Mark Shoen is an American businessperson who took up his family business and became the Vice-President of the equipment and storage rental company, U-Haul. His father started this company. He is also the largest shareholder in its parent company AMERCO. Mark Shoen is no longer involved full-time in the company U-Haul, but he retains control of the same in the form of shares.
He owns 19% of the company. AMERCO was founded in 1945 by his parents in Leonard Samuel and Anna Mary Shoen. He is presently 64 years of age. Mark Shoen is ranked at number 119 on the Forbes 400 (2015) list. In 2014, his name stood at number 122 on the same list.
Shoen is the largest shareholder in AMERCO, the holding company of U-Haul. The latter is the biggest moving and storage company in North America. As of January 2015, Shoen has a net worth of $1.4 million. The company U-Haul weathered the post-war Baby Boom and came out a winner. However, in the 1970s, it ran into trouble amid the fuel crisis. In 1986, Mark and his brothers Joe and James captured the company from their father, as they did not agree with the way the company was being run.
This sparked off a number of lawsuits and infighting among the 12 children of Leonard Shoen. Beginning in 1990, Mark Shoen served as President of U-Haul for 16 years. On the way to becoming the President, he had to endure a number of social setbacks like the suicide of his father and the murder of his sister-in-law. He had to fight a prolonged court battle in order to wrest control of the company from his family.
What is Mark V. Shoen's net worth?
The estimated net worth of Mark V. Shoen is at least $34.60 million as of February 26th, 2025. Mr. Shoen owns 654,711 shares of U-Haul stock worth more than $34,604,095 as of December 5th. This net worth approximation does not reflect any other investments that Mr. Shoen may own. Learn More about Mark V. Shoen's net worth.
How do I contact Mark V. Shoen?
Has Mark V. Shoen been buying or selling shares of U-Haul?
Mark V. Shoen has not been actively trading shares of U-Haul in the last ninety days. Most recently, Mark V. Shoen sold 12,500 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $65.03, for a transaction totalling $812,875.00. Following the completion of the sale, the insider now directly owns 654,711 shares of the company's stock, valued at $42,575,856.33. Learn More on Mark V. Shoen's trading history.
Who are U-Haul's active insiders?
Are insiders buying or selling shares of U-Haul?
During the last twelve months, insiders at the transportation company sold shares 3 times. They sold a total of 28,000 shares worth more than $1,837,245.00. The most recent insider tranaction occured on February, 26th when Major Shareholder Mark V Shoen sold 12,500 shares worth more than $812,875.00. Insiders at U-Haul own 43.5% of the company.
Learn More about insider trades at U-Haul. Information on this page was last updated on 2/26/2025.
