- Category:
- Richest Business
- Net Worth:
- $600 Million
- Birthplace:
- United States of America
- Gender:
- Male
- Nationality:
- United States of America
What is Gerald Forsythe's Net Worth?
Gerald Forsythe is an American businessman and auto racing magnate who has a net worth of $600 million. He is best known for being one of the three men that owned the Champ Car World Series. Gerald Forsythe was born in Marshall, Illinois where he began his career as a car owner in 1983. His team, Forsythe Racing, fielded an entry for Italian rookie Teo Fabi in the CART PPG Indy Car World series. Fabi made an impressive showing, winning four races and six poles (including that for the Indianapolis 500) and finishing second in the series points standings.
Forsythe is the chief shareholder in, and chairman and CEO of the Indeck Companies, which include Indeck Power Equipment Company, Indeck Energy Services, Inc., and Indeck Operations. Indeck Power Equipment specializes in the rental, lease, and sale of steam power, while Indeck Energy Services, Inc. develops, owns, and operates cogeneration and independent power projects in North America. Indeck Operations manages the company's plants, as well as those of other firms. The Indeck logo was prominently featured on the sides of the blue Champ Cars that were owned by Forsythe before opting not to run in the unified IndyCar Series in 2008.
