Billionaire Profile
Gail Miller & family
Global Rank
#846

Image: Public domain | via Wikimedia Commons

Gail Miller & family

CEO, Larry H. Miller Company
US
Real-Time Net Worth
$4.8B
As of December 2025
Age
82
Source
Car dealerships
Industry
automotive
Citizenship
US

Biography

Gail Miller, a prominent American businesswoman, is the head of the Larry H. Miller Company, and a leading figure in the automotive industry. Her net worth is estimated at $4.8 billion. Miller's career began with car dealerships, which she and her late husband, Larry H. Miller, built into a major enterprise. She is renowned for her business acumen and strategic decisions, including the sale of the family's auto dealership group. Miller's achievements extend beyond business; she's a well-known philanthropist, focusing on education, healthcare, and community welfare. She is also the chair of the Larry H. & Gail Miller Family Foundation. She is recognized for her leadership and commitment to community service.

Wealth Over Time

In-Depth Profile

Early Life

Karen Gail Miller, born on October 14, 1943, in Salt Lake City, Utah, experienced financial hardships during her childhood. Her father was a shoemaker, and her mother a homemaker. Despite these challenges, she developed a strong work ethic and community responsibility. Miller dropped out of the University of Utah to care for her family.

Rise to Success

In 1979, Gail and her husband, Larry H. Miller, purchased their first Toyota dealership in Murray, Utah. Through strategic business practices, they expanded their enterprise into the eighth-largest auto dealer group in America. In 1986, they acquired the Utah Jazz NBA team.

Key Business Strategies

After her husband's death in 2009, Miller assumed control of the Larry H. Miller Company, steering it through growth and diversification. Key decisions included selling the auto dealership group to Asbury Automotive in 2021 for $3.2 billion and selling a majority stake in the Utah Jazz in 2020 for $1.66 billion while retaining a minority stake. She currently focuses on the company's culture, growth, and diversification of its operations.

Philanthropy

Gail Miller is actively involved in philanthropy through the Larry H. & Gail Miller Family Foundation. The foundation supports health and medicine, shelter and food security, education and skill development, jobs and economic self-reliance, and cultural and spiritual enrichment. Donations include $3.5 million to the Huntsman Mental Health Foundation (2023), $1 million to the Museum of Utah (2025), and a $22 million donation to Salt Lake City's Ballpark NEXT fund (2024).

Career Milestones

1979

Purchased first Toyota dealership

Acquired a Toyota dealership in Murray, Utah, marking the beginning of the Larry H. Miller Group.

1986

Acquired the Utah Jazz

Purchased the Utah Jazz NBA team, solidifying their impact on Utah's culture.

2009

Assumed leadership of the Larry H. Miller Company

Took over the company after her husband's death, continuing to grow and diversify the business.

2020

Sold majority stake in Utah Jazz

Sold a majority stake in the Utah Jazz for $1.66 billion.

2021

Sold the auto dealership group

Sold the auto dealership group to Asbury Automotive for $3.2 billion.

Philanthropy & Social Impact

Healthcare

Huntsman Mental Health Foundation

$3.5M

Donation to the Huntsman Mental Health Foundation.

Culture

Museum of Utah

$1M

Donation to the Museum of Utah.

Community Development

Ballpark NEXT fund

$22M

Donation to Salt Lake City's Ballpark NEXT fund.

Food Security

Utah Food Bank

$0.3M

Donation to the Utah Food Bank.

Business Philosophy & Leadership

Notable Quotes

"Coming up in a poor family, I learned an awful lot of things about living life that I would never have learned otherwise - things like how to create something out of nothing."

Leadership Principles

Community Involvement

Actively participating in business, civic, and educational endeavors.

Philanthropy

Supporting programs that enrich lives and communities.

Strategic Growth

Focusing on the growth and diversity of operations.