Caroline Grossinger Net Worth 2026: Grossinger Auto Group Co-Owner

No reputable outlet has published an estimate of Caroline Grossinger's net worth. An earlier version of this page gave a figure of $121 million, and a yearly income of $5.5 million, with no source; we have removed both. What is on the record is the business she ran: Grossinger was co-president of Grossinger Auto Group, a third-generation family dealer group in the Chicago area, which she and her brother sold to the Canadian dealer group AutoCanada in 2018 in a deal reported at US$86 million.

What is Caroline Grossinger's net worth?

There is no published net worth figure for Grossinger from Forbes, Automotive News, Crain's or any other outlet that explains its method. The family business was private, and how the sale proceeds were split between family members and lenders has not been reported.

The clearest public number is the sale price. Business Chief reported that AutoCanada paid about $86 million for Grossinger Auto Group. The group's dealerships had brought in about US$401 million (CA$513 million) in revenue in 2017. Revenue and a sale price are not the same as personal wealth, though, and the $86 million was for the whole group, not her share.

Caroline Grossinger's yearly earnings, monthly income and salary

Her income has never been disclosed. The figures previously shown here ($5.5 million a year, $458,000 a month, $15,000 a day) had no source, and the claim that her income came mainly from stock picking was not supported by anything we could find. Her documented career is in car retail, not stock trading.

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Grossinger Auto Group: the family business

A 2009 profile distributed through WebWire described Grossinger Autoplex as the oldest family-owned auto dealership in Illinois, with the family in the car business since the early 1900s. The group began as a single Pontiac store.

In 2009 she was president of Grossinger Autoplex, which sold Cadillac, Pontiac, GMC, Buick and Suzuki vehicles, and she also ran Grossinger Volvo and Grossinger Toyota in Lincolnwood, just north of Chicago. The same profile said the Toyota store and the Autoplex were among the ten largest dealerships in their area by vehicle volume.

She also served on dealer advisory boards for Pontiac, GMC and Volvo, and as a director of First Bank and Trust of Evanston.

The 2018 sale to AutoCanada

AutoCanada, an Edmonton-based public company, bought Grossinger Auto Group in 2018 to enter the U.S. market. Business Chief reported that the deal covered dealerships representing 11 manufacturers and that most stores would keep the Grossinger name and local leadership at first. Grossinger, quoted as co-president, said she looked forward to the franchises doing well under AutoCanada.

The deal proved hard for the buyer. Automotive News reported in May 2019 that AutoCanada posted a $4.1 million net loss for the first quarter, which it attributed to costs in its U.S. operations. Because the sale had already closed, those losses fell on AutoCanada, not the Grossinger family.

For other dealer-group owners on this site, see Aaron Zeigler, Cliff Findlay and Clay Cooley.

Early life and family

Grossinger is the third generation of her family to run the dealerships. The earlier description on this page, about taking a corporate job after college and leaving to start her own company, had no source and did not match her record in the family business, so it has been removed.

In a Chicago Lighthouse profile announcing her appointment to its board, she said the last of her three children had left home for college.

Caroline Grossinger's husband

This page previously named a husband. We could not find any reliable source that confirms it, so the name has been removed. We do not speculate about the private lives of people who are not public figures.

Education

Grossinger is a Wellesley College graduate; the 2009 profile notes that she served on the college's alumnae board. The earlier claim that she also earned an MBA from the University of Chicago Booth School of Business could not be verified and has been removed.

Community and board work

She has joined the board of directors of The Chicago Lighthouse, a nonprofit that serves people who are blind or visually impaired and veterans. In that announcement she praised its call center jobs and social enterprise model. Earlier she served on the boards of the local United Way and Chamber of Commerce, and she has supported schools, youth groups and the arts in the areas her stores served.

Age, height and weight

Her date of birth, height and weight have not been published by a reliable source. The previous version of this page gave an age of 56, a height of 5 feet 5 inches and a weight of 69 kg without a source; those have been removed.

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Contact details

We do not publish personal phone numbers, emails or home addresses.

Why no net worth figure is given

The only hard numbers in public are the group's 2017 revenue and the 2018 sale price. Neither shows her personal share after debt, taxes and the split with her brother, and her later investments have not been reported by the press. Until a reputable outlet publishes an estimate, her net worth is unknown.