Here's your Forbes Daily Briefing for Friday, April 25th. Today on Forbes, the man who will make

Nick Sabin a billionaire. Joe Agresti was on a conference call in his Baton Rouge office when an

unknown number left a message. Nick Sabin, the legendary University of Alabama football coach,

was calling.

He wanted to open a car dealership.

Agresti, now 52 years old, recalls, quote,

I thought it was a prank call.

I thought one of my buddies left me a bullshit prank Sabin thing.

Within a few weeks, Sabin and Agresti, whose Mercedes-Benz of Baton Rouge was considered one of the

nation's best-run dealers, met for a 30-minute sit-down that lasted four hours.

The next day, they agreed to go into business together.

Now, their Dream Motor Group sells 20,000 Mercedes-Benzes a year, plus a couple hundred infinities and Ferraris

across nine dealerships in Alabama, Louisiana, Tennessee, Texas, and Florida, where the pair

bought two Miami-area-area stores in a $730 million deal in 2023-million dollar deal in 2023.

Annual revenues are nearing $2 billion.

Of the partnership, Sabin says, quote,

it's one of the best decisions I ever made.

It's been really good for both of us.

It's been so good, in fact, that Agresti, who runs the day-to-day and owns majority

stakes in the dealerships, is now a billionaire,

worth $1.1 billion.

Saban, a minority partner in many of the ventures, likely isn't far behind, meaning he's set

...