Age, Biography and Wiki
Henry Caruso (Henry Joseph Caruso) was born on 24 February, 1922, is an American businessman. Discover Henry Caruso's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 95 years old?
Popular As |
Henry Joseph Caruso |
Occupation |
Businessman |
Age |
95 years old |
Zodiac Sign |
Pisces |
Born |
24 February 1922 |
Birthday |
24 February |
Birthplace |
N/A |
Date of death |
26 November, 2017 |
Died Place |
N/A |
Nationality |
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We recommend you to check the complete list of Famous People born on 24 February.
He is a member of famous businessman with the age 95 years old group.
Henry Caruso Height, Weight & Measurements
At 95 years old, Henry Caruso height not available right now. We will update Henry Caruso's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Henry Caruso's Wife?
His wife is Gloria Restagno
Family |
Parents |
Not Available |
Wife |
Gloria Restagno |
Sibling |
Not Available |
Children |
3, including Rick Caruso |
Henry Caruso Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Henry Caruso worth at the age of 95 years old? Henry Caruso’s income source is mostly from being a successful businessman. He is from . We have estimated Henry Caruso's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
businessman |
Henry Caruso Social Network
Instagram |
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Linkedin |
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Twitter |
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Facebook |
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Wikipedia |
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Imdb |
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Timeline
His father, August Caruso, worked in the landscape business and decided that the weather in the Mid-Atlantic was problematic and moved the family to Los Angeles, California in the mid-1920s.
They first moved to East Los Angeles but soon settled in the Silver Lake neighborhood where Henry and his brothers, Albert and Lawrence, were raised.
Henry "Hank" Joseph Caruso (February 24, 1922 – November 26, 2017) was an American businessman.
He was the founder of Dollar Rent A Car.
Of Italian heritage, Caruso was born in Pennsylvania.
He enrolled at the University of Southern California (USC) in 1939 with plans to study medicine, but left to join the US Navy Air Corp and earned the distinction of Navy Pilot LTJG.
He returned to USC after the war to finish his studies.
Caruso entered the automobile business by acquiring a number of new car dealerships, including from General Motors, Ford and Chrysler.
In the early days of TV he virtually monopolized commercial television airwaves in Los Angeles with his radio and TV singing commercials where he billed himself as "H.J. Caruso—he's the greatest."
The Desert Sun called him the "glamour boy of automotive salesmanship in Los Angeles."
On April 25, 1957, Caruso was indicted by the Grand Jury of Los Angeles County for criminal conspiracy to defraud and cheat, forgery, and grand theft related to his automobile dealerships.
Caruso pleaded guilty to two counts (forgery and grand theft) of the April 25 indictment.
Caruso was given a suspended sentence.
Probation was granted for a period of 10 years conditioned on his spending the first year in the county jail, paying a fine of $10,000 and remaining "out of the automobile business or any business involving sales to the public."
He founded Dollar Rent-A-Car in 1966 as Dollar A Day Rent A Car.
After opening five locations, he was determined to open lucrative airport locations; however the "big three" car rental companies, Hertz, Avis and National, had already established locations in airports and made it difficult for the new company to enter the market.
This led to a legal fight in the 1970s that caused the Federal Trade Commission to take action and prohibit any practices that discriminated against small companies vying for airport locations.
Many airports, newspapers, and local townships rejected his request to display the "Dollar A Day" sign as they felt it constituted false advertising.
In 1970, the Superior Court of California set aside the guilty plea.
Having fulfilled the terms of his probation, he was allowed to withdraw his guilty plea and enter a plea of not guilty, and the charges against him were dismissed.
Caruso lived with his wife, former fashion model Gloria (nee' Restagno) in Beverly Hills, California.
He has one daughter, Cristina Caruso, and two sons, Rick Caruso, a billionaire builder and retail operator and owner and CEO of Caruso Affiliated, which has built and owns and operates such retail properties as The Grove at Farmers Market and The Americana at Brand, and Marc Caruso, a Los Angeles music executive and CEO of Angry Mob Music.
In 1973, the Palm Springs, California Planning Commission rejected Caruso's request for approval of a "Dollar A Day" sign as "misleading advertising."
He later changed the name to Dollar Rent-A-Car.
Under his 20 years of guidance it grew to be the fourth largest car rental agency worldwide with over 1,400 locations.
He sold the company to the Chrysler Corporation in 1990 (it is now a part of the Dollar-Thrifty Automotive Group).
Caruso was also the head of Caruso Affiliated, which owned his car dealerships, and HJC Investment Corporation, an investment company.