Search results
Michael’s family emigrated to the U.S. from Cuba when he was a teenager. The family of four lived in a one bedroom, seven story walk-up with no air conditioning. Through hard work and ambition, Michael founded very successful companies in the home furnishings industry.
- What Is Michael Fux's Net Worth?
- Michael FUX Car Collection
- Real Estate
- Early Life and Education
- Career Beginnings
- Rising in The Ranks
- Bedding Industry
- The Michael FUX Foundation
- Other Charity Work
Michael Fux is a Cuban-American businessman and philanthropist who has a net worth of $450 million. Michael Fux earned his fortune as the founder of the bedding companies Sleep Innovation and Comfort Revolution. He is also a prolific collector of supercars, with over 160 vehicles in his collection. Among his many other activities, Fux established a...
Due to the wealth he has accumulated from his bedding companies and other business endeavors, Fux has built up an extensive collection of supercars. He has around 160 of them spread out in five garages, including a Rolls-Royce Phantom and a McLaren 12C Spider. In 2019, Fux became the first customer to have a McLaren Senna delivered to him. He recei...
Michael keeps a portion of his car collection at his home in Florida, and another portion at his home in New Jersey. His New Jersey estate, located in the town of Milford, spans 85 acres. The property features a 6,000 square foot main house and a 30,000 square foot car garage. The garage space also features a basketball court, sauna and commercial ...
Michael Fux was born in 1943 in Cuba. At the age of 15, he immigrated with his mother and brother to the United States, settling in Newark, New Jersey. There, the family lived in a one-bedroom apartment furnished by the Salvation Army. Fux didn't speak a word of English at the time. He attended Weequahic High School and then Central Evening High Sc...
Fux had his first job pumping gas at a station in Newark for $1 an hour. Not long after that, he realized his entrepreneurial passion by starting his first business, which involved selling used tires and batteries from a garage in Newark. By the time he was 20, Fux had purchased and sold several small ventures. To hone his business skills, he took ...
By the age of 30, Fux was a vice president at the Hecht Company in Washington, DC. After doing a stint as a sales manager for a Japanese wholesale linen company, Fux became passionate about the textile industry. He bought fabric closeouts, created a marketing program, and began making full-bodied zippered blankets. However, this business lasted for...
In 1985, Fux was contacted by his sister-in-law with a proposal to work for BioClinic, a producer of polyurethane foam egg crate mattresses for hospitals. Fux helped the company expand into the consumer market, getting its products into all the major big box stores. After a decade at BioClinic, he used his knowledge of the bedding industry to found...
In early 2006, Fux established the Michael Fux Foundation to support children with serious illnesses by creating programs that provide them and their families with assistance. It works to create safe and comforting spaces for children and their families, and funds projects and research related to children's healthcare. The Foundation has also creat...
Over the years, Fux has supported numerous charities in New Jersey. They include, but are not limited to: the Count Basie Theatre Foundation; Hurricane Sandy NJ Relief; the Make-a-Wish Foundation of Central New Jersey; the Monmouth Medical Center Foundation; New Jersey Heroes; Ocean of Love; the Tigger House Foundation; and the Troopers Memorial Fu...
- Celebrity Net Worth
Nov 3, 2023 · Avid car collector Michael Fux is the first person in America with a Rolls-Royce Spectre.
- Jeff Perez
- Managing Editor
- jeff.perez@motor1.com
Oct 24, 2019 · Multimillionaire businessman Michael Fux, an avid supercar collector, is now auctioning off 11 cars in his five-garage spanning collection, including three Mercedes-Benzs, one Cadillac, one BMW,...
- Brittany Chang
Multimillionaire businessman Michael Fux, an avid supercar collector, is now auctioning off 11 cars in his five-garage spanning collection, including three Mercedes-Benzs, one Cadillac, one...
Mar 6, 2024 · Welcome to my car collection! As many of you know I'm an avid car collector and have always been very passionate about cars. Join me as I take you on a tour ...
- 2 min
- 30.2K
- Super Car Baldie
People also ask
Who is Michael Fux?
How many cars does Michael Fux own?
How much money does Michael Fux make?
Where did Michael Fux live?
Jul 22, 2020 · Learn the fascinating story of one of the world's most famed car collectors, Michael Fux. With over 100 cars in his collection, the Hispano Suiza Carmen is h...
- 9 min
- 1364
- Hispano Suiza
