Mark V.  Shoen net worth and biography

Mark Shoen Biography and Net Worth

Major Shareholder of U-Haul
Mark Shoen is an American businessperson who took up his family business and became the Vice-President of the equipment and storage rental company, U-Haul. His father started this company. He is also the largest shareholder in its parent company AMERCO. Mark Shoen is no longer involved full-time in the company U-Haul, but he retains control of the same in the form of shares.

He owns 19% of the company. AMERCO was founded in 1945 by his parents in Leonard Samuel and Anna Mary Shoen. He is presently 64 years of age. Mark Shoen is ranked at number 119 on the Forbes 400 (2015) list. In 2014, his name stood at number 122 on the same list.

Shoen is the largest shareholder in AMERCO, the holding company of U-Haul. The latter is the biggest moving and storage company in North America. As of January 2015, Shoen has a net worth of $1.4 million. The company U-Haul weathered the post-war Baby Boom and came out a winner. However, in the 1970s, it ran into trouble amid the fuel crisis. In 1986, Mark and his brothers Joe and James captured the company from their father, as they did not agree with the way the company was being run.

This sparked off a number of lawsuits and infighting among the 12 children of Leonard Shoen. Beginning in 1990, Mark Shoen served as President of U-Haul for 16 years. On the way to becoming the President, he had to endure a number of social setbacks like the suicide of his father and the murder of his sister-in-law. He had to fight a prolonged court battle in order to wrest control of the company from his family.

What is Mark V. Shoen's net worth?

The estimated net worth of Mark V. Shoen is at least $13.77 million as of November 16th, 2023. Mr. Shoen owns 192,863 shares of U-Haul stock worth more than $13,774,275 as of December 18th. This net worth approximation does not reflect any other investments that Mr. Shoen may own. Learn More about Mark V. Shoen's net worth.

How do I contact Mark V. Shoen?

The corporate mailing address for Mr. Shoen and other U-Haul executives is 5555 KIETZKE LANE SUITE 100, RENO NV, 89511. U-Haul can also be reached via phone at (775) 688-6300 and via email at [email protected]. Learn More on Mark V. Shoen's contact information.

Has Mark V. Shoen been buying or selling shares of U-Haul?

Mark V. Shoen has not been actively trading shares of U-Haul within the last three months. Most recently, on Thursday, November 16th, Mark V. Shoen bought 132,500 shares of U-Haul stock. The stock was acquired at an average cost of $52.43 per share, with a total value of $6,946,975.00. Following the completion of the transaction, the insider now directly owns 192,863 shares of the company's stock, valued at $10,111,807.09. Learn More on Mark V. Shoen's trading history.

Who are U-Haul's active insiders?

U-Haul's insider roster includes John Brogan (Director), Laurence DeRespino (General Counsel), James Grogan (Insider), Carrie Martz (Insider), Karl Schmidt (Insider), Edward Shoen (Chairman), and Mark Shoen (Major Shareholder). Learn More on U-Haul's active insiders.

Are insiders buying or selling shares of U-Haul?

During the last twelve months, insiders at the transportation company sold shares 1 times. They sold a total of 3,000 shares worth more than $192,960.00. The most recent insider tranaction occured on February, 22nd when Director John P Brogan sold 3,000 shares worth more than $192,960.00. Insiders at U-Haul own 50.1% of the company. Learn More about insider trades at U-Haul.

Information on this page was last updated on 2/22/2024.

Mark V. Shoen Insider Trading History at U-Haul

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
11/16/2023Buy132,500$52.43$6,946,975.00192,863View SEC Filing Icon  
3/23/2023Buy24,900$56.41$1,404,609.0024,900View SEC Filing Icon  
11/29/2022Buy130,000$60.83$7,907,900.001,054,000View SEC Filing Icon  
11/18/2022Buy4,150$55.82$231,653.00603,150View SEC Filing Icon  
11/16/2022Buy324,000$53.67$17,389,080.00324,000View SEC Filing Icon  
12/18/2020Buy45$449.22$20,214.9017,416View SEC Filing Icon  
2/24/2020Buy5,420$343.46$1,861,553.20
2/11/2020Buy3,000$343.73$1,031,190.007,562,884View SEC Filing Icon  
See Full Table

Mark V. Shoen Buying and Selling Activity at U-Haul

This chart shows Mark V Shoen's buying and selling at U-Haul by year and by quarter.

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U-Haul Company Overview

U-Haul logo
U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. It also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, flat screen television, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies. This segment rents its products and services through a network of approximately 2,300 company operated retail moving stores and 21,000 independent U-Haul dealers. It also has a rental fleet of approximately 188,700 trucks, 139,400 trailers, and 43,700 towing devices; and 1,962 self-storage locations with approximately 1,004,000 rentable storage units. The company's Property and Casualty Insurance segment offers loss adjusting and claims handling services. It also provides moving and storage protection packages, such as Safemove and Safetow packages, which offer moving and towing customers with a damage waiver, cargo protection, and medical and life insurance coverage; Safestor that protects storage customers from loss on their goods in storage; Safestor Mobile, which protects customers stored belongings; and Safemove Plus, which provides rental customers with a layer of primary liability protection. Its Life Insurance segment provides life and health insurance products primarily to the senior market through the direct writing and reinsuring of life insurance, Medicare supplement, and annuity policies. The company was formerly known as AMERCO. The company was founded in 1945 and is based in Reno, Nevada.
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Today's Range

Now: $68.85
Low: $68.76
High: $72.60

50 Day Range

MA: $72.48
Low: $67.56
High: $76.44

2 Week Range

Now: $68.85
Low: $59.70
High: $79.04

Volume

65,372 shs

Average Volume

97,276 shs

Market Capitalization

$13.50 billion

P/E Ratio

29.68

Dividend Yield

N/A

Beta

1.09