RACING driver Ken Block has died at the age of 55 in a snowmobile accident in Utah on January 2 2023.
Outside of rallying he was a successful businessman and co-owned a number of companies – here’s what we know about his net worth.
Rally legend Ken Block died aged 55 in a snowmobile accident
What was Ken Block’s net worth?
Block’s net worth has been estimated between $100 million and $200 million.
Reports suggest that he had a $200 million fortune in 2012 but that this had shrunk by up to half by 2023.
He owned an extensive car collection and at least two large properties.
His main home was in Park City, Utah, while he also had a house in Rancho Santa Fe, California.
What did Ken Block do before racing?
Before taking up rallying, block was a successful businessman and general action sports enthusiast.
He co-founded skating fashion company DC Shoes in 1994 and the company sponsored his debut car in 2005.
He was then inspired to try racing at the age of almost 40 by his friend Travis Pastrana.
How did Ken Block get rich?
Block’s wealth came mainly from his rallying career and the two companies he co-owned, DC Shoes and motor apparel brand Hoonigan Industries.
Ken was “Head Hoonigan in Charge” of the latter business up until his death.
The company made clothing and other apparel for petrolheads and also operated Block’s racing team in partnership with Ford until 2021.
The driver also raced in every rally season from his 2005 debut until 2015, winning 15 Rally America races and six Global RallyCross races in his decade-long career.
What happened to Ken Block?
Block died in a snowmobile accident near his ranch in Park City, Utah, on the afternoon of January 2 2023.
According to cops, he was riding the snowmobile down a steep slope when the vehicle upended and landed on top of him.
He was riding in a group, but was alone when the accident happened.
Wasatch County Sheriff’s Office confirmed his death in a statement, adding: “We are saddened to hear of the loss of Kenneth and our hearts are with his family and friends so deeply affected.
“We thank all of our first responders for their continued service.”
The state’s medical examiner will now work to determine the exact cause of death.
