George’s father died when he was eight years old in Kannapolis, North Carolina, and he and his mother lost everything. Despite the fact that he grew up impoverished, he is always quick to point out how wealthy he was. “Thanks to my mother’s hard work and some assistance from Uncle Sam and others, my mother and I were able to live.”
Because I received free lunches, I was one of the students who ate at school. But mom compensated for our lack of material riches by giving me the gift of faith. Her faith was so strong that she taught me to believe in God and in me every day. You have everything you need in life when you have that deep in your heart.”
George struggled with his initial employment in a carwash, a bakery, and a textile mill after graduating at the bottom of his high school class. He, on the other hand, never ceased believing. He learned about Evans Business College in Concord, North Carolina, and decided to enroll in order to boost his prospects of success. He not only graduated but also went on to own the school, creating the country’s largest network of business schools. For his achievements as a young entrepreneur, he received the Horatio Alger Award.
He didn’t stop there, though, and went on to start multiple more businesses over his illustrious business career, ending in 1987 as the founding owner of the Charlotte Hornets of the NBA, which he brought to the Carolinas against all odds. In 2011, he sold the franchise after relocating it to New Orleans.
George Shinn Career
George has been a great believer in the notion of “paying it forward” since the beginning of his career. In 1973, he took the daring step of establishing the George Shinn Foundation to assist those in need and to further God’s Kingdom. More than four decades later, the foundation is still true to its objective, having built and sponsored a clinic in Haiti, developed a ministerial retreat center, and supported a variety of other ministries, events, and scholarships.
George’s books include The Miracle of Motivation, The American Dream Still Works, and, of course, You Gotta Believe! His newest book, All Things Are Possible, will be released in 2015.
George continues to speak at churches and business gatherings, and he continues to devote his time and resources to his foundation. George Shinn lives in Franklin, Tennessee, and is the president of the George Shinn Foundation.
The eclectic collection will be auctioned off at the GAA Classic Cars auction this summer.
A 2013 Porsche 911 Carrera S and a 1970 Mercedes 280SL are among the vehicles in the George Shinn collection, which also includes some exceptional Ford Galaxies, Bel Airs, and Mustangs.
Shinn is primarily known for founding the Charlotte Hornets in 1988 and then relocating the franchise to New Orleans in 2002. His passion for automobiles began when he was a child cleaning cars at his father’s Gulf service station. With “a little over a hundred cars” in his collection, the self-proclaimed gearhead claims he’s out of the room, which is why he’s delivering these cars to new owners.
Shinn, like any other collector, has bought automobiles from all of the big auction houses, but he says he feels “more at ease, comfort, and trust” with GAA Classic Cars for this collection.
“GAA Classic Cars is a good-hearted organization. They have a history with automobiles, they know what they’re doing, and they understand what people like and desire, therefore they satisfy that requirement “Shinn remarked.
Here are a few of the highlights
Continuation Car for the 1968 Mustang Shelby GT500
Under Shelby’s license, G.T. Continuation Cars completed the assembly of this 1968 Ford Mustang. The Carroll Shelby Special Number 021 Exp 500 is the car’s official name. It was designed with Eleanor’s style in mind.
It’s powered by an all-aluminum Ford Big Block V8 and comes with numerous enhancements.
Iacocca Edition Ford Mustang 2010
This 2009 1/2 Mustang is titled a 2010 and has a Coach Built Exterior with Design Input from Lee Iacocca, the Father of the Ford Mustang, with less than 200 miles on the clock. It’s automobile number 7 out of a total of 45.
Porsche 911 Carrera S 2013
This beautiful 911, powered by a horizontally-opposed 6 cylinder 3.8-liter engine, begs to be added to your collection. It has just over 6k miles on the clock, and you can check it out here.
The summer auction at GAA Classic Cars is set for July 22, 23, and 24. GAA is gearing up for another historic sale after two record-breaking spring auctions. George Shinn, the previous owner of the Charlotte Hornets, has a No Reserve Collection.
George Shinn’s Net Worth
George Shinn has a net worth of $120 million and is an American businessman, sports club owner, author, and motivational speaker. George Shinn was born on May 11, 1941, in Kannapolis, North Carolina, and is best known as the former owner of the NBA franchise “Charlotte Hornets.” A low-achieving student at A.L. who graduated last in his class.
Check more information about Geroge Shinn’s Net Worth here on Vivaraenews.com
More Cars in the Collection of George Shinn to look into
There are some more cars in his garage which you can check out below: