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Grizzly Bulls’ Billionaires Index

⬅ # 765 Samuel Yin|# 767 Willy Michel ➡

# 766 Johnelle Hunt 

$4.46B

Real Time Net Worth
as of 11/21/2024
$14.6M (0.33%)

# 766 Johnelle Hunt 

$4.46B

Real Time Net Worth
as of 11/21/2024
$14.6M (0.33%)
OccupationCofounder, J. B. Hunt
Source of WealthTrucking
Age92
ResidenceFayetteville, Arkansas
Marital StatusWidowed
Children2
EducationDrop Out, University of Central Arkansas
Age-Adjusted Net Worth$511.51M
Johnelle Hunt
Johnelle Hunt
United States
Net worth: $4.46B

Self-Made Score 

Breitling Men's Super Avenger II Analog Display Swiss Automatic Silver Watch

Wealth History

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Biography

Overview

Johnelle Terria Hunt is an American billionaire and co-founder of J.B. Hunt Transport Services, a major transportation company.
She became wealthy after starting a rice hull packaging operation in 1961 with her late husband J.B. Hunt, and later launched J.B. Hunt Transport Services in 1961, which grew into one of the largest transportation companies in the US.

Early Life

Born Johnelle Terria DeBusk on January 4, 1932, in Heber Springs, Arkansas.
She dropped out of the University of Central Arkansas.

Career

Co-founded J.B. Hunt Transport Services with her late husband in 1961.
Served on the board until 2007, a year after her husband's passing.
As of November 2020, she had a net worth of US$3.5 billion.

Personal Life

Has two children and resides in Fayetteville, Arkansas.
Her son Bryan Hunt serves on the board of J.B. Hunt Transport Services.

J.B. Hunt Transport Services, Inc.

History
Founded in 1961 by Johnnie Bryan Hunt and Johnelle Hunt in Arkansas.
Became a publicly held company in 1983 and grew into the 3rd largest trucking firm in the US.
In 1989, began partnering with railroads to offer intermodal service.

Operations
Operates primarily semi-trailer trucks and provides transportation services throughout the US, Canada, and Mexico.
Employs over 24,000 people and operates more than 12,000 trucks.
Fleet consists of over 145,000 trailers and containers.

Business Segments
Operates in four business segments: intermodal transport, contract services, logistics, and truckload shipping.
About two-thirds of revenues and profits come from intermodal services.
Introduced dedicated service in 1993.

Philanthropy

Donated $5 million to the J.B. and Johnelle Hunt Family Ozark Highlands Center, which opened in Springdale, Arkansas in December 2020.

Johnelle Hunt's Wealth is Equivalent to:

3,431,871 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

843,519 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

45,562 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Johnelle Hunt?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Johnelle Hunt's net worth of $4.46B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Johnelle Hunt is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Johnelle Hunt, Trucking is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

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Edited by: Lee Bailey