ST. LOUIS, MO (KTVI) - Jack Taylor, who founded Enterprise Rent-a-Car, has died at the age of 94. A statement from Enterprise Holdings, stated that Taylor died Saturday in St. Louis after a brief illness.
In 1957, Taylor founded Executive Leasing at a St. Louis Cadillac dealership where he was a salesman. Taylor rented cars to customers whose vehicles were being repaired. Eventually the business grew into Enterprise, which allowed customers to pick-up and drop-off cars away from airports.
Forbes magazine estimates Taylor’s wealth at $5.3 billion dollars, placing him 248th on the list of richest people. Enterprise Holdings encompasses the Alamo Rent A Car and National Car Rental brands, as well as Enterprise Rent-A-Car and other interests.
Taylor was one of the St. Louis area's best-known philanthropists. He has donated millions to many local institutions, including $35 million to the Donald Danforth Plant Science Center and $30 million to the Missouri Botanical Garden.
Taylor is survived by his son and daughter, five granddaughters and three great-granddaughters. Funeral services will be private.
The family requests that memorial contributions be made to the Donald Danforth Plant Science Center, Forest Park Forever or the St. Louis Symphony.
For more information, visit jacktaylorremembered.com.