Bruce Halle, who Forbes magazine ranks as the richest man in Arizona and the founder of Discount Tire, died Thursday at the age of 87.

The Arizona Republic and Art News reported his death, as well as many Discount Tire employees on social media.

Forbes estimated in October that Halle was worth $4.6 billion, making him the 144th-richest person in the world.

The Paradise Valley resident and Korean War veteran was no stranger to the prominent list. His name appeared there on a regular basis over the past decade.

 ARTNews said Halle and his wife, Diane, had been mainstays on the ARTnews “Top 200 Collectors” list, having made appearances every year since 2008. Prior to their marriage, in 1999, Diane had started a collection of Latin American art, which Bruce later supported. On the occasion of a 2001 exhibition of works from their collection at the Museum of Fine Arts, Houston, Diane said of the decision to buy Latin American work, “When I became serious about actually collecting, I wanted to have a region that was my own, one that I could explore by myself,” according to ARTNews. Bruce was also a serious collector in his own right, and counted among his holdings sculptures by Aristide Maillol, Jean Arp, and other modernist masters and antique posters related to tires.

Halle — who was born in Springfield, Massachusetts — started with just six tires in his Ann Arbor, Michigan showroom in 1960. Since then, the company has grown to more than 900 stores in 28 states.

The tire and wheel retailer earned fame for its 1975 television commercial where an elderly lady throws a tire through a store window with the tagline, “if ever you’re not satisfied with one of our tires, please feel free to bring it back to us.”