Gene Haas is a shinig star in the business community with a net worth of $250 million. He owns several motorsports businesses and is the founder of the Haas Foundation. He is also famous for inventing the Idexer in 1983. These are some of his primary sources of income.
Quick Facts
| Name | Eugene Francis Haas |
| Full Name | Gene Haas |
| Nick Name | Joanne Haas |
| Material Status | Married |
| Net Worth | $250 Million |
| Date Of Birth | 12 November 1952 |
| Age | 70 Years |
| Height | 5 Feet 6 Inches |
| Weight | 75kg |
| Hair Color | Blue |
| Eye Color | Gray |
| Birth Place | Youngstown, Ohio, United States |
| Currently, Live In | America |
| Profession | American Founder, President, And Sole Stockholder Of Haas Automation, A Cnc Machine Tool Manufacturer |
| Nationality | America |
| Religion | Christian |
| Hometown | Youngstown Ohio |
| Zodiac Sign | Scorpio |
| School/High School | California State University, Northridge |
| Hobbies Up | Motorsports, Golf |
Net worth
According to some authentic resources Gene Haas net worth is estimated at the impressive figure of $250 million. Additionally, Haas Automation’s 2008 sales remained slightly below $1 billion. Haas Automation is one of the largest machine manufacturers in the world, with headquarters in Oxnard, California. Haas also owns Stewart-Haas Racing, which has won multiple NASCAR awards.
Source of Income
Gene’s main source of income is his participation in several businesses. He also earns from multiple sources, including book sales, personal investments, and endorsements or partnerships with relevant brands or companies.
Assets
Car
He owns a Formula One car, a Haas VF-19, and a Ford Mustang GT worth $40,000.
Real Estate Property
He owns several properties in the US and enjoys real estate investment.
Controversy
In 2006, Gene was detained by IRS agents for submitting fake tax returns. He received a two-year prison term and a $75 million reparation order. It deducts a major part of Gene Haas net worth.
Early Life
Eugene Francis Haas was born on November 12, 1952, in Youngstown, Ohio, United States of America. Haas moved to Los Angeles with his family when he was a child. His father worked as an electrical cabinet, and his mother was a teacher at a local school. He studied at California State University, Northridge, earning a Bachelorette of Science degree in Accounting. After working as an accountant several times, he started his machine shop in 1983, ultimately leading to the creation of Haas Automation in 1988.
Gene Haas a career
Gene Haas began an automation company. Haas also worked in a machine shop. He founded Proturn Engineering in California and invented a cost-effective 5C indexer. Gene Haas worked as an accountant for many businesses at the beginning of his career. 
In 1988, he created Haas Automation, which is famous as one of the world’s biggest makers of machine tools. Haas also shares ownership of Stewart-Haas Racing. The company started with three employees. He also sponsors several race teams, including INDYCAR, Formula One, and NASCAR.
Conclusion
Gene Haas’s journey from machine shop founder to the world’s best automation foundation founder is worth exploring. His hard work paid off; today, he has a net worth of $250 million.
