Jay Penske is a successful American media and publishing entrepreneur and racecar team owner. Furthermore, he is also a presiding officer and CEO of Penske Media Corporation, a digital media & publishing company he established in 2004. For further details regarding Jay Penske, make sure to read till the end.

Jay Penske Married Elaine Irwin

Well, the accomplished entrepreneur engaged to Elaine Irwin, an American model. Furthermore, Elaine was the face of Ralph Lauren and Almay Lauren. In the same vein, she was also a former wife of the musician John Mellencamp from 1992 to 2011. They also shared two sons.

Jay Penske with his wife Elaine Irwin
Jay Penske with his wife, Elaine Irwin
Source: Instagram

Meanwhile, In October 2012, Penske and Irwin engaged in low-key. So, there are facts regarding their engagement. And, in the same year, the couple exchanged their vows at the private wedding ceremony. However, the marriage condition is unknown, but it is obvious that Mr. and Mr.s family, relatives, and close relatives are there to attend the ceremony.

Likewise, the wedded pair haven’t spoken anything regarding their love life and weddings in the media. As we know, the couple had a child daughter who was born in May 2013. On December 24, 2018, Penske shared a picture of his kissing her daughter on a cheek. Currently, the lovely family resides in California.

Jay Penske Net Worth

Heading to the fortune of Penske, the business person has marked great revenues by his successful digital media and publishing company. He earns millions of dollars from each publication of his co-operation, such as Variety, WWD, Rolling Stone, Deadline Hollywood, Boy Genius Report, Bollywood Life.

Jay Penske
Jay Penske
Source: Instagram

However, the detailed record of his earnings of not in any reliable sources. We know that Penske is a multi-millionaire guy. As of 2021, Jay Penske has a net worth of $200 million, similar to the eminent actress Tytyana Miller. On the other hand, his partner Elaine Irwin has a net worth of $17 million.

The couple has made a considerable amount of wealth together. Moreover, Penske is also a former owner of Mail.com, a personalized email platform. He sold Mail.com for 50 to 100 million Euros. Currently, Penske is living in a huge mansion, costing around millions of dollars in Los Angeles.

Jay Penske Company “Penske Media Corporation”

PMC is an American digital media, information services, and publishing company headquartered in Los Angeles and New York City. Further, it printed more than 20 digital & print brands, including WWD, Variety, Rolling Stone, Deadline Hollywood, Boy Genius Report, Bollywood, and others.

PMC logo
PMC logo
Source: PMC

Likewise, PMC was founded by Jay Penske in 2003. The company started as an affinity marketing and internet volunteers company called Velocity Services, Inc. Meanwhile, the company obtained the Mail.com domain and named it Mail.com Media Corporation (MMC).

In 2008, the company purchased digital entertainment properties like Hollywoodlife.com, OnCars.com, MailTimes, and Movieline to incorporate the Mail.com portal and email service. In the meantime of 2008, the company collected a $35 million growth equity round of funding from a leading private equity fund.

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