Billionaire Profile
Jerry Moyes & family
Global Rank
#1920

Image: Joseph P. Goldberg; William T. Moye | Public domain | via Wikimedia Commons

Jerry Moyes & family

CEO, Transportation
UNITED STATES
Real-Time Net Worth
$2.146B
Estimated based on Transportation stock value as of March 6, 2026
-1.2% (24h)
Age
82
Source
Transportation
Industry
Logistics
Citizenship
UNITED STATES

Biography

Jerry Moyes is an American businessman and self-made billionaire best known for founding Swift Transportation in 1966 with his father. He built Swift into one of the largest trucking companies in the United States, growing it to nearly 20,000 trucks and generating approximately $4 billion in annual revenue by the time of his retirement in 2016. Moyes also owned the Phoenix Coyotes NHL team. As of April 1, 2025, Forbes estimated his net worth to be $1.7 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Jerry Moyes was born in January 1944. He graduated from Weber State College, where he studied business with a minor in accounting. His father, Carl Moyes, was a truck driver, which inspired Jerry to enter the trucking industry. In 1966, he founded Swift Transportation with his father, Carl.

Rise to Success

Swift Transportation began with a single truck, hauling steel and cotton. Under Jerry Moyes' leadership, the company expanded significantly. Swift went public in 1990, marking a key milestone with approximately $125 million in revenue. By 2016, Swift had grown to approximately $4 billion in annual revenue with nearly 20,000 trucks. The company merged with Knight Transportation in 2017 to form Knight-Swift Transportation.

Key Business Strategies

Moyes focused on fleet expansion and acquisitions, growing Swift through strategic purchases like Cooper Motor Lines. He emphasized disciplined cost management and customer service. His business model focused on regional freight, recognizing the importance of adaptability in the trucking sector.

Philanthropy

Jerry and his wife, Vickie, have supported causes in their community. They have invested in pediatric care in Phoenix's West Valley.

Career Milestones

1966

Founded Swift Transportation

Jerry Moyes and his father, Carl, founded Swift Transportation with one truck, moving imported steel and cotton.

1990

Swift Transportation went Public

Swift Transportation went public on the U.S. stock market.

2017

Swift Transportation merged with Knight Transportation

The merge created Knight-Swift Transportation.

2016

Retired as Swift CEO

After 50 years with the company, Moyes retired as CEO.

Philanthropy & Social Impact

Healthcare

Pediatric Care in West Valley

Undisclosed

Investing in pediatric care in Phoenix's West Valley.

Controversies & Challenges

2005

Insider Trading Allegations

Moyes resigned as CEO due to an insider-trading case; he settled with the SEC for $1.25 million without admitting wrongdoing.