Nick Saban, Joe Agresti Expand Billion-Dollar Auto Empire
Nick Saban, Joe Agresti Expand Billion-Dollar Auto Empire

Nick Saban, Joe Agresti Expand Billion-Dollar Auto Empire

News summary

Nick Saban, the legendary former Alabama football coach, is on track to become the first billionaire in college football history, thanks largely to his burgeoning business empire with car dealership mogul Joe Agresti. Together, they co-own Dream Motor Group, which operates nine luxury auto dealerships across five states and generates nearly $2 billion in annual revenue, selling over 20,000 Mercedes-Benz vehicles each year. Their partnership began in 2014 and has since expanded rapidly, including a $730 million acquisition of two Miami dealerships in 2023. Agresti, now a billionaire himself, handles day-to-day operations while Saban is a full partner and actively involved in strategy and expansion, with the duo even considering investments in professional sports teams and international automotive ventures. Saban cites the partnership as one of his best decisions, and industry insiders believe his business acumen could soon make him the wealthiest figure in college football. Their story illustrates the power of strategic alliances and leveraging personal brands beyond traditional career paths.

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