Age, Biography and Wiki

Jeffrey Lorberbaum is an American businessman who currently serves as the Chairman and Chief Executive Officer of Mohawk Industries, Inc., one of the world's largest flooring companies. He has been with the company since 1988 and has held various positions, including President and Chief Operating Officer. Lorberbaum was born in 1954 in the United States. He attended the University of Georgia, where he earned a Bachelor of Science degree in Business Administration. He then went on to earn a Master of Business Administration degree from the University of Michigan. Lorberbaum has been married to his wife, Susan, since 1982. They have two children together. Lorberbaum has been recognized for his business acumen and leadership. He was named one of the "100 Most Influential People in the World" by Time magazine in 2017. He has also been honored with the Georgia Trend Magazine's "Most Influential Georgians" award in 2018. As of 2021, Jeffrey Lorberbaum's net worth is estimated to be roughly $1.2 billion.

Popular As N/A
Occupation Businessman
Age 69 years old
Zodiac Sign N/A
Born , 1954
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Nationality United States

We recommend you to check the complete list of Famous People born on . He is a member of famous Businessman with the age 69 years old group. He one of the Richest Businessman who was born in United States.

Jeffrey Lorberbaum Height, Weight & Measurements

At 69 years old, Jeffrey Lorberbaum height not available right now. We will update Jeffrey Lorberbaum's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Height Not Available
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Who Is Jeffrey Lorberbaum's Wife?

His wife is Sarah Lorberbaum

Family
Parents Alan Lorberbaum Shirley Lorberbaum
Wife Sarah Lorberbaum
Sibling Not Available
Children Lauren Lorberbaum-Donohue Brian Lorberbaum

Jeffrey Lorberbaum Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Jeffrey Lorberbaum worth at the age of 69 years old? Jeffrey Lorberbaum’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Jeffrey Lorberbaum's net worth , money, salary, income, and assets.

Net Worth in 2023 US$1.3 billion (Aug 2019)
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Businessman

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Timeline

2016

As of August 2016, Lorberbaum holds 9.6 million shares of Mohawk amounting to 14 percent of the company which is valued at $2.14 billion.

1976

Jeffrey joined the family business, carpet and rug manufacturer Aladdin Mills, in 1976, after graduating from the University of Denver. Lorberbaum held a number of leadership positions, eventually serving as vice president of operations from 1986 to 1994. In 1994, Aladdin merged with Mohawk Industries, which had gone public in 1992, creating one of the largest flooring manufacturers in the United States – and his father became Mohawk's largest shareholder. Jeffrey and Alan Lorberbaum then joined Mohawk's board of directors. In 1995, Lorberbaum became president of Mohawk; and, in 2001, he became CEO. Since then he has grown the company to $5.8 billion in revenues (2012) partly through acquisitions that expanded the scope of the company into hard surface flooring (ceramic tile, laminate, hard wood) and provided access to new geographies. In 2002, Lorberbaum orchestrated the $1.8 billion purchase of Dal-Tile of Dallas making Mohawk the world's largest tile-maker. In 2005, Mohawk purchased Unilin, a Belgium-based maker of laminate flooring and MDF board (a composite used in do-it-yourself furniture) for $2.6 billion.

1957

Jeffrey S. Lorberbaum is the son of Shirley and Alan Lorberbaum, Jewish migrants to the South from New York City. In 1957, his parents founded Aladdin Mills, Inc., in Dalton, Georgia. Aladdin initially produced bathmats and rugs for discount retailers and during the 1970s expanded into tufted carpet manufacturing, eventually growing the business into one of the largest carpet manufacturers in the country. He has one sister, Suzanne Helen of Denver, and one brother, Mark Lorberbaum of Miami Beach. He graduated with a B.A. from the University of Denver.

1954

Jeffrey Lorberbaum (born October 24, 1954) is an American billionaire and the chairman and chief executive officer of Calhoun, Georgia-based Mohawk Industries, the world's largest flooring company.

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