Ernie Boch Jr. Net Worth: A Glimpse into the Life of a Billionaire Businessman

Information
Net Worth	$500 Million
Date of Birth	Feb 15, 1958
Place of Birth	United States
Profession	Businessman, CEO of Subaru of New England
Height	5 ft 8 in(179 cm)
Gender	Male
Partner	Kristen Boch
Children	1
Nationality	United States of America

Ernie Boch Jr., the American billionaire businessman, is not just renowned for his impressive net worth of $500 million but also for his multifaceted career and passion for music. In this article, we will delve into Ernie Boch Jr.’s life, career achievements, family, sources of income, net worth, lifestyle, and even some controversies that have surrounded him.

Short Bio – Famous For

Ernie Boch Jr. is famous for his role as the former CEO of Boch Enterprises, a billion-dollar business primarily composed of automobile dealerships in Norwood, Massachusetts. Born on February 15, 1958, he is currently 65 years old.

Career & Achievement

Ernie Boch Jr.’s journey is a remarkable blend of heritage and passion. Born in 1958, he inherited his family’s automotive empire rooted in a Nash Motors franchise purchased by his grandfather, Andrew Boch, in 1945 in Norwood, Massachusetts.

The empire, which originally began with a Nash Motors franchise, grew over the years to encompass several prominent manufacturers, including Dodge, Toyota, and Honda, by the mid-1970s. One particularly beneficial business move was the acquisition of Subaru’s New England distributorship.

Ernie Boch Jr. played a key role in reshaping and elevating the family business, ultimately ascending to the position of CEO, president, and spokesman. His father’s visionary move to pioneer the “Automile” concept on U.S. Route 1 in Norwood, where rival car dealerships united to create a central automotive shopping hub, stands as a significant milestone in the family legacy.

Beyond the automotive realm, Ernie Boch Jr. has a strong affinity for music. In 2005, he established “Music Drives Us,” a regional initiative committed to nurturing the musical arts in New England. This multifaceted endeavor encompasses the preservation of music, fostering music education, and promoting music awareness. It has left an indelible mark on the New England community by harnessing the transformative power of music.

Family

Ernie Boch Jr. is a family man. He is married to Kristen Boch, and they have two children together, Alex and Kelsey Boch. He also has a daughter from his current relationship with Enza Sambataro.

Sources of Income

Ernie Boch Jr.’s primary source of income is derived from his family’s automobile dealership business. Boch Enterprises, valued at $1 billion, is a significant player in the automotive industry, with a cluster of competing dealerships collectively known as the “Automile.” Moreover, his musical career and television appearances have contributed to his income.

Net Worth Figure and Rankings

As of now, Ernie Boch Jr. boasts a staggering net worth of $500 million. While he may not be the wealthiest billionaire, his influence in the business and entertainment world is undeniable.

Lifestyle and Expenses

Ernie Boch Jr.’s lifestyle mirrors his financial success. He has built one of the country’s most prolific car collections. However, it’s important to note that this remarkable collection is a privilege that few enthusiasts have the opportunity to witness. As of now, he has over 60 cars including some very rare pieces.

Ernie Boch Jr.’s extravagant lifestyle extends beyond his impressive car collection. He resides in a lavish compound of 30,000 square feet in Norwood, Massachusetts, which he meticulously expanded over the years by purchasing neighboring properties. His opulent lifestyle includes rare sports cars, an extensive guitar collection with some 80 pieces, a private jet, and even a custom stretch limousine.

Controversies/Financial Challenges

Ernie Boch Jr. has not been without his share of controversies. His support for Donald Trump during the 2016 presidential campaign drew attention and criticism. He was also involved in a controversy surrounding a blogger who called for a boycott of companies advertising during a political talk radio show. Boch offered a $2,000 bounty to reveal the blogger’s identity, sparking a public outcry.

Conclusion

Ernie Boch Jr.’s journey from a musician touring with bands to a billionaire businessman at the helm of a billion-dollar automotive empire is truly remarkable. His dedication to music, business, and philanthropy has left an indelible mark on both the entertainment and automotive industries. Despite controversies, Ernie Boch Jr. continues to be a prominent figure in the Greater Boston area, with a net worth that reflects his enduring success.

FAQs

How much money is Ernie Boch Jr worth?

Ernie Boch Jr. is worth approximately $500 million, as of the most recent information available. While he is a highly successful businessman and has been associated with a billion-dollar enterprise, his estimated net worth is in the range of $500 million.

How much is the Boch family worth?

As of the most recent information available, the Boch family, through Boch Enterprises, is collectively valued at approximately $1 billion. This valuation is primarily attributed to the family’s significant presence in the automobile dealership business in Massachusetts.

How did Ernie Boch Jr make his money?

Ernie Boch Jr. accumulated his wealth through the family’s automotive empire, Boch Enterprises. He inherited the business from his grandfather and played a vital role in expanding it, primarily in the automobile sales and service sector.

How many cars does Ernie Boch Jr own?

Ernie Boch Jr. is known to own an impressive collection of cars, reportedly totaling around 60 vehicles. His passion for automobiles is evident in his extensive collection, which includes a wide range of makes and models. This collection showcases his deep affinity for the automotive world and his penchant for collecting various vehicles.

Featured Image Credits: Scott Eisen/Getty Images