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Richest Americans - #19

Thursday, September 20, 2007provided by

Jack Crawford Taylor & family

Net Worth: $14 billion
Source: Enterprise Rent-A-Car
Residence: St Louis
Age: 85
Marital Status: Married, 2 children

• Left Washington U. to serve in Navy; became fighter pilot on U.S.S. Enterprise during WWII.
• Sold cars after war, became sales manager for St. Louis Cadillac distributor.
• Backed by boss, took 50% pay cut to start own car-leasing business; offered rentals as temporary replacements for stolen, wrecked cars.
• Business boomed in 1970s after courts made insurance companies pay for replacement rentals.
• Today Enterprise Rent-A-Car sales exceed $9 billion.
• Son, Andrew, began working for dad "as soon as I could drive"; now chairman and chief executive.
• Daughter, Jo Ann Taylor Kindle, is president of charitable Enterprise Rent-A-Car Foundation.
• Increasing presence at airports; through holding company, bought Vanguard Auto Group, operator of National and Alamo car rental companies, for an estimated $1.2 billion earlier this summer.

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Rates

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• Mortgage

  Loan Type	Today	Last Week
  30 Year Fixed	5.13%	5.16%
  15 Year Fixed	4.70%	4.60%
  1 Year ARM	3.98%	4.00%
  30 Year Fixed Jumbo	6.06%	6.10%
  5/1 ARM	4.30%	4.26%
  3/1 ARM	4.75%	4.80%

  Source: Bankrate
• Home Equity

  Loan Type	Today	Last Week
  $30K Home Equity Loan	8.35%	8.39%
  $50K Home Equity Loan	8.36%	8.41%
  $75K Home Equity Loan	8.39%	8.44%
  $30K HELOC	5.24%	5.26%
  $50K HELOC	4.99%	5.00%
  $75K HELOC	4.99%	5.00%

  Source: Bankrate
• Savings

  Savings Type	Today	Last Week
  6 month CD	1.13%	1.15%
  1 year CD	1.61%	1.63%
  3 year CD	2.28%	2.29%
  MMA	1.04%	1.05%
  $10K MMA	1.13%	1.13%
  $25K MMA	1.34%	1.35%

  Source: Bankrate
• Auto

  Loan Type	Today	Last Week
  36 Month New Car Loan	6.90%	6.96%
  48 Month New Car Loan	7.05%	7.12%
  60 Month New Car Loan	7.11%	7.18%
  36 Month Used Car Loan	7.39%	7.43%
  48 Month Used Car Loan	7.50%	7.51%

  Source: Bankrate
• Credit Cards

  Card Type	Today	Last Week
  Business Credit Cards	9.69%	9.69%
  Low Interest Credit Cards	11.91%	11.91%
  Cash Back Credit Cards	12.36%	12.36%
  Reward Credit Cards	12.85%	12.85%
  Instant Approval Credit Cards	13.32%	13.32%
  Balance Transfer Credit Cards	13.46%	13.46%

  Source: CreditCards.com

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