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U-Haul
U-Haul is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations. Overview U-Haul is owned by U-Haul Holding Company, which in turn is owned by AMERCO, a publicly traded holding company which also operates: *Amerco Real Estate (which purchases existing buildings for conversion to self-storage facilities, existing self-storage facilities and bare land), *RepWest Insurance Company (which provides optional insurance for customers renting U-Haul vehicles and self-storage space), and *Oxford Life Insurance Company (which provides annuities, life insurance, and Medicare supplement insurance for senior adults). The Shoen family (heirs of founder Sam Shoen) currently owns, both directly and indirectly, about 55 percent of AMERCO. U ...
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Uhaul Portsmouth
U-Haul is an American moving truck, trailer, and self-storage rental company, based in Phoenix, Arizona, that has been in operation since 1945. The company was founded by Leonard Shoen in Ridgefield, Washington, who began it in the garage owned by his wife's family, and expanded it through franchising with gas stations. Overview U-Haul is owned by U-Haul Holding Company, which in turn is owned by AMERCO, a publicly traded holding company which also operates: *Amerco Real Estate (which purchases existing buildings for conversion to self-storage facilities, existing self-storage facilities and bare land), *RepWest Insurance Company (which provides optional insurance for customers renting U-Haul vehicles and self-storage space), and *Oxford Life Insurance Company (which provides annuities, life insurance, and Medicare supplement insurance for senior adults). The Shoen family (heirs of founder Sam Shoen) currently owns, both directly and indirectly, about 55 percent of AMERCO. U ...
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Leonard Shoen
Leonard Samuel Shoen (February 29, 1916 – October 4, 1999) was an American entrepreneur who founded the U-Haul truck and trailer organization in Ridgefield, Washington. After growing up in the farm belt during the Great Depression, he envisioned the market for rental vehicles for families who wished to avoid the expense of professional transfer and storage companies and move around the country. Early life Shoen (pronounced "shown") was born on February 29, 1916, in McGrath, Minnesota, to Sophie (née Appert) and Samuel J. Shoen. His father moved the family to Oregon in 1923 to farm in the Willamette Valley near Shedd. His father was ethnically Scottish and English; his mother was of Swiss and French descent. Shoen worked his way through Oregon State University by running a chain of beauty parlors and barber shops in Corvallis and nearby Albany, and later at Camp Adair north of Corvallis and at the Hanford Reservation in Washington. Sam earned a B.Sc. in General Science (a p ...
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Ridgefield, Washington
Ridgefield is a city in northern Clark County, Washington. The population was 10,319 at the time of the 2020 census, up from 4,763 in 2010, making it the fastest growing city in the state of Washington. Located within the Portland metropolitan area, Ridgefield is notable for the significant Native American history and connection to the Lewis and Clark Expedition. It is also the headquarters of the Ridgefield National Wildlife Refuge, a primary reserve for migrating waterfowl on the Pacific Flyway, and the home of the Ridgefield High School "Spudders" (reflecting the area's potato-farming heritage). History The area has important ties to the Lewis and Clark Expedition of 1804–1806, being close to the Chinookan town of Cathlapotle, then a settlement of 700–800 people, with at least 14 substantial plank houses. The community's ties to the Chinookan people was commemorated by the construction of a replica of a Cathlapotle plank house at the nearby Ridgefield National Wi ...
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Joe Shoen
Edward Joseph Shoen (born March 28, 1949) is an American businessman. He is the president, chairman, and chief executive officer (CEO) of AMERCO, the holding company of U-Haul International. Early life Joe Shoen is the son of the U-Haul founder Leonard Shoen. He was raised in Phoenix, Arizona. He is a graduate of the College of the Holy Cross and holds an MBA from Harvard University. In December 2013, he was estimated to have a net worth of $767 million.
December 5, 2013


Career

In May 2015, Bloomberg reported that Amerco's surging stock price made Shoen a billionaire, joining his brother,

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PODS (company)
PODS, or Portable On Demand Storage, is a moving and storage company. It was founded in 1998 and is based in Clearwater, Florida. PODS is owned by the Ontario Teachers' Pension Plan. History PODS was founded in 1998 by Peter Warhurst who was looking to expand his family's storage business. He invented PODS containers, as well as a hydraulic lift system that enables operators to easily deliver and transport the units, which he named ''PODZILLA''. In 2003, PODS received an equity investment of $15M from the Hunt Private Equity Group, along with a $25M senior credit facility from Congress Financial Corp. In 2005, PODS grossed over $200 million in revenue, and was still privately owned. By then, the company was franchised in 45 states, and logged 2,500 pickups and deliveries a day. Between 2005 and August 2009, PODS service expanded to include 48 states, as well as Australia and Canada. In February 2007, PODS was acquired by Bahrain-based investment firm Arcapita for $ ...
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Edward "Joe" Shoen
Edward Joseph Shoen (born March 28, 1949) is an American businessman. He is the president, chairman, and chief executive officer (CEO) of AMERCO, the holding company of U-Haul International. Early life Joe Shoen is the son of the U-Haul founder Leonard Shoen. He was raised in Phoenix, Arizona. He is a graduate of the College of the Holy Cross and holds an MBA from Harvard University. In December 2013, he was estimated to have a net worth of $767 million.
December 5, 2013


Career

In May 2015, Bloomberg reported that Amerco's surging stock price made Shoen a billionaire, joining his brother,

Mark Shoen
Mark V. Shoen (born 1951) is an American billionaire businessman and vice-president of the moving equipment and storage rental company U-Haul, which was founded by his father. Shoen is also the largest shareholder in its parent company, Amerco. __NOTOC__ Early life Shoen was born in Phoenix the son of Leonard Shoen and Anna Carty. Career Shoen is the largest shareholder in Amerco, the parent company of U-Haul, which is North America’s biggest moving and storage company. According to ''Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...'', Shoen has a net worth of $2.7 billion, as of October 2020. Personal life Shoen is married with one child and lives in Phoenix, Arizona. References 1951 births Living people American billionaires Businesspeople from Phoenix, ...
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Phoenix, Arizona
Phoenix ( ; nv, Hoozdo; es, Fénix or , yuf-x-wal, Banyà:nyuwá) is the List of capitals in the United States, capital and List of cities and towns in Arizona#List of cities and towns, most populous city of the U.S. state of Arizona, with 1,608,139 residents as of 2020. It is the List of United States cities by population, fifth-most populous city in the United States, and the only U.S. state capital with a population of more than one million residents. Phoenix is the anchor of the Phoenix metropolitan area, also known as the Valley of the Sun, which in turn is part of the Salt River Valley. The metropolitan area is the 11th largest by population in the United States, with approximately 4.85 million people . Phoenix, the seat of Maricopa County, Arizona, Maricopa County, has the largest area of all cities in Arizona, with an area of , and is also the List of United States cities by area, 11th largest city by area in the United States. It is the largest metropolitan area, bo ...
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Self Storage
Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals. When discussing why a storage space is rented, industry experts often refer to "4Ds of life" (death, divorce, downsizing, and dislocation; the latter can refer to either the renter relocating to another area and needing space to store items until they can be moved to the new location, or a subsequent marriage resulting in the couple having duplicate items). Description Self-storage facilities rent space on a short-term basis (often month-to-month, though options for longer-term leases are available) to individuals (usually storing household goods; nearly all jurisdictions prohibit the space from being used as a residence) or to businesses ...
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Self-storage
Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals. When discussing why a storage space is rented, industry experts often refer to "4Ds of life" (death, divorce, downsizing, and dislocation; the latter can refer to either the renter relocating to another area and needing space to store items until they can be moved to the new location, or a subsequent marriage resulting in the couple having duplicate items). Description Self-storage facilities rent space on a short-term basis (often month-to-month, though options for longer-term leases are available) to individuals (usually storing household goods; nearly all jurisdictions prohibit the space from being used as a residence) or to businesses ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Genericized Trademark
A generic trademark, also known as a genericized trademark or proprietary eponym, is a trademark or brand name that, because of its popularity or significance, has become the generic term for, or synonymous with, a general class of products or services, usually against the intentions of the trademark's owner. A trademark is said to become ''genericized''—or, informally, to have suffered ''genericide''—when it begins as a distinctive product identifier but changes in meaning to become generic. This typically happens when the products or services which the trademark is associated with have acquired substantial market dominance or mind share, such that the primary meaning of the genericized trademark becomes the product or service itself rather than an indication of source for the product or service. A trademark thus popularised has its legal protection at risk in some countries such as the United States and United Kingdom, as its intellectual property rights in the trademark ...
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