Proven Donald Aronow Net Worth 2023

Donald Aronow was a renowned American designer, builder, and racer of speedboats. In this article, we will explore Donald Aronow net worth , shedding light on his remarkable financial success and the key factors contributing to his prosperous journey. He established several boat companies, such as Formula Marine, Donzi Marine, and Cigarette Racing Team. Aronow boats were highly regarded for their exceptional speed and stylish design. He made significant contributions to the advancement of high-performance powerboats. Apart from his contributions to the boating industry, Donald Aronow name also appeared on the list of wealthiest individuals in the United States.Now we are looking into depth Donald Aronow net worth

Donald Aronow Biography 

Early Life and Upbringing

Donald Aronow Biography  was born to Russian-Jewish immigrant parents in Brooklyn, New York, on March 3, 1927. His father owned a gas station and taxi company, but their wealth was lost during the Great Depression. Aronow excelled in sports during high school and attended Brooklyn College, earning a degree in physical education.In this section we read about Donald Aronow Biography.

Donald Aronow Net Worth

Career Trajectory

After completing his education, Aronow served in the Merchant Marine during World War II. Following the war, he entered the construction contracting business. In 1962, he founded Formula Marine, a company that quickly became a leading manufacturer of high-performance powerboats. Two years later, Aronow established Donzi Marine, further pushing the boundaries of speed and power in boat design. His success continued with founding the Cigarette Racing Team in 1968, solidifying his reputation as an influential figure in the industry.

Industries and Fortune

Don Aronow made his fortune in the marine industry, particularly in speedboat design, construction, and racing. His boat companies, including Formula Marine, Donzi Marine, and Cigarette Racing Team, became highly successful and internationally renowned. Aronow innovative designs and commitment to performance elevated the standards of powerboat manufacturing. His boats were sought after by prominent individuals, and he catered to wealthy clients, including the Shah of Iran, Charles Keating, Robert Vesco, Malcolm Forbes, and George H. W. Bush.

Early LifeCareerIndustries and Fortune
Born in Brooklyn, New York in 1927Founded Formula Marine in 1962Made fortune in the marine industry
Russian-Jewish immigrant parentsEstablished Donzi Marine in 1964Boat companies: Formula Marine, Donzi Marine, and Cigarette Racing Team
Excelled in sports during high schoolFounded Cigarette Racing Team in 1968Attracted wealthy clients
Attended Brooklyn College, a degree in physical educationPioneer in high-performance powerboatsElevated standards of powerboat manufacturing

Age & Zodiac Sign

 Don Aronow was born on March 3, 1927, in Brooklyn, New York, and he passed away on February 3, 1987, at the age of 59. His zodiac sign was Pisces.

Height, Weight & Physical Stats

 Don Aronow stature measured 6 feet 2 inches, while his weight remained steady at 180 pounds. He possessed brown hair and captivating blue eyes.

Personal InformationDetails
Zodiac SignPisces
Weight180 lbs
Hair ColorBrown
Eye ColorBlue

Early Life and Family

Don Aronow was born to Russian-Jewish immigrant parents. His father, Samuel Aronow, owned a gas station and a taxi company that collapsed during the Great Depression. His mother, Ida Aronow, was a homemaker. Don had two older brothers named Milton and Marvin.

Early Life and FamilyDetails
BornMarch 3, 1927,
BirthplaceBrooklyn, New York
FamilyRussian-Jewish immigrants
FatherSamuel Aronow
MotherIda Aronow
SiblingsMilton, Marvin


Don Aronow attended Brooklyn College, where he pursued a degree in physical education.

Alma MaterBrooklyn College
DegreePhysical Education

Family and Relationships

 Don Aronow was married three times. His first wife was Lillian Aronow, with whom he had two children named Jeffrey and Craig. His second wife was Suzanne Aronow, and they had one child named David. His third wife was Mariette Aronow, and they had no children together.

Family and RelationshipsDetails
Marital StatusMarried three times
SpousesLillian Aronow, Suzanne Aronow, Mariette Aronow
ChildrenJeffrey, Craig, David

Donald Aronow Net Worth 

Donald Aronow, a successful designer, and entrepreneur, had a considerable Net Worth at his death. Although the exact figure of Donald Aronow Net Worth was not publicly disclosed, it is estimated to have been hundreds of millions of dollars. Aronow achieved wealth primarily through his thriving boat companies, including Formula Marine, Donzi Marine, and Cigarette Racing Team, leaders in the high-performance powerboat industry. Additionally, he owned a construction company and a race team. While his net worth is subject to estimation, it is undeniable that Aronow financial success was substantial. It is worth noting that there were reports of his involvement with the drug trade, as he was involved in a dispute with a drug smuggler before his untimely death. However, the precise details and implications of this connection remain uncertain. 

Donald Aronow Net Worth
Donald Aronow Net Worth
Net WorthAt the time of his death, it was estimated that Donald Aronow net worth was estimated to several hundred million dollars.
Primary CareerSuccessful designer and entrepreneur in the boating industry.
Boat CompaniesFormula Marine, Donzi Marine, Cigarette Racing Team: Leading brands in high-performance powerboats.
Other BusinessesConstruction company, race team: Diversified business ventures.
Net Worth EstimateSubstantial but not publicly disclosed.
Involvement in DrugsReports of alleged involvement with drug trade details uncertain.

Donald Aronow Death

Donald Aronow, a successful boat builder, and racer, was tragically murdered in Miami, Florida, on February 3, 1987. He was shot multiple times in his car by an unknown assailant. Aronow death remains unsolved, believed to be related to a dispute with a drug smuggler. His passing was a significant loss to the powerboat racing community, as he was a talented designer and builder. His boats were highly regarded for their speed and sleek design.

Unknown facts about Don Aronow 

  • A talented athlete in high school (football, wrestling, track).
  • Successful construction contractor before entering the boating industry.
  • Named “Man of the Year” by Boating Magazine in 1966.
  • Inducted into the National Powerboat Hall of Fame.
  • Donald Aronow net worth was estimated to be several hundred million dollars at the time of his death.
  • Renowned for designing exceptional boats.
  • He was known for his extravagant lifestyle and fast cars.
  • The case remains unsolved; he was murdered in 1987.
  • Once arrested for transporting marijuana.
  • A close friend of actor George Hamilton.
  • Mentor to boat builder Skip Nichols.
  • Pioneer of the “catamaran” hull design.
  • We have licensed pilots and airplane owners.
  • Supported Republican Party and endorsed Nixon/Reagan.
  • Generous philanthropists supported charities like United Way and March of Dimes.


In Conclusion, Donald Aronow was a renowned American speedboat designer and builder who significantly impacted the boating industry. He founded successful boat companies like Formula Marine, Donzi Marine, and Cigarette Racing Team, creating exceptional and highly sought-after boats. Unfortunately, his life was tragically cut short when he was murdered in 1987, and the circumstances surrounding his death remain a mystery. The precise Don Aronow net worth at the time of his death remains undisclosed, but it is believed to have been hundreds of millions of dollars. Aronow untimely demise was a significant loss for the powerboat racing community, as he was a talented individual and a passionate advocate for the sport. Despite his tragic end, his innovative boat designs and lasting influence inspire today’s industry.


Q1: What was Don Aronow net worth at his death? 

Don Aronow exact net worth at his death is undisclosed. However, it is estimated to have been hundreds of millions of dollars.

Q2: How did Don Aronow make his money?

Don Aronow made money through his successful boat companies, Formula Marine, Donzi Marine, and Cigarette Racing Team, leaders in the high-performance powerboat industry.

Q3: What are some of Don Aronow most controversial moments?

Don Aronow experienced various controversial moments throughout his life. Some notable instances include his arrest for transporting marijuana in his car, allegations of involvement in the drug trade, and his tragic murder in 1987. These controversial events contributed to the complex and controversial reputation surrounding Don Aronow.

Leave a comment