Billionaire Profile
Jimmy Haslam
Global Rank
#375

Image: Public domain | via Wikimedia Commons

Jimmy Haslam

CEO, Pilot Company
US
Real-Time Net Worth
$8.7B
As of December 2025
Age
71
Source
Gas stations, retail
Industry
Other Commercial Services
Citizenship
US

Biography

Jimmy Haslam, born in Knoxville, Tennessee, is an American businessman and sports executive, with a net worth of $8.7 billion. His primary source of wealth stems from his involvement in the gas station and retail industries, particularly through Pilot Flying J. Haslam began his career at Pilot Corporation in 1976. He has held several key positions including Vice President of Sales, Development, and Operations, and later became CEO in 1996 and chairman of the board for Pilot Company from 2020-2023. Beyond his business acumen, Haslam is also involved in sports ownership, as he co-owns the Cleveland Browns (NFL), the Columbus Crew (MLS), and a stake in the Milwaukee Bucks (NBA).

Wealth Over Time

In-Depth Profile

Early Life

James Arthur Haslam III was born on March 9, 1954, in Knoxville, Tennessee. He is the son of Jim Haslam, who founded Pilot Oil Corporation in 1958. Jimmy attended the University of Tennessee, where he was a roommate of Bob Corker, later a U.S. Senator.

Rise to Success

Jimmy Haslam began his career at Pilot Corporation in 1976. He rose through the ranks, becoming Vice President of Sales, Development, and Operations in 1980. In 1996, he was named President and Chief Executive Officer. Under his leadership, Pilot expanded significantly. Haslam played a pivotal role in the 2001 partnership with Marathon Ashland Petroleum, forming Pilot Travel Centers LLC. He also led the merger with Flying J in 2010, creating Pilot Flying J, which became the largest operator of travel centers in North America. In 2024, Pilot was sold to Berkshire Hathaway.

Key Business Strategies

Haslam's key business strategies included strategic partnerships and acquisitions. He diversified operations into fuel supply, logistics, and convenience retail. He also focused on expanding Pilot's travel center network nationwide, introducing fast-food restaurants in 1988. In 2015, the Haslam family acquired all of CVC Capital Partners' shares in Pilot Travel Centers LLC.

Philanthropy

Jimmy and his wife, Dee, are committed to philanthropy, focusing on education, youth sports, health, human services, and creating equal access for upward mobility. They founded the Haslam Scholars Program at the University of Tennessee. The Haslams have donated to numerous causes, including a $35 million donation to Knoxville's Lakeshore Park. They have also supported the construction of sports medicine facilities.

Career Milestones

1976

Began career at Pilot Corporation

Joined the family business after graduating from the University of Tennessee.

1980

Vice President of Sales, Development, and Operations

Took on a leadership role in the company.

1996

President and CEO of Pilot Corporation

Assumed the top leadership position, driving significant growth.

2001

Pilot Travel Centers LLC formed

Partnered with Marathon Ashland Petroleum LLC.

2010

Pilot Flying J created

Merged Pilot with Flying J.

2012

Purchased Cleveland Browns

Became the majority owner of the NFL team.

2019

Purchased Columbus Crew

Acquired Major League Soccer club.

2020

Columbus Crew won MLS Cup

Won their first major trophy as a sports team owner.

2023

Purchased a stake in the Milwaukee Bucks

Became co-owner of the NBA team.

Philanthropy & Social Impact

Education

Haslam Scholars Program

Undisclosed

Co-founded the program for premier honor students at the University of Tennessee.

Community Development

Lakeshore Park Donation

$35M

Donation to Knoxville's Lakeshore Park to improve baseball and soccer fields, and other amenities.

Health and Sports

University Hospitals Haslam Sports Innovation Center

Undisclosed

Established the center to invest in sports medicine, developing new technologies.

Community Development

Haslam 3 Foundation donations

Undisclosed

Provides funding to community organizations in Ohio and Tennessee.

Education

The Stay in the Game! Attendance Network

$4.5M

Donated to education-based programs that give school-aged children more access to three arts organizations in Cleveland: Playhouse Square, the Rock and Roll Hall of Fame and the Cleveland Orchestra.

Controversies & Challenges

2013

Pilot Flying J Rebate Fraud

Pilot Flying J admitted to a fuel rebate fraud scheme. Although not directly charged, Haslam agreed to an $85 million settlement to defrauded customers and a $92 million penalty to the government.