Joseph 'Pitt' Reeves Hyde III

Joseph 'Pitt'  Reeves Hyde III

Joseph 'Pitt' Reeves Hyde III (#2090)

Global Rank #2090
Country Rank #692
Country United States

Joseph 'Pitt' Reeves Hyde III is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 2 B
  • Auto Parts
  • United States
  • M
  • 83 Years

Snapshot

Quick Facts

Global Rank #2,090
Country Rank #692
Net Worth $2.0B
Previous Worth $2.0B
Worth Change +$0.0B
Country United States
Industry Auto Parts
Age 83 Years
Gender M
Worth As Of May 4, 2026
Residence Memphis, Tennessee
Citizenship United States

Profile Data

Personal Stats

Age 83
Source Of Wealth Auto Parts
Residence Memphis, Tennessee
Citizenship United States
Marital Status Married
Children 3
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.0B
Current Net Worth $2.0B

Worth as of May 4, 2026

About Me

Joseph 'Pitt' Reeves Hyde founded auto parts giant AutoZone in 1979. He served as CEO and board chair until 1996, when he stepped down from both roles after being diagnosed with prostate cancer. He sold most of his Auto­Zone stock back in the 1990s. Had he kept it, he'd be worth over $10 billion as of September 2025. His charitable foundation, which he runs with his wife Barbara, has given away more than $300 million, nearly all of which has gone to a smorgasbord of local causes in his hometown of Memphis. Hyde's family office acquired an undisclosed stake in Elon Musk's xAI through a special purpose vehicle in 2025. He and Barbara know Musk's brother Kimbal, who formerly ran a restaurant in the city.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Joseph 'Pitt' Reeves Hyde III.

#2052
Billionaires (2026)

Wealth Growth

Net Worth Growth Over Time

Tracking Joseph 'Pitt' Reeves Hyde III's net worth journey over the years, highlighting key growth phases and financial milestones.