What is Carroll Shelby's net worth? Carroll Shelby was born in Texas and had an estimated net worth of $40 million dollars. Bedridden as a child, Carroll Shelby went on to become a Formula One racer and an influential automotive designer. He has designed sports cars for Ford, Dodge, and Oldsmobile, as well as pursuing his own projects, and was named 2008 Automotive Executive of the Year. Carroll Shelby died on May 10th, 2012 at the age of 89.