Ernest Garcia III (#276)
- $ 12 B
- Used cars
- United States
- M
- 44 Years
'A form of double taxation': Are management fees on new houses quietly getting out of control?
Trump Official Blames Biden Admin for Economic ‘Mess’ — As Resurfaced Clip Shows Him Saying Trump Would Own the Economy By 2026
Is Precigen, Inc. (PGEN) A Good Stock To Buy Now?
Is Transocean Ltd. (RIG) A Good Stock To Buy Now?
Tesla is selling Chinese-made cars in Canada to escape the tariffs that both China and America imposed on it
Insecurity didn’t start with Tinubu, group defends president’s security record
Vibrating pillow sleeve warns deaf sleepers of burglars and fires
How Kepler built verifiable AI for financial services with Claude
Is ASML Holding N.V. (ASML) A Good Stock To Buy Now?
5-Letter Words Ending in ‘Y’ to Help You Improve Your Wordle Skills
About Me
Ernest Garcia III is the cofounder and CEO of Carvana, an ecommerce platform for buying and selling used cars. Garcia launched Carvana in 2012 as a subsidiary of DriveTime, a traditional used car business that operates 149 dealerships in 29 states. Garcia started Carvana as a way to sell used cars directly instead of relying on middlemen; the company also offers financing services. In 2017, Carvana spun out of Drivetime in an IPO that raised $225 million. Garcia's father, Ernest Garcia II, owns and runs DriveTime. He helped fund the initial development of Carvana and remains its largest shareholder.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Ernest Garcia III’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Ernest Garcia III’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $11.5B
(May 4, 2026)
© Iconic Billionaires