S. His wealth is generational, tied to the empire founded by his parents, L.S. 'Sam' Shoen and Anna Mary Shoen, in 1945.
Shoen graduated from Cornell University. His career is defined by generational stewardship and executive leadership in the logistics and real estate sectors. His structural role is tied to managing the family's assets, focusing on operational efficiency and long-term hold of the massive fleet and real estate portfolio.
Mark Shoen's strategic leadership involves managing the massive U-Haul empire. His structural contribution is tied to the successful generational transition and management of the company's vast real estate and vehicle fleet (over 300,000 trucks and trailers). His career is significantly marked by the decades of legal battles among his large family over the control and ownership of the private and public entities.
He served as a Senior Executive within the AMERCO holding company. His wealth is secured by the colossal, long-term, stable profitability of the U.S. logistics and self-storage real estate sector.
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Graduates from Cornell University (Academic Achievement).
Becomes deeply involved in the AMERCO executive structure (Executive Ascent).
His brother, Joe Shoen, assumes the role of Chairman and CEO (Executive Leadership).
Continues as a Co-owner and Executive, navigating the ongoing family feuds and legal battles (Executive Oversight).
Mark Shoen's wealth is concentrated in his family's controlling stake and executive leadership of the publicly traded logistics giant, AMERCO (NASDAQ: UHAL).
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Mark Shoen's social impact is structural, stemming from U-Haul's role in providing essential logistics and moving services to millions of Americans. The company is a massive employer and foundational provider of transport and storage infrastructure. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful generational transition and stable private control of a critical national logistics and real estate asset.
Mark Shoen maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a leader in the global logistics and real estate sector.
Residing in Phoenix, Arizona, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to logistics management, investment strategy, and corporate governance.
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-33.52% | -$1.46B
-0.03% | -$2.05M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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