[25][26], Moroun married his wife, Nora, when he was 44 years old. Manuel "Matty" Moroun (June 5, 1927 – July 12, 2020) was an American billionaire businessman, and the owner of CenTra, Inc, which controls the Ambassador Bridge, the international crossing connecting Detroit, Michigan, and Windsor, Ontario, the only privately owned border crossing between the United States and Canada. Wayne County Circuit Judge Prentis Edwards ruled in February 2010 that Moroun and the chief deputy of the Detroit International Bridge Co., Dan Stamper, were in violation of the contract and ordered them to come into compliance. [5], The bridge is now estimated to be worth between $1.5 and 3 billion. [7] Moroun also had a controlling stake in Universal Truckload Services Inc., which is a holding company for several over-the-road truck lines and logistics companies (Universal Am-Can Ltd., Mason Dixon Lines, Economy Transport, Cavalry Logistics, Louisiana Transportation, Inc., etc.) But the amount of money that they made a couple years ago will probably surprise you. Montgomery Moran Net Worth $120 Million. Monty Moran graduated in 1988 with a Bachelor of Arts degree in communications from the University of Colorado, and subsequently with a J.D., cum laude, from Pepperdine University School of Law in 1993. He grew up on the city's east side with three sisters. According to Fast Company, the two CEOs brought home $57 million in compensation in 2014. Moroun bought the bridge from the Bower family in 1979. [13], "Crain's Detroit Business : Subscription Center", "The Man Behind the Bridge – Matty Moroun Talks about Detroit, Business and Being Sentimental", "Transportation & Logistics Solutions | Universal Truckload Services, Inc. | UTSI", "Morouns tidy up before Detroit land vote", "The 400 Richest Americans: #321 Manuel Moroun", "Land Grab: How a bridge baron ruined a neighbourhood", "Manuel 'Matty' Moroun, controversial bridge owner and trucking magnate, dies at 93", "Manuel 'Matty' Moroun, owner of Ambassador Bridge, dead at 93", "Ambassador Bridge owner 'Matty' Moroun dead at 93, report Detroit media", "Mich. billionaire, 84, jailed over bridge dispute", "Billionaire Bridge Owner's Greed Lands Him In Jail", "Billionaire Detroit bridge owner released from jail", "Tax-Free Fuel Sales Are Bonanza for Ambassador Bridge Owners", "The Real Reason Behind The DRIC Boards Announcement", "Matty Moroun sells Detroit train station to Ford", "Ambassador Bridge owner Manuel 'Matty' Moroun dead at age 93", "Ambassador Bridge owner Manuel (Matty) Moroun eyes 'twilight deal' as his son rises", "Moroun Settles Lawsuit Brought by his Sisters", https://en.wikipedia.org/w/index.php?title=Manuel_Moroun&oldid=982594656, University of Detroit Jesuit High School and Academy alumni, Articles with dead external links from January 2016, Infobox person using certain parameters when dead, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 October 2020, at 03:20. Jeff Gordon has a net worth of $200 million, and makes around $30 million every year from salary and endorsements, so he should be just fine. With all of that success, their CEOs, Steve Ells and Monty Moran, are probably raking in a lot of dough. But the amount of money that they made a couple years ago will probably surprise you. During college, Matty regularly commuted between the University of Notre Dame in South Bend, Indiana, and Detroit to help run the family business. This is in contrast to the tolls collected on the Ambassador Bridge which are subject to United States taxes and given to Detroit. When you think of the title 'CEO,' what's the first thing that comes to mind? According to the same article from Fast Company, Ells and Moran made "more than the total pay packages of the CEOs of Apple, McDonald's, Nike, and Goldman Sachs combined. [13] He later recounted how Jimmy Hoffa was one of the customers for whom he'd pumped gas. [23], Moroun owned Michigan Central Station from 1995 until selling it to Ford Motor Company in 2018.

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