![]() Their daughter is 10 years old as of 2023. In 2013, Jay and Elaine were blessed with their daughter whose identity and personal information are kept private. His wife was previously married to John Mellencamp from 1992 until 2011 and shares two sons from her previous marriage. Jay has been married to a famous American model Elaine Irwan since 2012. Furthermore, he is a philanthropist and assists the Paley Centre for Media, a charitable trust organization as a member of the Board of Directors.īiography of film producer and actress Whitney Kroenke. He is also one of the members of the Library’s Board of Directors of the University of Pennsylvania. Penske is active with a variety of organizations, including the Quill Awards, where he works on the Executive Committee. Penske Media Corporation now owns Variety Magazine as well as. It was estimated that was sold for between €50 and €100 million. He acquired from Globecomm Inc in 2007 and changed its service model completely and sold it to United Internet Group in 2010. He is the founder and Chairman of Penske Media Corporation that owns and publishes various digital as well as print magazines. He shattered Michael Powell’s previous mark of 194 points and became the first player in the history of lacrosse to score 200 points in a single season. He set the all-time high school point record with 202 points in his final season of lacrosse. He set several records of most goals and assist during his career and had his jersey number retired. He was considered the best in his high school. Later on, he joined Wharton Business School in Philadelphia and graduated with a Bachelors’s degree in Management Information Systems.ĭuring Penske’s college years, he was an All-American athlete and played Lacrosse and Hockey at the college level. They all work for Penske Corporation.Īs regards his education, he attended Cranbrook and Lawrenceville before joining St. ![]() ![]() Jay Penske has four siblings named Roger Jr, Gregory, Mark, Jay, and Blair Penske. Additionally, he is the youngest son of billionaire Roger Penske. Jay was born in New York City and now lives in Los Angeles, however, his exact date of birth has not been revealed to the media. Jay Penske’s Billionaire Parents, Family & Education Moreover, he is married to the American model Elaine Irwin. There are only 30 known models worldwide.Jay Penske is an American entertainment and publishing tycoon who was born as the youngest son of billionaire Roger Penske and Kathy Penske. Penske collects rare and exotic cars, including the Ferrari FXX, a prototype supercar that Penske briefly put on display at the Wynn in Las Vegas. That would be the 5,300-square-foot home at 118 Waterfall Lane, which is listed for $5 million. Living roomīirmingham is popular with auto industry execs, but Penske’s home doesn’t take the checkered flag as the most expensive listing in the city. Homes like Penske’s are not out of the ordinary in Birmingham, a city of roughly 20,000 people, with a median household income of $100,000 and a median home listing price of $740,000. According to Forbes, Penske himself is estimated to be worth in excess of $1.5 billion. The company employs more than 20,000 people and is listed on the Fortune 500. When he’s not at the track, Penske runs the publicly traded Penske Automotive Group, one of the largest car dealership companies in the world. In its 50-year history, Team Penske has won more than 170 races and 13 national championships. He retired as a driver at the age of 28 and launched Team Penske, which has won 16 first-place finishes at the Indianapolis 500 from 1972 to 2015.
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