Jeff Beitzel became recognized as a prominent entrepreneur. Throughout his life, he engaged in various business endeavors.
Through effort and perseverance, he accumulated an impressive net worth of $3 million. Let’s delve into the specifics of his businesses and more.
Quick Facts
Full Name | Jeffrey Beitzel |
Date of Birth | July 1954 |
Date of Death | September 13, 2008 |
Age at Death | 54 years old |
Nationality | American |
Profession | Businessman |
Engaged | Gretchen Rossi |
Height | 5' 10" |
Jeff Beitzel's Net Worth | $3 million (As of 2008) |
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Jeff Beitzel's Background, Family, and Siblings
The automotive industry magnate was born Jeffrey P. Beitzel in July 1954 to his mother, Eileen Beitzel, and his father, Paul Beitzel. He lived in Northville, Michigan, and Newport, California.
Beitzel was raised in a family of five alongside his siblings Judy Beitzel Fike and Janice Beitzel Grigg. Unfortunately, limited information is available about his early years.
Additionally, various online sources have reported that Beitzel had been married five times. However, he was a devoted father to four children. He had three children, Jennifer Beitzel, Jill Beitzel, and Jake Beitzel, with his ex-wife, Sharon, and another daughter, Elizabeth Beitzel.
While looking for a home in Orange County, Beitzel met Gretchen, and the two became engaged. Sadly, he passed away from leukemia before they could marry. Following his death, his ex-wife and mother of his three children criticized his fiancée publicly, alleging that he never planned to marry Rossi.
Rossi frequently expresses her admiration for her late fiancé. She shared a photo of them together on the sixth anniversary of his passing, accompanied by a touching message. Although Beitzel is no longer with us, his influence in the automotive industry will always be remembered.
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How Much Is Jeff Beitzel's Net Worth? More about His Earning Sources
Jeff Beitzel is primarily recognized for creating prosperous automotive enterprises. He earned his degree in Mechanical Engineering from Lehigh University.
Afterward, Beitzel began his career at Ford Motor Company, where he gained substantial experience before founding Quantum Fuel Systems Technology, a firm dedicated to fuel efficiency, fuel storage, and alternative fuel sources. Over time, he became Quantum's COO in 2005.
In addition to his work with Quantum, Beitzel was involved with Powertrain Integration, LLC and Tecstar Automotive Group. He founded various successful automotive businesses. Various sources indicate that he held the position of President at Powertrain Integration and Tecstar Subsidiaries, as well as Co-Chief Executive Officer at Tecstar.
As Beitzel occupied significant roles in these companies, his compensation was likely substantial, reportedly earning a salary of $725,000. Consequently, his earnings throughout his professional journey contributed to his accumulation of a multimillion-dollar wealth.
In addition to his business ventures, Beitzel made an appearance on the popular Bravo reality series, The Real Housewives of Orange County, alongside Gretchen Rossi during their engagement. At that time, he was fighting leukemia, and the fourth season of the show highlighted Rossi's support as he battled the illness.
Sadly, the automotive entrepreneur passed away on September 13, 2008. Following his premature passing, his fiancée inherited several million dollars from his estate.