Mark Shoen Net Worth is
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U-Haul is a moving equipment and storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen (L. S. "Sam" Shoen) in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded through franchising with gas stations.


U-Haul is owned by AMERCO, a holding company which also operates Amerco Real Estate, Republic Western Insurance, and Oxford Life Insurance. The Shoen family currently owns about 55% of the publicly traded stock corporation. The company rents trucks, trailers, and other pieces of equipment, but many U-Haul centers and dealerships also provide self storage units, LPG (propane) refueling, hitch and trailer wiring installation, and carpet cleaners, among other services.
Because of the company's ubiquity (there are over 16,000 active dealers across the country) the name is sometimes used as a genericized trademark to refer to the services of any rental company. The livery used on rented vehicles is widely recognized, primarily consisting of white and a thick horizontal orange stripe, in addition to a large state- or province-themed picture, known as SuperGraphics.
In 1945, at the age of 29, Leonard Shoen co-founded U-Haul with his wife, Anna Mary Carty, in the town of Ridgefield, Washington. The company was started with an investment of $5,000. He began building rental trailers and splitting the fees for their use with gas station owners who he franchised as agents. He developed one-way rentals and enlisted investors as partners in each trailer as methods of growth.
By 1955, there were more than 10,000 U-Haul trailers on the road and the brand was nationally known. Distracted to some extent by growing his business, Shoen nevertheless took time for multiple marriages and eventually had a total of 12 children, each of whom he made stockholders. Shoen transferred all but 2% of control to his children when two of them, Edward and Mark launched

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Mark Shoen Latest News

Court upholds ruling in squabble between 2 sons of U-Haul founder

He went on to say that other family members were capable of committing such a crime. That’s when another brother, Mark Shoen, sued Sam Shoen for defamation. Mark Shoen has been part of the initial side of the family that took control of the company from ...
Posted: November 22, 2012, 4:00 pm

Leonard Shoen, 83, Founder Of U-haul

In the mid-1980s, Mr. Shoen gave most of his stock to his children. Several of them, principally Joseph Shoen and Mark Shoen, ousted him as president and chairman in 1986 and stripped him of retirement benefits after differing on corporate strategy.
Posted: October 9, 1999, 5:00 pm

A high-speed demonstration

Undaunted by the 118-degree heat, Shoen had set out to show two Times reporters that towing U-Haul equipment is perfectly safe -- unless the customer screws up. The high-speed demonstration ... Joe and another brother, Mark, were involved in the killing ...
Posted: June 23, 2007, 5:00 pm
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