Manny Lives In Grosse Pointe Shores, Michigan
Just two of his 20 companies are worth $1.1 billion. The
transportation mogul who resides in Grosse Pointe Shores, Mich., was
ranked at No. 321 on the business magazine’s list of the wealthiest in
the U.S. in its recent edition.
His Universal Truckload Services went public on the stock market about
four years ago and is listed at $680 million. Revenues last year for
PAM Transportation Services, another public Moroun company traded on
the stock market, were listed at $409 million.
He has taken heat over accusations he is being a "slumlord" because
properties he assembled on the Detroit side have rapidly deteriorated.
It's a label he is quick to denounce.
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