Ernest Garcia, II Net Worth

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Ernest Garcia, II is an American businessman who has a net worth of $5.3 billion. Ernest Garcia, II is best known as the owner of DriveTime and president of Carvana. His father was mayor of Gallup, New Mexico and Ernest II graduated from the University of Arizona.

Ernest Garcia, II is a member of the Rich Billionaires

Age, Origin and Sign

Place of birth American

💰 Net worth: $15.97 billion (2022)

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Ernest Garcia, II net worth: Ernest Garcia, II is an American businessman who has a net worth of $5.3 billion. Ernest Garcia, II is best known as the owner of DriveTime and president of Carvana. His father was mayor of Gallup, New Mexico and Ernest II graduated from the University of Arizona. He worked as a real estate developer and pleaded guilty to bank fraud. He bought the bankrupt Ugly Duckling car rental franchise in 1991 for less than $1 million. In 2002, the company was renamed DriveTime, which had more than 140 locations in the United States with approximately 3,800 employees. Spin-off company Carvana was founded in 2012 as an online used car retailer. Ernest Garcia, II serves as president and his son Ernest Garcia, III is chief executive officer. Other DriveTime companies include GO Financial, Bridgecrest Acceptance Corporation, and SilverRock Group Inc.

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