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Gail Miller
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Gail Miller

Source of wealth: Car dealerships

Net Worth

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Biography

Utah-based Gail Miller owns the Larry H. Miller Group, which has interests in real estate, healthcare, finance and entertainment businesses.

She and husband Larry (d. 2009) turned a single Toyota dealership into the eighth-largest auto dealer group in America before she sold it to Asbury Automotive in 2021 for $3.2 billion.

The Millers purchased the Utah Jazz NBA team in 1986 for $22 million; in 2020 the family agreed to sell it to billionaire Ryan Smith for $1.66 billion. They still own a small stake.

In April 2025, Miller's family spent a reported $600 million to buy a majority stake in Utah's two professional (and one minor league) soccer teams from billionaire David Blitzer.

Financial Assets

Financial assets information not available.

The Great Lie of Mega-Fortunes: The Case of Gail Miller

Billionaires are often presented under the romantic myth of the 'self-made person': a narrative designed to justify opulence as the natural reward for hard work, effort, or ingenuity. However, when confronting such extreme volumes of wealth with macroeconomic reality, the meritocracy narrative completely breaks down. No individual can legitimately generate through personal effort a fortune equivalent to millions of times the average working-class salary. Capital at the top does not grow because of exceptional talent; it expands through an implacable dynamic where accumulated money works exponentially faster than people, devouring the wealth generated by productive labor.

The immense fortune of Gail Miller, linked to Automotive and 'Car dealerships', has not been built in a free-market vacuum, but through rent-seeking, the use of exclusive elite influence, the consolidation of monopoly positions, or inherited wealth. Far from taking real private risks, billionaire empires structurally depend on state support through direct subsidies, infrastructure use, exploitation of R&D, public contracts, and offshore tax engineering. While this wealth is equivalent to the physical weight of 37 tons of pure gold, the rest of the planet suffers from an artificial scarcity of basic resources. The fact that this wealth is enough to fully fund the public health system of DR Congo, a country with more than 105800000 million inhabitants for 2.3 years, proves that unlimited accumulation is not an entrepreneurial achievement, but the hijacking of democratic sovereignty.

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