Age, Biography and Wiki

Vaughn Beals was born on 2 January, 1928 in Massachusetts, U.S., is an American businessman (1928–2018). Discover Vaughn Beals'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 90 years old?

Popular As N/A
Occupation N/A
Age 90 years old
Zodiac Sign Capricorn
Born 2 January 1928
Birthday 2 January
Birthplace Massachusetts, U.S.
Date of death 19 August, 2018
Died Place Gig Harbor, Washington, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 2 January. He is a member of famous President with the age 90 years old group.

Vaughn Beals Height, Weight & Measurements

At 90 years old, Vaughn Beals height not available right now. We will update Vaughn Beals's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Wife Not Available
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Children Not Available

Vaughn Beals Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Vaughn Beals worth at the age of 90 years old? Vaughn Beals’s income source is mostly from being a successful President. He is from United States. We have estimated Vaughn Beals'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 President

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Timeline

1928

Vaughn L. Beals Jr. (January 2, 1928 – August 19, 2018) was an American businessman who was a CEO of Harley-Davidson between 1981 and 1989, and chairman from 1981 to 1996.

1975

In 1975, Beals was recruited by the conglomerate American Machine and Foundry (AMF), where he was hired to oversee engineering of new products for Harley-Davidson.

At the time Beals was hired, Harley-Davidson was struggling with quality control issues and sales of its motorcycles had decreased significantly, losing market share mostly to Japanese imports.

1981

Partly because AMF was unwilling to invest in the company, in 1981, Beals and 12 other investors, including Willie G. Davidson, initiated a highly leveraged $80 million buy out of Harley-Davidson that took the company private at the equivalent of 25 cents per share.

After touring several Japanese motorcycle plants, Beals concluded that Harley-Davidson's problems were not foreign imports, but rather the company's own mismanagement.

As a result, he initiated the use of just-in-time delivery and other manufacturing reforms, after seeing these practices in use at the Honda Marysville Motorcycle Plant in Ohio.

Beals also directed a number of changes in the company's motorcycles designed to make them more comfortable to ride and operate.

1983

Beals also directed creation of Harley Owners Group in 1983, today the world's largest factory-sponsored motorcycle club.

Following the successful buyout and turn-around of Harley-Davidson, Beals purchased the Holiday Rambler company, a manufacturer of recreational vehicles.

1996

The acquisition did not prove profitable, and Beals eventually sold the company for $50 million in 1996.

2004

After his retirement from Harley-Davidson, Beals and his wife Eleanore Woods Beals, an alumna, established the Woods-Beals endowed chair at Buffalo State College in 2004.

It was the institution's first endowed chair.

Beals died at the age of 90 in Gig Harbor, Washington where he and his wife spent their summers.

At the time of his death, he was survived by his wife of 67 years, their two daughters, five grandchildren and five great grandchildren.

2008

He was inducted to the Motorcycle Hall of Fame in 2008.

An only child, Beals was born and raised in the Boston area.

Although neither of his parents finished high school, Beals was a standout student and his high school guidance counselor encouraged him to apply to Massachusetts Institute of Technology instead of his first choice, Northeastern University.

Beals earned bachelor's aeronautical engineering at Massachusetts Institute of Technology.

After his earning his degree, he worked for Cornell Aeronautical Laboratory in Buffalo, New York where he met and married his wife, Eleanore Woods.

Subsequently, he returned to the Massachusetts Institute of Technology and earned his master's degree in aeronautics.

Beals then worked at North American Aviation and Cummins as engineer and executive.

He was CEO, chairman, and president of Formac (Washington Iron Works) in Seattle, a company that made large engines and logging equipment.