As of early-2017, sources estimate a net worth that was at $50 million, mostly earned through success in the automotive industry. She also said she had urged her son to move on from blaming his parents. By the time it hit the market, there wasnt a demand and the company was left with a large amount of inventory and debt. The son of immigrant factory workers, John Zachary DeLorean was born on January 6, 1925, and grew up in a primarily working-class neighborhood on the east side of Detroit. John DeLorean Net Worth is $50 Million . [2] She was 14 years old when her family moved to Los Angeles, California, where her beauty landed her a contract with Nina Blanchard's modeling agency. "It's got cocaine, hot chicks, sports cars, bombed-out . Framing John DeLorean: $145.6K: . She had a strong friendship with Cristina DeLorean (the third wife of carmaker John DeLorean), Judy Bushkin, and other celebrities. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. His wife is Cristina Ferrare (8 May1973 1985)( divorced)( 2 children), Kelly Harmon (31 May1969 3 June1972)( divorced)( 1 child), Elizabeth Higgins (3 September1954 1969)( divorced), Sally Baldwin (? #skenav ul ul li a:hover{background-color: #759e49;color:#fff;} In order to save his collapsing empire, DeLorean turned to selling drugs, and in October 1982 was arrested and charged with conspiracy to obtain and distribute $24 million worth of cocaine. However, many other executives didnt like that possibility, and the continued clash led to him resigning the following year. When DeLorean was arrested for possiblecocaine trafficking in 1982, Zachary was about 12 years old and struggled greatly with the aftermath. John DeLorean was born in Detroit, in January 6, 1925. However, World War II intervened: Drafted in 1943, DeLorean spent three years in the Army. @media only screen and (max-width : 1025px) { Cristina Ferrare, famous for being the co-host of the show, "Home and Family" is a mother of three beautiful women, Kathryn, Alexandra, and Arianna, who all resemble her. However, although he was now the vice president of car and truck production for the entire GM line, DeLorean announced his resignation in April of 1973, citing disagreement over the direction the company was taking. John DeLorean keeps his personal and love life private. John DeLorean is best known for producing the DeLorean DMC-12 sports car that was used in the "Back to the Future" trilogy. A motorcade of DeLorean DMC-12 led the procession. After marrying his third wife, Cristina Ferrare, the couple had two children, Zachary and Kathryn. Read Full Summary. John DeLoreans income source is mostly from being a successful Writer. Submit a correction suggestion and help us fix it! ::selection {background: #759e49;color:#fff;} He also briefly attended the Detroit College of Law but did not complete it and instead went to the Chrysler Institute, completing a masters degree in Automotive Engineering. form.wpcf7-form input[type="date"]:focus,form.wpcf7-form input[type="file"]:focus,form.wpcf7-form textarea:focus{border-color:#759e49;} Full body measurements, dress & shoe size will be updated soon. While you might assume that DeLorean would have amassed a fortune being the skilled engineer that he was, youll be surprised to learn that at the time of his passing, his net worth didnt quite hit $1 million. .social li a:hover{background: #759e49;} .footer-seperator{background-color: rgba(0,0,0,.2);} In 2006 US Patent and Trademark Office documents were uncovered showing a patent # 5,359,941 filed by John DeLorean on November 1, 1994 for a raised monorail transport. John DeLorean net worth: John DeLorean was an American engineer and businessman who had a net worth of $50o thousand at the time of his death. !function(e,a,t){var n,r,o,i=a.createElement("canvas"),p=i.getContext&&i.getContext("2d");function s(e,t){var a=String.fromCharCode;p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,e),0,0);e=i.toDataURL();return p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,t),0,0),e===i.toDataURL()}function c(e){var t=a.createElement("script");t.src=e,t.defer=t.type="text/javascript",a.getElementsByTagName("head")[0].appendChild(t)}for(o=Array("flag","emoji"),t.supports={everything:!0,everythingExceptFlag:!0},r=0;r a, DeLorean received a February 1969 promotion to head the Chevrolet Motor Division - he ended up streamlining the production line by delaying the release of the second generation Camaro (introduced April 1970) and a moratorium on product lifecycle management (later used with mass market automobiles where the automobile product marketed is restyled, rebodied, and/or facelifted every few years) with the Corvette and Nova (the Nova (X-body) received a midcycle refresh for the 1973 model year with a hatchback bodystyle - DeLorean proposed this for the Pontiac GTO prior to 1969 where its executives vetoed the proposal). This resume has helped her to a net worth believed to be around $3.5 million. While there, his academic record and musical talents garnered him a scholarship at Lawrence Institute of Technology, a college that had been attended by many top engineers in the automobile industry. He was an executive and engineer, best known for his work at General Motors. border-radius: 4px; He's best known for designing the DeLorean DMC-12 sports car which was featured in the film "Back to the Future". He had earlier adopted a son Zachary while single, and she also adopted him. After serving for three years in the Army, he was honorably discharged, and returned to Detroit, where he worked for the Public Lighting Commission and completed his degree at Lawrence. } Drug Arrest and Legal Troubles: In 1982, when his company was insolvent, DeLorean was charged with trafficking cocaine after FBI informant James Hoffman caught him in a sting operation. DeLoreans dream of creating his own company finally became a reality when the British Labour Government of James Callaghan came up with nearly 100 million pounds in financing to build a factory in Northern Ireland to produce a DeLorean-designed futuristic sports-car, which would be known as The De Lorean. john zachary delorean (january 6, 1925 - march 19, 2005) was an american engineer and executive in the u.s. automobile industry, most notably with general motors, and founder of the delorean motor company.he was best known for developing the pontiac gto muscle car, the pontiac firebird, pontiac grand prix, chevrolet vega, and the delorean dmc-12 The DeLorean DMC-12 - Back to the Founder. (a.addEventListener("DOMContentLoaded",n,!1),e.addEventListener("load",n,!1)):(e.attachEvent("onload",n),a.attachEvent("onreadystatechange",function(){"complete"===a.readyState&&t.readyCallback()})),(n=t.source||{}).concatemoji?c(n.concatemoji):n.wpemoji&&n.twemoji&&(c(n.twemoji),c(n.wpemoji)))}(window,document,window._wpemojiSettings); Net Worth: $50 Million. .clients-items li a:hover{border-bottom-color:#759e49;} John DeLorean was born in Detroit, in January 6, 1925. She is also considered to be earning an . After Delorean lost his . A motorcade of DeLorean DMC-12 led the procession. Although Chevrolet was experiencing organizational and financial troubles when he was appointed, DeLorean helped the brand achieve record sales by 1971. Apple's Senior VP Software, How Rich Is John Kerry? display: inline !important; Facts You Didnt Know About Street Outlaws. Volume 7, 2003-2005, pages 139-142. Ferrare has an estimated net worth of about $20 million at present. We recommend you to check the complete list of Famous People born on 6 January. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. By 1982, DeLorean Motor Company had filed for bankruptcy and later sold its name to a Texas-based company. border: none; (In 1979, when he was on the verge of launching De Lorean Motor Co. , he published an expose of his time at the company, On a Clear Day, You Can See General Motors. At Lawrence, he excelled in the study of industrial engineering and was elected to the schools honor society. Ferrare, that same year, married entertainment industry executive Tony Thomopoulos, whom she has been married to for 22 years and has been the stepfather to her two children by DeLorean. The car company that bore his name went bankrupt. Posted at 19:58h in news of delaware county police briefs by piedmont island washington weddings. John DeLorean is a member of Entrepreneur Does John DeLorean Dead or Alive? line-height: 1.4; As a youth, DeLorean attended public grade schools in Detroit, and then enrolled at Cass Technical High School. A media celebrity since the 1960s, DeLorean had long been moving in show business circles, and met Ferrare at a charity event. Age, Bio, Height, Salary in 2022. He grew up during the Great Depression, but both his . DeLorean found the Cass experience exhilarating, and he excelled at his studies. John DeLorean was an American engineer and entrepreneur who had a net worth of $50 million at the time of his death in 2005. John attended Cass Technical High School, and would pursue an electrical curriculum there. form.wpcf7-form input[type="number"]:focus,form.wpcf7-form input[type="range"]:focus, john zachary delorean (january 6, 1925 - march 19, 2005) was an american engineer and executive in the u.s. automobile industry, most notably with general motors, and founder of the delorean motor company.he was best known for developing the pontiac gto muscle car, the pontiac firebird, pontiac grand prix, chevrolet vega, and the delorean dmc-12 John DeLorean was born in Detroit, in January 6, 1925. Volume 7, 2003-2005, pages 139-142. height: 1em !important; Posted by David May 26, 2022. For his personal life, it is known that DeLorean was married four times, firstly to Elizabeth Higgins from 1954 to 1969, then to Kelly Harmon from 1969 to 72. 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