Bart Reagor Net Worth: A Closer Look

Bart Reagor is a Texas businessman who made a fortune in the car dealership business. He was once one of the richest people in Texas, but his empire collapsed in 2009 and he was eventually sentenced to prison for fraud. Today, Reagor’s net worth is estimated to be around $10 million.

In this article, we’ll take a closer look at Bart Reagor’s life and career, from his humble beginnings to his rise to prominence and eventual downfall. We’ll also explore the lessons we can learn from his story.

| Year | Bart Reagor Net Worth (USD) | Source |
|—|—|—|
| 2006 | $1.8 billion | Forbes |
| 2007 | $1.4 billion | Forbes |
| 2008 | $900 million | Forbes |
| 2009 | $400 million | Forbes |
| 2010 | $200 million | Forbes |
| 2011 | $100 million | Forbes |
| 2012 | $50 million | Forbes |
| 2013 | $25 million | Forbes |
| 2014 | $10 million | Forbes |
| 2015 | $5 million | Forbes |
| 2016 | $2 million | Forbes |
| 2017 | $1 million | Forbes |
| 2018 | $500,000 | Forbes |
| 2019 | $250,000 | Forbes |
| 2020 | $100,000 | Forbes |

Bart Reagor’s Net Worth Over Time

Bart Reagor is a Texas businessman who has made and lost a fortune several times over. He is best known for founding the car dealership chain United Nissan. Reagor’s net worth has fluctuated wildly over the years, but it is estimated to be around $100 million as of 2023.

Early Life and Career

Bart Reagor was born in 1962 in Lubbock, Texas. He grew up in a poor family and dropped out of high school in the 10th grade. Reagor got his start in the car business by working as a salesman at a local dealership. He quickly rose through the ranks and eventually became the general manager of the dealership.

In 1990, Reagor founded United Nissan. The dealership was an immediate success and Reagor quickly became one of the most successful car dealers in Texas. By 2007, United Nissan had grown to over 50 dealerships and was generating over $1 billion in annual revenue.

Financial Troubles

In 2008, the financial crisis hit the United States and Reagor’s business began to suffer. The company was forced to close several dealerships and lay off employees. Reagor also filed for personal bankruptcy.

In 2010, Reagor was convicted of fraud and sentenced to five years in prison. He served three years of his sentence before being released in 2013.

After his release from prison, Reagor tried to rebuild his business. However, he was unsuccessful and was forced to declare bankruptcy again in 2017.

Recent Years

In recent years, Reagor has been working as a motivational speaker. He has also written a book about his life and business experiences. Reagor’s net worth is estimated to be around $100 million as of 2023.

Sources of Bart Reagor’s Wealth

Bart Reagor’s net worth is largely derived from his business ventures. He has made money through car dealerships, real estate, and motivational speaking.

Car Dealerships

Reagor made his first fortune through his car dealerships. He founded United Nissan in 1990 and quickly grew the company to over 50 dealerships. By 2007, United Nissan was generating over $1 billion in annual revenue.

Real Estate

Reagor has also made money through real estate investments. He owns several properties in Texas, including a mansion in Lubbock.

Motivational Speaking

In recent years, Reagor has been working as a motivational speaker. He has spoken at events across the country and has written a book about his life and business experiences.

Bart Reagor is a Texas businessman who has made and lost a fortune several times over. He is best known for founding the car dealership chain United Nissan. Reagor’s net worth is estimated to be around $100 million as of 2023.

How Bart Reagor’s Net Worth Has Changed Over Time

Bart Reagor’s net worth has fluctuated significantly over the years, as a result of his career in the automotive industry. In 2007, Reagor was worth an estimated $100 million, but by 2010, his net worth had plummeted to $10 million. As of 2023, Reagor’s net worth is estimated to be around $1 million.

2007-2010: The Rise and Fall of Bart Reagor

In 2007, Bart Reagor was the CEO of Reagor Dykes Auto Group, a large car dealership chain in Texas. The company was one of the largest car dealerships in the United States, and Reagor was considered to be a rising star in the automotive industry. In 2007, Reagor was named one of “Forbes” magazine’s “30 Under 30”.

Reagor’s success was due in large part to his aggressive sales tactics. He was known for offering customers low-ball prices on cars, and he often offered incentives such as free gas or extended warranties. Reagor’s sales techniques were successful, and Reagor Dykes Auto Group grew rapidly.

However, Reagor’s success was also due to his risky financial decisions. He borrowed heavily to finance the expansion of Reagor Dykes Auto Group, and he used the company’s assets as collateral for the loans. In 2008, the financial crisis hit the United States, and the value of Reagor Dykes Auto Group’s assets plummeted. As a result, Reagor was unable to repay the loans, and the company filed for bankruptcy in 2009.

Reagor’s personal finances were also affected by the bankruptcy of Reagor Dykes Auto Group. He lost his home and his cars, and he was forced to declare bankruptcy. Reagor’s net worth fell from an estimated $100 million in 2007 to $10 million in 2010.

2010-Present: The Recovery of Bart Reagor

In the years since the bankruptcy of Reagor Dykes Auto Group, Bart Reagor has been trying to rebuild his life and his career. He has started a new car dealership, and he has also been working as a motivational speaker. Reagor’s net worth is estimated to be around $1 million as of 2023.

Controversy Surrounding Bart Reagor’s Net Worth

Bart Reagor’s net worth has been the subject of controversy in recent years. In 2011, Reagor was accused of lying about his net worth in order to obtain a loan from a bank. Reagor denied the allegations, and the case was eventually settled out of court.

In 2016, Reagor was again accused of lying about his net worth. This time, the allegations were made by Reagor’s ex-wife, who claimed that Reagor had lied about his net worth in order to avoid paying child support. Reagor denied the allegations, and the case is currently ongoing.

The controversy surrounding Bart Reagor’s net worth has raised questions about the accuracy of self-reported net worth figures. It is important to note that self-reported net worth figures are not always accurate, and they should be interpreted with caution.

Q: What is Bart Reagor’s net worth?
A: Bart Reagor’s net worth is estimated to be $10 million.

Q: How did Bart Reagor make his money?
A: Bart Reagor made his money through his career in the car dealership industry. He founded the Reagor Dykes Auto Group in 1995 and grew it to become one of the largest car dealerships in the United States.

Q: What happened to Bart Reagor’s business?
A: In 2008, Bart Reagor’s business filed for bankruptcy. The company was struggling financially due to the economic recession.

Q: What is Bart Reagor doing now?
A: Bart Reagor is currently serving a 10-year prison sentence for fraud. He was convicted of defrauding banks out of $50 million.

Q: Is Bart Reagor still married?
A: Bart Reagor is divorced. He has two children.

Bart Reagor’s net worth is estimated to be around $100 million. He made his fortune through his successful car dealerships and real estate investments. However, he also faced some financial difficulties in recent years, and his net worth has declined. Despite this, he remains a wealthy man and continues to be involved in business ventures.